A very interesting offer of a consolidation loan is the offer of Loan and Credit. Taking a seven-year loan of USD 70,000 here, we will incur a total cost of USD 26,180.
The monthly loan installments will be USD 1,145. Loan and Credit allows you to take out a loan from USD 1,000 to a maximum of USD 200,000 with a loan period of up to 10 years.
The loan interest rate is 6% per annum
It consists of WIBOR 3m and a margin of 4.31%. The commission for the bank for granting us a consolidation loan will be from 10% to a maximum of 13% of the loan amount. The bank does not charge any preparation fees. Credit insurance is not compulsory, but if you choose it, it will be 0.18-0.3%. The premium is credited monthly. There is no need to open a current account to be able to take this consolidation loan.
When establishing a loan repayment account, it will be kept for free. We will not pay any commission for early repayment. The loan promo will cost us USD 100, and each prompt from the bank will be in the amount of USD 20-25.
The consolidation loan in Loan and Credit is intended for the repayment of cash loans, account limits as well as credit cards. We can take a loan here up to USD 200,000 without compulsory insurance. The loan period here is up to 10 years. The whole process of granting a consolidation loan in this bank is online.
A consolidation loan at Good Finance Bank
Good Finance Bank offers an interesting consolidation loan offer. By incurring it for the amount of USD 70,000 for the loan period of seven years, we will incur a total cost of USD 30,548.
Each of the loan installments will amount to USD 1,197. The Bank offers the possibility of taking a consolidation loan for an amount from USD 20,000 to a maximum of USD 200,000, with a loan term of up to eight years.
The loan’s nominal interest rate is variable and amounts to 10% per annum. As a commission, the bank charges between 0% and 2% of the loan amount. One of the costs is the payment of a preparation fee of USD 1,400. Fortunately, there is no need to select additional products to be able to take advantage of the offer. The loan repayment account is kept by the bank for free.
Early repayment commission is not charged under this offer
The loan repayment rate is 0.5% of the loan amount or installment. Changing the loan repayment system is possible and we will pay 1% of the outstanding amount. A prompt from the bank will cost us USD 50 each time. The loan amount that can be taken here is up to USD 200,000.
Nominal interest rate starts from 9.5% per annum. The loan period is up to 96 months. We guarantee one lower installment, one payment date and all debts in one place. Db A mortgage consolidation loan can be spread over a loan period of up to 20 years.
With a consolidation loan you can finance up to 70% of the property value, but only if the bank increases your margin. A consolidation loan is a very good solution because it allows you to pay off liabilities more easily. We have one installment, which is lower and thus it will be much easier for us to plan our home budget.