Loan and Credit is one of the largest Czech banks. In the offer of this financial institution we can find a number of advantageous loans and credits. One of these loan offers is Personal Loan from Loan and Credit.

This personal loan allows you to raise up to 2.5 million dollars. It is a non-purpose loan and the money can be used to finance any expenses. Personal loans from Loan and Credit are provided from USD 30,000 up to USD 2,500,000.

Personal loan from Loan and Credit

Personal loan from Loan and Credit

The amount of the loan depends on proving the ability to repay. Depending on your income or the submitted tax returns, you can borrow up to 2.5 million dollars from Loan and Credit.

The maturity of a personal loan from Loan and Credit is 12 – 72 months (ie 1 – 6 years). The minimum interest rate for this financial product is fixed at 9.4%.

Loan and Credit charges a loan approval fee of 0.8% of the total volume of borrowed funds. This is slightly less than other banks, where the usual fee is 1%. The minimum amount of this one-off fee is USD 500 at Loan and Credit, and the maximum amount is not limited in any way, depending on the loan amount.

Conditions for arranging a Personal Loan with Loan and Credit

Conditions for arranging a Personal Loan with Loan and Credit

The basic prerequisite for arranging a personal loan from Loan and Credit is the submission of two identity documents. In addition, those interested in money must prove their income (from employment or other regular income). If the entrepreneur or self-employed person applies for a Personal Loan, they must submit their tax returns to the bank (for the last 2 years).

Loan and Credit further requires that the borrower have a bank account in the bank. If you are not yet a Loan and Credit client, you will need to open a bank account first. The basic version of My Account will cost you at least 960 USD.

In addition to this bank account fee, Loan and Credit charges an additional annual fee for managing and maintaining the loan. This annual fee is USD 960.

The price of the loan at Loan and Credit is free from the ability to repay. If you want to repay your loan early, it is free at Loan and Credit (no fees).