The changes of the entity have been extended to its Personal Loan , a financing product that has a broad purpose, on the one hand, the interest rate has increased both in the initial period and during the rest of the term, including the commissions of opening and early repayment have experienced a notable increase.
Currently, the interest rate is mixed: for an initial period of up to a maximum of 1 year, the interest rate is fixed at 6.50% – before it was 5.50% -, and from the second year, it will be variable euribor plus a differential of 4.5%.
On this occasion, the entity has also opted to increase commissions: opening commission of 1.50% – before it was 1.25% – and commission for early repayment 1.50% – before it was 1.00% -.
On the other hand, this proposal has a repayment period from 2 to 10 years.
At the level of linked products, it is required: the direct debit of the payroll and two household receipts, the purchase of life insurance and the Visa and 4b cards.