Request a loan from €2500 to €50,000.
Choose a term between 12 and 84 months.
Intended to finance the purchase of goods and services, with no specific purpose.
Repayments protected against unforeseen events. Optional insurance when taking out the loan.
What should you know?
What should I know before taking out a loan?
Regardless of the purpose of the credit, one thing is certain: the installments will be monthly and your payment may take some time. Therefore, it is necessary to be sure that your current and future income will be enough to pay off your debt.
How can I assess the performance of my loan?
A good indicator is the debt ratio, which represents the percentage of your expenses in relation to your disposable income. Your credit charges should not exceed 30% of your household budget. Otherwise, your family's financial well-being could be at risk. So, before applying for a credit, carefully evaluate the amount you really need, the amount of the installment to be paid, plus your monthly expenses and other credits already in progress (when applicable). This will give you your debt ratio.
Credit protection insurance
Credit Protection Insurance is optional and allows:
Full payment of the credit in case of death or absolute and definitive disability;
Payment of benefits in the event of absolute temporary incapacity for work (due to accident and/or illness), hospitalization, involuntary unemployment or arrears of wages;
The value of the insurance premium can be financed and diluted in the installments, making it a lighter effort.
Ask your digital assistant, which is always available to help you.
Loan of €20,000, granted for a term of 84 months, with a fixed repayment plan at the beginning of the contract.
ANR – annual nominal rate fixed at 5.95%
APR 8.0%, calculated to include a survey fee of €600 (plus stamp tax), and stamp tax on credit usage and on interest. Applied interest is calculated based on 360 days.
Continuous repayments – to the sum of €293.98
Total amount payable by the consumer – €25.670,16
This does not preclude reading the legally required pre-contractual and contractual information.
For more information, view contacts in the Best Bank app or at www.bancobest.pt/enu/HomePage, or speak to your Manager or External Consultant. If you prefer, visit our Investment Centers.