Representative example for the Consolidation Loan with the “Change Bank for your 2nd Edition” promotion: Actual Annual Interest Rate (APRC) is 14.68%, total loan amount (excluding costs credited): PLN 20,245.06 (including 17,504.62 PLN as the amount allocated to the consolidation of credit products outside Millenial bank), the total amount to be paid: 31,206.01 PLN, fixed interest rate 6.3%, total cost of the loan: PLN 10,960.95 (including: 0.8% commission ( PLN 161.96), interest PLN 5 840.08, additional services PLN 4 958.91 in the form of insurance PLN 4 958.91, payment for Account 360 ° PLN 0 provided that the account has at least PLN 1000 external receipts and min 1 card payment to the account / BLIK per month; otherwise, the monthly account maintenance fee is PLN 8), 81 monthly installments of PLN 385.26. The calculation was made on August 17, 2018 on a representative example.
Consolidation loans promotion
The “Change Bank of your loan 2nd edition” promotion applies to consolidation loans, ie loans in which part or all of the amount granted is intended for the repayment of credit products (loans, loans, credit card debt and in account limits) from outside the Bank. One of the conditions for using the Promotion is the conclusion of a Safe Loan insurance contract. The promotion cannot be combined with other cash loan promotions and can be used only once during its duration. The promotion runs from September 1, 2018 to February 28, 2019.
Actual Annual Interest Rate (APRC) is 8.83%, total loan amount (excluding costs credited): PLN 44 642.12, total payment amount: PLN 59 372.18, fixed interest rate 7.93%, total cost of the loan: PLN 14,730.06 (including: 1.81% commission (PLN 808.02), interest PLN 13,922.03, additional services PLN 0, including: PLN 0 – payment for the 360 ° Account, if the account is credited with min PLN 1,000 of external receipts and a minimum of 1 card / BLIK card payment per month; otherwise, the monthly account maintenance fee is PLN 8), 84 monthly installments of PLN 706.81. The calculation was made on 05/10/2018 on a representative example.
Creditworthiness before granting the loan
Detailed terms and conditions of the Promotion are contained in the Promotion Regulations “Change Bank of your loan 2nd edition”. Fees, commissions and interest are charged in accordance with the Cash Loan Price List. Details on the rules for granting loans are included in the Regulations on loans and advances to individual customers by Millenial bank SA Detailed rules for granting insurance coverage under the Safe Loan insurance by Eurono are contained in the Safe Loan Insurance Terms and Card Product – Safe Loan insurance. The above-mentioned documents are available at the Bank’s branches and at Millenial bank. Each time the Bank assesses the Applicant’s creditworthiness and creditworthiness before granting the loan; in justified cases, may refuse to grant it.