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What is the difference between variable interest and fixed interest?

➤⠀the fixed interest rate is set at the signing of the loan contracts and cannot be changed for the entire financing period. 📁

➤⠀on the other hand, the variable interest rate consists of an index (whether it be IRCC, ROBOR, EURIBOR or LIBOR) depending on the currency and type creditului to which is added a fixed margin.  

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