Understanding Loan Terms and Conditions
Before we are signing any loan contract, you should read carefully a number of parameters indicative of the interest they pay and expenses that support the return of capital received.
– The first indicator of the rate of interest is the TAN – Nominal annual rate – usually expressed as a percentage, indicates how much you pay each year of interest (the interest is obtained by multiplying the capital for this percentage), and competes in the composition of the installment that you pay each month in the repayment of debt. Read more »
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