Just what is a loan

Just what is a loan

First Ukrainian International Bank (FUIB) is amongst the leaders in customer financing. At the time of April 1, 2020, the financial institution is servicing 591,795 loan agreements. We realize that as a result of introduction of quarantine, a number of our consumers may have trouble in servicing their loan. To avoid this, since 6, FUIB has introduced loan repayment holidays for individuals who have valid loans for the purchase of goods or cash loans from FUIB april. Loan repayment vacations usually do not include increasing the genuine rate of interest and having to pay a payment for providing them.

Just exactly exactly What loans do loan payment vacations affect?

  • Loan repayment vacations use to cash loans or loans for the purchase of products that have been correctly serviced by borrowers before March 1, 2020
  • Loan repayment breaks connect with loans because of the remaining agreement term of 4 thirty days or much much much longer. Continue reading “Just what is a loan”