⚡️QUESTION;
I got a microloan from a bank two years ago. Currently, I owe 10 million soums from my loan. Can I still get a loan from another bank?
⚡️ANSWER;
According to the Law of the Republic of Uzbekistan No. ZRU-15.09.2006 dated 50, microloans issued by banks and microcredit organizations to an individual borrower in the amount not exceeding 50 million soums on terms of payment, maturity and repayment funds.
🟢 Other types of loans, such as the above, are issued to the borrower on the terms of maturity, maturity and repayment. For example, repayment means that you must have sufficient official income to repay the loan you are taking. The official income is not the money you earn on the street, it should be the income that you see in some documents, like the income you earn working in an organization or through entrepreneurship.
✏️ So if you want to get another loan, there is no legal restriction for you, but your monthly salary must be sufficient. For example, if you receive 3 million soums a month and you are paying him two and a half million soums for your previous loan and you go to the bank to get another loan, you will be healthy and we will give you another loan. The reason is that the excess of your income over your previous loan is not enough for your second loan. If you earn 10 million soums and are paying 1 million or 3 million for your previous loan, the bank staff will tell you how many loans to give. This is because the amount of money you increase from your old loan is enough to repay the second loan.
