Product description: Loan for refinancing unsecured loans granted by banks in Bulgaria, including consumer loans, credit cards, overdrafts and open loans.
Annual interest rates:
- With salary transfer – 13.00%
- Without salary transfer – 14.50%
Max amount:
- Up to 100 000 BGN with collateral
- Up to 25 000 without collateral
Disbursement: Once-off
Loan tenor:
- up to 240 months – with collateral
- up to 120 months – without collateral
Acceptable collateral:
- Co-borrower
- Pledge on the receivables
- Cash collateral
- Mortgage
Repayment: Monthly annuities
Fees: Application fee - 30 BGN for amounts up to 25 000, and 80 BGN – for amounts above 25 000 BGN
Management Fee - 2.5% min 50 BGN
No fee for partial or full prepayment
APR for loan of 25 000 BGN, term 120 months and interest rate 13.00% is 14.57% with the fees mentioned above, monthly instalment 373.28 BGN and whole due amount 45 448.22 BGN