And then do not pay 10 ads per cent, and 50 or more. And just because they do not set the time the major issues. What you need to ask the bankers, not to 'get the money'? Situation number 1 at a time when Olga Z. painfully wondered where to get 30 thousand dollars to restructure to get her inherited problem, the girl caught the eye of advertising reputable Western bank. The loan was promised to issue a couple of days, without tedious collection of information and Search guarantors. Credit, however, was not cheap - 28,5% per annum - but the money was needed urgently, begin 'season' in April shabashniks team was ready to begin reconstruction.
The girl decided! Credit really gave a one moment. By signing the contract, Olga drew attention to an item on the Commission to 1,99%, mentally added this figure to 28.5% and thought that with 28% there and 30%. And only paid the first installment, Olga realized that there was something wrong. Give the bank 4160 dollars, multiplied for 12 months does not give 40 thousand dollars, which it expects to return, and more than 50 thousand dollars! But the fact that the commission 1,99% of the contract Olga was obliged to pay each month, and the percentage was taken with the whole loan amount. As a result, effective interest rate was not 28.5% and 68.54%! And these 'credits' on the market today - dozens and give them a solid banks, including the 'daughter' of Western lending institutions. .
The girl decided! Credit really gave a one moment. By signing the contract, Olga drew attention to an item on the Commission to 1,99%, mentally added this figure to 28.5% and thought that with 28% there and 30%. And only paid the first installment, Olga realized that there was something wrong. Give the bank 4160 dollars, multiplied for 12 months does not give 40 thousand dollars, which it expects to return, and more than 50 thousand dollars! But the fact that the commission 1,99% of the contract Olga was obliged to pay each month, and the percentage was taken with the whole loan amount. As a result, effective interest rate was not 28.5% and 68.54%! And these 'credits' on the market today - dozens and give them a solid banks, including the 'daughter' of Western lending institutions. .
Recent Comments