Financing period: minimum 1 month, maximum 60 months
Amount financed: minimum 100 RON, maximum 25,000 RON
Interest rate: minimum 0.001%, maximum 1.29%
DAE: minimum 1.88%, maximum 4108%
For a loan worth 500 lei, the Annual Effective Interest (APR) is 4084%, the interest is 1743.64 lei, and the total amount of payment is 2243.64 lei.
The APR and the total payment amount for the loan in this example were calculated assuming that the approved amount was fully withdrawn at the time of granting, and the repayment is made in 12 monthly installments equal to 186.97 lei.
Note: The information in this example is indicative, refers to a specific product type and has no contractual value. The costs of taking out a loan may vary depending on the type of product for which you are eligible after analyzing your particular situation.
