Cost example: For Idea::shopping card with a loan limit of 5,367 lei, the interest is 17%/year in the case of the monthly income transfer into an Idea::Bank account. The annual effective interest rate (DAE) is 18.39% over a 1 year period and the total payment is 5.861,21 lei. Values were calculated on the assumption that the loan limit is fully utilized by payments lower than 200 lei, immediately after the grant, and repaid in equal monthly installments. The calculation does not refer to the use of loan limit with interest-free installments.
Cost example: For a 5 years Idea::selfie loan of 30,000 lei, with 400 lei loan analysis fee, you can benefit of a minimum fixed interest of 10.4% (monthly installment 643 lei, APR 11.66%, total value to be paid 38,600 lei) up to a maximum fixed interest of 18% (monthly installment 762 lei, APR 20.42%, total value to be paid 45,708 lei). The fixed interest rate from 10.4% up to 18% varies according to your payment history and socio-demographic profile.