The most unusual circumstances for obtaining credit funds

As practice shows, people never lose their sense of humor—just look at the online applications that unfortunate borrowers submit to bank employees. Of course, they also include standard goals, such as buying a home, a car, necessary household appliances, or paying for medical treatment or education. Sometimes, when reading the "loan purpose" field, it seems that people are simply joking. That is why approving or rejecting another loan application is not always easy for bank employees.

Let's look at the most interesting reasons that drive people to use bank services to get money for their cherished dream:

1. A loan to buy a new TV so it's easier to watch your favorite hockey team play. Some people might think—is it really possible to take out a loan for a hockey match? But it's true.
2. The second very interesting application is needing money to buy elite livestock. What exactly the borrower wanted to buy, and for what purposes they needed this "elite livestock," remained a mystery. It would be very interesting to know if the bank approved such a request.
3. In third place, we have a dream-fulfillment loan. A resident of Prague saw a set of numbers in a dream that were bound to win if placed as a bet at a casino. That is why this Prague resident applied to the bank for money to bet on the cherished numbers and turn the dream into reality.
4. "In the footsteps of Carlson" is a serious reason to get a loan. It is unclear what the essential difference is between roofs in Stockholm and other roofs, but nevertheless, the money was needed for this exact purpose.
5. "New day – new car." One of the borrowers wanted at all costs to get a loan to buy a sports car. Of course, everyone wants to live in luxury, but how are they going to pay off such a reckless investment afterwards?
6. "I want to bathe like all normal people"—this is a request for a loan to buy a bathtub. Another future borrower wanted to buy an entire swimming pool filled with elite French champagne on credit. Imagine how amused bank employees were reading this primary reason for a loan.
7. "A slave to her own habits," one woman stubbornly refused to change anything in her life. She loved medium-rare meat, but could not chew it on her own, and needed money to buy new dentures.
8. Services from doctors like dentists or plastic surgeons cost a lot of money, but the goal—"to restore peace of mind"—is a masterpiece. It's unclear what the bank employee was thinking when reading this explanation, but they still gave the application a green light.
9. "To bribe a doctor"—an honest and concise answer.

What do bank employees think about this? How often are such applications approved?

It's hard to believe, but mostly the answers are positive. Of course, the main thing for the bank is that the money is returned on time, and they check the solvency of their future clients. Moreover, such unusual requests even serve as advertising for banks and increase the number of potential customers.

In what cases do people refuse to repay borrowed loan money?

Everyone has different goals for getting a loan. Some are adequate, some not so much, but both will have to pay the money back!
A special survey was conducted, interviewing 1,600 people from all over Russia, of whom 22% stated that regardless of the political or financial situation in the country, loan payments must be made. 37% stated that there are "valid reasons" not to pay their bank bills.

Reasons for not paying a loan:

• deception by the bank (the full amount the borrower will actually have to pay is not specified);
• the bank changing the interest rate at any moment it sees fit.

Is this fair on the part of the bank? It depends on how you look at it—if such terms were outlined in the contract, then yes.

Question—can a bank's response be positive if you have an unusual goal? Of course it can. Banks are more willing to issue loans for specific and more mundane purposes, but if you have a good reputation and a clean credit history, you also have a high chance of getting the funds you need. As for defaults, the statistics here are stricter: only 10% of all banks are loyal to debtors, and their number is shrinking. Therefore, before applying for a loan, think about whether you will be able to pay it off.

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