Loan intended for legal and natural persons to finance registration costs
Loan amount
300 KM - 5.000 KM
Repayment
3 - 12 months
Loan processing fee Credo Central + (AO)
*AO - automobilska odgovornost
30 KM for amounts of 300 KM-2000 KM of approved loan for a repayment period of 3-6 months
45 KM for amounts of 300 KM-2000 KM of approved loan for a repayment period of 7-9 months
60 KM for amounts of 300 KM-2000 KM of approved loan for a repayment period of 10-12 months
Loan processing fee Credo Central + (AK)
*AK- auto kasko
50 KM do iznosa 1.000 KM of approved loan
75 KM for amounts of 1.001 do 2.000 KM of approved loan
100 KM for amounts of 2.001 do 3.000 KM of approved loan
150 KM for amounts of 3.001 do 5.000 KM of approved loan
Fixed nominal interest rate
0%
Grace period
No
Additional costs
Bill of exchange 5,00 KM · Certification 4,00 KM
EKS*: 23,13%-64,50%
Example of Effective Interest Rate Calculation (EKS)
| Type of loan | Loan amount | Repayment | NKS | Processing costs | EKS |
|---|---|---|---|---|---|
| Credo Central+ | 300,00 KM | 3 months | 0% | 30,00 KM | 110,84% |
| Credo Central+ | 600,00 KM | 6 months | 0% | 45,00 KM | 35,10% |
| Credo Central+ | 900,00 KM | 12 months | 0% | 60,00 KM | 15,02% |
* The stated Effective Interest Rates (EIR) are calculated on maximum loan amounts and maximum repayment terms as well as on minimum loan amounts and minimum repayment terms.
Informative annuity calculation
| CREDO CENTRAL+ | |||
|---|---|---|---|
| Loan amount | 6 months | 9 months | 12 months |
| 600,00 KM | 105,00 | 71,67 | 55,00 |
| 700,00 KM | 121,66 | 82,77 | 63,33 |
| 800,00 KM | 138,33 | 98,89 | 71,67 |
| 900,00 KM | 155,00 | 105,00 | 80,00 |
| 1.000,00 KM | 171,67 | 116,11 | 88,33 |
* All credit products are linked to the EURO currency clause.
* MKD Credo Center presents / approves loans in KM indexed in EUR at the middle exchange rate of the CBBH on the day of drafting the contract.