Car loan
A car loan is an unsecured consumer loan intended for the purchase of a car or to cover expenses related to a means of transport. You can also use the loan to repair your car, buy tyres, get regular maintenance or buy a motorbike, boat, ATV or other vehicle.
Summa
1800 €
Periood
36 months
Monthly payment
65,99 €
Välja toodud arvutus on ligikaudne. Personaalsest krediidivõimekusest tingituna võivad laenutingimused erineda. Isiklik pakkumine edastatakse peale laenutaotluse esitamist.
Laenu tüüpnäide:
Laenates 1000 € 24 kuuks fikseeritud intressiga 21,52%, on kuumakse 54,64 € ja krediidikulukuse määr 36,91%. Laenu tagasimaksete summa on 1350,38 €. Maksimaalne krediidikulukuse määr on 52,08%. Tutvu kindlasti ka laenujuhise ja üldtingimustega ning vajadusel küsi nõu asjatundjalt.
Advantages of the MONEYZEN consumer loan
Compared to car leasing:
- you can register the car immediately in your own name
- no compulsory casco insurance
- no down payment obligation
- you can also cover the additional costs of buying a car (e.g. insurance, minor repairs, etc.)
The interest rate of the MONEYZEN renovation loan is determined by an automatic low bidding process among investors and can be therefore more favourable than similar offers from competitors.
We offer unsecured consumer loans of up to 10 000 € for up to 3 years.
TYPICAL LOAN EXAMPLE
Borrowing 1 000 € for 2 years at a fixed annual interest rate of 21,52% and a monthly payment of 54,64 €, the annual percentage rate is 36,91%. The total amount to be repaid over the entire duration of the loan is 1 350,38 €, of which 239,38 € is interest payments, 72 € loan management fee, 30 € contract fee and 9 € ZenFund payment. The contract fee and the ZenFund payment are payable immediately after the disbursement of the loan. The loan will cost 350,38 € over two years. The conditions offered to you depend on your individual situation, with a maximum annual percentage rate of 45,93%. Be sure to read the loan guide and the general conditions and, if necessary, ask an expert for advice.
Who can apply?
In case you need help to repay a high interest SMS loan or a quick loan, apply for a consumer loan on the MONEYZEN platform. Based on the loan application submitted, MONEYZEN will tailor a personalised loan offer just for you, based on the investors’ offers.
Suggestions before applying for a car loan
Compared to a quick loan taken to finance a car purchase, a car loan has a longer repayment period and does not carry the comprehensive insurance obligation that banks require for car leases, which can be a significant additional cost.
A car loan is a financial obligation that has to be repaid with interest and other borrowing costs. Carefully consider the borrowing process. Failure to pay the loan on time will increase your costs, as lenders charge both interest and penalties for late payments.
- Think through
Consider carefully if you really need a loan and in which amount. If you are able to save the necessary amount monthly, you can avoid loan costs.
- Compare offers
Investigate and compare the terms of several loan providers. So you can pick the best offer available. Remember to pay attention to the loan interest rate, annual percentage rate (APR) and what is the total repayment amount of the loan.
- Amont of income
All your loan repayments should not exceed 33 percent of your total monthly income. This will enable you to continue repayments during a short period of unemployment, sick leave or after an accident.
- Additional terms
Make sure that you have considered all additional terms and costs. Remember to examine all the loan terms and conditions written in small letters. Consult an expert if necessary to avoid additional obligations.