Posted by: IrfanUpdated at : 4:16 AM
Tags: LOANS
Loans or personal loans, also called consumer credit, are those that are granted to meet consumer needs apart from buying a property. The...
Loans or personal loans, also called consumer credit, are those that are granted to meet consumer needs apart from buying a property. The amount and the period for which these loans are given is usually considerably less than the mortgage. The interest, however, is usually higher.
In the case of these loans, you are entitled to be provided with a copy of the written contract, which must indicate the applicable interest rate (APR), the conditions of interest and their modifications, loan amount, frequency of payments, as well as all costs leading rigged, such as fee, study, etc., and if there is any obligation to provide insurance as security for payment.
In the case of a loan whose amount is between € 150.25 and € 18,030.36, we have the right to repay early, in whole or in part, at any time during the term of the loan. In such case, the fee prepayment or early termination may not exceed 1.5% of the capital repaid early when the loan is variable rate and 3% when it is at fixed rates.
In the case of these loans, you are entitled to be provided with a copy of the written contract, which must indicate the applicable interest rate (APR), the conditions of interest and their modifications, loan amount, frequency of payments, as well as all costs leading rigged, such as fee, study, etc., and if there is any obligation to provide insurance as security for payment.
In the case of a loan whose amount is between € 150.25 and € 18,030.36, we have the right to repay early, in whole or in part, at any time during the term of the loan. In such case, the fee prepayment or early termination may not exceed 1.5% of the capital repaid early when the loan is variable rate and 3% when it is at fixed rates.
ADS
I Hope this Personal Loans article is useful for you. If you like this Personal Loans article, please give a like and share this Personal Loans article to others.
Title : Personal Loans
Description : Loans or personal loans, also called consumer credit, are those that are granted to meet consumer needs apart from buying a property. The...
Description : Loans or personal loans, also called consumer credit, are those that are granted to meet consumer needs apart from buying a property. The...