At banks, you can find a cash loan offer called an autumn loan. This is banks’s offer for new clients. The bank charges additional fees for granting us a loan. First of all, we will have to pay a preparation fee of 6% of the amount that the bank has awarded us. We have to pay 2% of the prolonged amount for the extension of the loan repayment. If we want to increase the loan amount, we will have to pay 4% of the amount we want to increase.
This is a loan for people over eighteen.
The autumn loan is a promotional offer that could be used from October 6 to the end of November 2017. The loan application could be submitted at the branch. There was also no need for credit insurance.
The minimum loan amount was PLN 1,000 and the maximum amount was PLN 150,000.
This loan enjoyed considerable popularity among borrowers. Many people have benefited from the offer, and many regret that they learned about this offer too late. Before Christmas, banks always strives to prepare interesting enough cash offer offers to attract many new customers.
As part of this offer, you borrow PLN 10,000 for a loan period of 48 months, it will cost you PLN 2,496. Each of the forty-eight installments will be around PLN 260 each.
The bank guarantees the APRC at 12%.
As you know, the lower the APRC value, the less such a commitment will cost us. For the maximum parameters of the autumn loan it looks a bit different. You borrow PLN 150,000 for a period of 120 months – this commitment will cost you almost PLN 85,000. Installments will also be higher, after PLN 1956, but the APRC value will drop to 10.11% per annum. As you can see, this commitment is quite favorable for borrowers. The low APRC value means that it is not a very expensive cash commitment, which can be easily repaid. We like such offers the most. The loan should be tailored to our needs and we should be able to pay it back in time, which is what the autumn loan offer from banks is.