Consumer credit in Finland is a solution for everyone, who needs additional injection of cash. How much and for how long can you borrow? What terms do you have to fulfil? You can find answers to these and other questions in this article.
From January to April 2020, Finland's credit rate fell from 4.6198% to the lowest level of 3.2078%. It didn't take long, however. In the following month, the rate returned to 4.2278%, which is a percentage increase of almost 32%!
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EXAMPLE CALCULATION
€ 10,000 loan period 5 years
Effective annual interest rate: 11.76%
Cost € 3,050.
Total cost: € 13,050
Our lowest interest rate 4.50%
Our highest interest rate 20%
MOTTY
Motty is a brand of Norwegian Telefinans AS, which was launched
in February 2019
Telefinans AS is one of the most experienced companies in the market and has been operating in the industry since 1985.
In addition to Finland, Telefinans operates in
Norway, Sweden and Denmark.
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