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Can I reimburse my personal loans?

Yes If you are repaying your personal loan, you have two options:

  • Maintain the amount of the contributions and shorten the loan period: this is used to summarize the amount of personal loans.
  • Reduce the amount of contributions and maintain the survival of the loan: This is used to make the loan monthly charge cheaper.
  • What should I do for that?

    There are three options for repayment of your personal loan.

    • Branch
    • Telebanka
    • CL-Net

Can I make a personal loan simulation?

Yes, you can make a personal loan simulation on our website to find out the amount of the fee to pay, but these calculations are not firm conditions. To receive a solid proposal, you can go to a branch or, in the case of CLNet or ATMs, check out the Disposal Loans you have previously granted.

Can I disburse my personal loan when I pay taxes?

Is it not a personal loan or a mortgage loan that determines whether or not a loan is granted to be disguised? It determines the purpose of the investment, that is to say, that this objective can be disaggregated in your Treasury. Typically, loans that are used for the purchase or restoration of conventional housing can be impaired, within the limits prescribed by the Treasury.

What effect does the repayment in advance have on loan interest?

If you make a repayment loan, the capital repayment will be automatically deducted, which means that the interest payable will be lower.

That is to say, the capital that is to be returned decreases, the interests that will generate this capital will be reduced.

Can I have a full loan?

loan money

To complete the loan settlement, you have three channels.

  • Branch
  • Telebanka
  • Caja Laboral Net

Do personal loans always have a fixed interest rate?

Personal loans can be arranged in fixed or variable interest. If you are a variable variable, the most commonly used references are Euribor, IRMH and CECA.

Where are the interests published?

interests loans

They are published in the Official State Gazette (BOE).

You can check the information on interest rates published in CLNe by selecting “Interest rates” from the “General information” section of “Other services”.

What is the equivalent annual rate (APR)?

The equivalent annual rate (APR) is a term that represents the real cost or benefit of a financial product (since its calculation includes the corresponding financial effect, interest, periodicity of payments and other commissions, expenses or payments that may arise during the operation period) which can not be avoided by the customer. In this way, it facilitates comparison between some options for investing or financing.

Since its entry into force, the Order EHA / 2899/2011 regulates the UTB in its article 31.

The basic equation that determines the annual equivalent rate (APR) indicates the annual equivalence between the following two variables: on the one hand, the sum of the updated value of credit uses; and, on the other hand, the sum of the updated value of refunds and expenses of payments; this is:

Terms description:

  • – X: UTBa;
  • – m: last order of credit usage number;
  • – k: the order number of an operation to use the credit; therefore, 1 ≤ k ≤ m;
  • – C k, k the amount of use of the credit issue;
  • – t k: the first use of a credit transaction and the date of each subsequent time interval between the date, specified in years and years; Thus, t 1 = 0;
  • – m ‘: the order number of the last return or expense payment;
  • – l: the order number of a refund or expense payment;
  • – D 1 : the amount of a refund or expense payment;

– s l : The period of time between the date of the first use of credit and the date of the return or expense payment, expressed in years and years.

Can I change or choose the payment date?

Normally, the signature matches with the day, except for the loan slip. In this way, the payment date can be selected. Once the loan is formalized, it is not possible to change the date of payment (or even a quiet loan).

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