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Loan consolidation to one: when not paying off

Although consolidation for most debtors is an effective solution to their concerns, it has some pitfalls. Everyone has to consider for themselves whether the combination of loans will pay off. What are the negative consequences of merging loans? Banks report a dramatic increase in interest in merging loans. Repayment of liabilities by a new loan pulls the heel off the …


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Bank loan with APR from 5.9% – calculator

A loan of CZK 100,000, with a maturity of 60 months and an annual fixed interest rate of 4.8% pa, has a monthly payment of CZK 1,878. Credit processing fee: 0 CZK. Management fee: 0 CZK. The APR is 4.9% and the total amount payable by the consumer is CZK 112,680. Insurance is not compulsory and premium payments are not …