October 31, 2019 admin

This sudden surge in demand is due to a recent change imposed by the Central Bank. Now the way banks and credit card operators must handle revolving credit rates has changed. It seems difficult? It is not! Let Will Ladislaw explain what all this means. What is credit card revolving? Imagine the revolving as a kind of emergency loan. Consider the following situation: In a particular month with many expenses, you cannot pay the entire credit card bill at maturity. So you decide to pay off only the minimum amount – which is from 15% of the account. The difference…

October 1, 2019 admin

For people who are looking for a loan and want to get money immediately, there are several options. This is especially true for smaller amounts of credit, which are between a few 100 and a few 1000 euros. Such loans are called microcredits. The credit check is often partially automated, so that a complex procedure, as is usual at banks or savings banks, is eliminated. Debit interest rate of 4.83% – 15.49% (depending on creditworthiness) fixed for the entire term, effective annual interest rate: 4.90% up to a maximum of 15.99%, net loan amount: 1,000 – 100,000 euros, contract period:…