Borrowing a loan in the amount of €6,000 at an annual percentage rate 13% for a period of 5 years with a monthly instalment of €148.52, will have the annual percentage rate 20.07%. The total amount payable during the loan period is €9,116.11, including €2,191.11 as interest and €720 as contract administration fee. The contract fee €180 and ZenFund payment €25 will be collected immediately at the loan reimbursement. The total credit costs for the loan period are €3,116.11. Eventual loan conditions offered depend on your personal circumstances. Before using the service please read the loan guide, user agreement and general terms and conditions of our financial services. If necessary please consult with a financial expert.
Please keep in mind that although MoneyZen investors have earned an average return greater than 15% after the paid fees and bad debts write-off using MoneyZen’s lending platform, the invested capital remains at a high risk. Earning the return on investment through lending money via MoneyZen poses the risk of losing the invested capital partially or entirely. MoneyZen seeks to earn an average return of 12% p.a. on invested capital (after the paid fees and bad debts write-offs). The ZenFund offered by MoneyZen may compensate you the principal of a bad debt. Before using the service please read the investment guide, user agreement and general terms and conditions of our financial services. If necessary please consult with a financial expert.