Self-service loan

The condition for granting the loan is a positive result of the consumer creditworthiness assessment. The “Loan for 48 months” product offer has been in force since November 29, 2018 and concerns a loan offered via the Internet repaid in 48 monthly installments in the amounts from USD 5,000 to USD 20,000. Only new customers can take advantage of the “48-month loan” offer.

The condition for granting the loan is a positive result of the consumer creditworthiness assessment. Actual Annual Interest Rate (APRC) is 9.87%, total loan amount (without costs credited) USD 10,800, total payment amount USD 13,008.48, fixed interest rate 5%, total loan cost USD 2,208.48 (including commission) USD 927.00, interest: USD 1,281.48), 48 monthly equal installments of USD 271.01 each. The calculation was made as at 10/10/2019 on a representative example of a 48-month Loan.

The “Loan for Start” product offer

The "Loan for Start" product offer

Black Friday is valid from 25/11/2019 to 08/12/2019. The offer applies to the Self-service Loan offered online and repaid in 5 monthly installments with a total loan amount of USD 500 to 5000. Only new customers can take advantage of the “Loan for Start” offer. The condition for granting the loan is a positive result of the consumer creditworthiness assessment. The actual Annual Interest Rate (APRC) is 0%; total loan amount – USD 1,500; total amount to be paid – USD 1,500; fixed interest rate – 0%; total cost of credit – USD 0; 5 equal monthly installments of USD 300. 

Please be advised that on November 29, 2018, Joshua Navs withdrew from the offer the product “For 0 in a month”, which concerned the Self-Service Loan offered via the Internet to all customers and consisted in granting the customer a contractual right to repay the equivalent of the total amount of the loan without incurring the associated costs only on the date of repayment of the first monthly loan installment, but not earlier than within 15 days from the date of the Self-Service Loan agreement.

The “Rented Loan” product offer 

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It concerns a loan in the option on the Account / in Cash repaid in 12 monthly installments with a total loan amount from USD 1,000 to USD 6,000, in which the borrowed amount is repaid on the last, 12. installment. Only new customers can take advantage of the “Rented loan” offer. The condition for granting the loan is a positive result of the consumer creditworthiness assessment. The Actual Annual Interest Rate (APRC) is 79.58%; total loan amount (without costs credited) USD 1,000; total amount to be paid USD 1599.99; fixed interest rate 9.89%; total cost of credit USD 599.99 (including: commission USD 469.20; preparation fee USD 40; interest USD 90.79); 12 monthly installments: the first 11 equal monthly installments of USD 50, the last, 12th monthly installment of USD 1049.99. The calculation was made as at 16/10/2019 on a representative example of a Rented Loan.

The maximum APRC for a weekly matching loan is 290.19%

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The maximum APRC for a monthly matching loan is 506.29%. The maximum APRC for a Self-service Loan is 432.71%. The minimum and maximum duration of the loan agreement for a weekly matching loan is 30 and 104 weeks. The minimum and maximum duration of the loan agreement for a monthly matched loan is 3 and 24 months. The minimum and maximum duration of a self-service loan agreement is 3 and 36 months.  

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