What provisions should be included in the loan agreement?

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A lot of finance terms (e.g. APY, reference rate) appear in the loan agreement, the meaning of which may be unclear to some customers. It is good, therefore, if the financial institution also includes a glossary in the document, explaining the essence of all difficult terms.   Loan amount and currency The loan agreement must […]

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How has car lending changed in recent years? – Car Loan

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There have been changes in both real estate collateral and car loans since March 1, 2010, and the provisions in force at that time are still in force. Starting from that date, the level of own funds in the field of car loans increased from 20% to 25-40% depending on the currency. So, if we […]

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