Last year PrivatBank expanded the list of offered consumer loans and started offering its customers two new targeted loans: a consumer loan for property acquisition or repair and a consumer loan for studying at the airBaltic Pilot Academy. Two new types of loans for health care and refinancing of liabilities are available to customers from 25th of March.
A consumer loan is a good tool to finance a carefully planned large purchase, to buy or repair real estate, to buy a vehicle, furniture or household appliances, to travel, to organize a wedding, to take care of your health and fulfill other wishes.
The Bank’s homepage has a page with a calculator, where the customer can easily and quickly choose the type of consumer loan that suits him, and there is also a simple form, which can be filled in by the customer to conveniently apply for a loan. Depending on the type of consumer loan, customers can choose a suitable period for loan repayment from 12 to 84 months, as well as choose the most appropriate date to make monthly instalments. In accordance with the customers’ requests, the Bank has increased the limit of the granted amount up to 15 thousands EUR, which opens wide opportunities, and the monthly instalment is easy to cover from the household budget. It should be emphasized that consumer loans do not require collateral and they can be settled prematurely without any additional commission.
Vadims Marinecs, Head of AS “PrivatBank” Consumer Lending:
“At the end of 2019 we have altered the terms of consumer loans by increasing the amount and the term of granted loan, as well as revised interest rates. For the first three months, since the introduction of changes in the terms of consumer lending, the Bank, compared to the same period earlier, has observed: the growth of the total volume of consumer loans issued per month by 43%; the growth of the total number of received applications for loans by 18%; as well as the growth of the average size of one loan issued by 23%. Vibrant positive dynamics is also observed in a rapid increase in the number of new customers, namely, the number of new customers who previously had no business relations with the Bank has doubled.
I would particularly like to mark new targeted loan aimed at health care – it can be acquired for yourself or a significant person to receive health care, and the loan repayment can be made in instalments. In turn, the new loan for the refinancing of obligations provides an opportunity to improve the financial situation of those who want to spend less on servicing existing loan obligations, thus improving their quality of life.”
Collateral or a guarantor are not required to obtain the consumer loan for health care, and depending on the amount of the loan you can choose the repayment period from 12 months to as many as 5 years. Repayment of the loan can be made gradually, with small monthly instalments.
Consumer loan for refinancing of liabilities allows to combine and refinance loans from other lenders, including consumer loans, credit lines, pre-approved credit of payment cards and other loans. Refinancing enables to adjust the amount of monthly instalment to the needs of the customer, reduce the total cost of loan repayment and in addition to refinancing obligations allows to obtain additional funds for other purposes. The period of repayment is from 12 months to 5 years.
Further information and assistance can be obtained by calling the hotline 8515 or chatting as well as sending an e-mail to firstname.lastname@example.org on weekdays from 9:00 to 19:00 and on Saturdays and holidays from 9:00 to 17:00.