In modern realities, a loan is considered a convenient tool for solving many monetary troubles. Almost anyone is able to contact the credit institution, take money to debt and purchase everything he needs. Naturally, all this is done on the agreed period and for a specific percentage. I know everything about it. However, not every borrower is known for lending history, as well as many exciting facts that are connected with it.
For the first time in history, credit commitments arose in ancient Egypt. Thanks to archaeologists managed to find out that already in the 7th century BC The first rovists appeared, who issued money under interest. And for this we used clay plate.
Not only in ancient Egypt has developed a lending sphere, but also in ancient Greece. And there the population for the sake of obtaining a major loan was often given their own lands or immovable property. In order to designate that property is on bail, lenders on the lands of borrowers put special signs. In the event of non-payment of the debt of the Earth, the creditor was owned.
If now the irresponsible borrower is threatened only fines and applying for a court, then before our era, such debtors had much worse. So, for example, in ancient Rome, if a citizen refused to pay on accounts, he was caught, put in the pit and covered with a wooden lid. If now the expression «debt yam» is associated with the supervision of a citizen, then in, then it was a real pit. After that, the relatives of the debtor were given a few weeks to collect a ransom, in case of non-payment of the debtor, they sent to slavery.
For non-fulfillment of their credit obligations in Babylon, the debtor not only took away the property and turned it into a slave, but also taken children and relatives and did servants from them.
The oldest of the financial institutions currently available was erected back in 1472. This bank was in Italy in a small town of Siena. Today there are more than 2,000 branches there, 40 of which work abroad.
For the first time advertising publication with a proposal to purchase goods in installments was published in 1730 in London. One of the local traders in the furniture offered to citizens to acquire purchase and pay for the goods with parts — 1 time per week. It caused great interest among the public, and in the future the system of separate payments began to apply more and more sales representatives, which in turn increased sales.
Even at the beginning of the 19th century, the first credit bureaus began to appear. Their task was taken to collect the necessary information about major merchants who wanted to borrow a large amount of money. As you already understood this was done in order to check the solvency of borrowers and avoid the risks of non-payment. On the territory of the Commonwealth of Independent States, such organizations appeared only by the 20th century.
With the formation of a credit system and to this day the most popular credit product is a consumer loan. This is due to the fact that it has the simplest procedure for approval, without having collaborations and guarantees. You can get such a loan in a short time and for any purpose.
Today, the credit broker service is rather popular, as in most cases, people simply have no time to do paper fiber to collect the necessary documents to the bank.
If in Russia this service accounts for 30% of the population, then in the US, more than 90% of all loans are purchased through a credit broker. Americans believe that the independent search for a loan offer is not the best idea.
In Europe, this indicator is also at a sufficiently high level — about 70%. However, according to their legislation, if the client refuses to pay debt, then not only bank employees will be dealt with, but also credit brokers.
Oddly enough, but in almost all countries there is a black list of borrowers, which strictly-setting is prohibited from issuing credit funds. Often, lawyers, journalists, entrepreneurs and faces of military processions fall into the blacklist.
Female Paul with an independent choice of financial institution focus primarily on the amount of interest, early repayment of the loan and the efficiency of obtaining a loan. While most men choose credit institutions based on only two facts: the period of operation of the bank and its fame.
Also analysts have been established that persons from 24 to 45 years old are considered to be more active borrowers. If this category of citizens has official employment and has real estate in its arsenal, the bank will gladly approve a loan. For young people and retirees, lenders are with great risk and often offer loans with increased interest rates.
Now you know interesting historical, and not very, facts about credit obligations. The banking system is much more interesting than it seems at first glance.