Скачать или смотреть Product key fact statement for personal loan

Whenever you apply for personal loan do not believe on bank representative words only. Always study the document called product key fact sheet, it will not only provides all the necessary detail about the product but also provide data for comparison of different banks personal loan. It includes
• Name of personal loan product whether it is credit card, auto or home loan
• Amount of loan
• Term of loan
• Type of interest whether it is fixed and variable
• Rate of markup monthly and yearly (it should be mentioned both in term of percentage and amount
• Monthly installment payable
• Total amount to be paid by the borrower till completion of loan term.
• Processing, documentation and other charges to be paid by the customer
• Early payment charges if any
• Late payment charges and their method of calculation.
This information can be obtained from bank website or branch. It will help you in choosing the most suitable personal loan.