People with disabilities, in addition to their daily needs, are forced to bear additional expenses for treatment, rehabilitation, special nutrition and much more. It is not always possible to cover them with their own funds, and in some cases there is no other way out except to contact a bank for a loan. In this article, we will talk about whether a disabled person can get a loan and what is required for this.
Conditions for obtaining a consumer loan for disabled people
The presence of a disability in a potential borrower is not a jiangxi mobile number database legal basis for refusing to issue a loan: such wording violates the provision on the inadmissibility of discrimination on the basis of disability, set out in Article 3.1 of Federal Law No. 181 "On the social protection of disabled people of the Russian Federation". When applying to a bank, clients are not required to report their disability: however, the credit institution will still find out about it from income information (if the borrower receives a social pension).
However, it is indeed more difficult for people with physical disabilities to obtain a loan than for their fellow citizens who do not have health restrictions. Loan applications from disabled people are considered on a general basis, and their income level is often insufficient for approval, especially if they are disabled. We will discuss the features and differences in obtaining loans for citizens with different disability groups below.