Credit Agreement

Before you sign, we show you the standard European consumer credit information and the full agreement for the exact loan you chose. This page summarises the terms that apply to every loan.

The parties

The agreement is concluded between you as the borrower and us as the lender. It is signed electronically and has the same legal force as a paper agreement. A copy is stored in your profile under My files.

Amount, term and cost

The principal, the term, the interest rate, the fees, the total amount to repay and the annual percentage rate are stated in the agreement and match the offer you saw in the calculator. Interest is calculated as stated in the agreement for the product you chose.

Repayment

Payments are made by bank transfer to the account and with the payment reference shown in your profile. You may repay all or part of the loan at any time; interest is then charged only up to the day of repayment and no early-repayment fee applies.

Late payment

If a payment is not received by the due date, late-payment interest accrues on the overdue amount at the rate stated in the agreement and we may charge the reminder costs listed in the price list. After the notice period defined in the agreement we may terminate it and pass the debt to a collection partner.

Right of withdrawal

You may withdraw from the agreement within 14 days of signing without giving a reason by notifying us in writing and repaying the principal together with interest for the days it was used.