What is a "debtor"?
The debtor (or borrower) is the one who participates with the net income in establishing the total net income considered for granting a loan and ...
Can I refinance my company's current loans from another bank through BT?
Yes! It is possible if their guarantees become accessory to:➤⠀the analyzed credit; ➤⠀or to another BT credit.
How is the variable interest rate calculated?
This is calculated based on the reference index IRCC / ROBOR / EURIBOR / LIBOR + the bank's fixed margin. 😮The interest is calculated on the balance ...
What are the benefits of increasing the line of credit?
You have a lot of benefits. 😃 Pay attention: you don't have to come to the bank anymore, you get the increase directly from BT Payyou use the card and the increased credit directly from ...
What is the maximum age for accessing a loan if the recorded income is from salaries?
You can apply for a loan with income from salaries on the condition that you are not over 65 years old at the end of the loan. If you are thinking about taking a loan, you can ...
What other saving options are there besides deposits or savings accounts?
Knowing other saving products besides classic deposits is the key to smart saving. Unfortunately, Romania is among the last ...
Why are interest rates correlated with ROBOR?
It is simple: it was the decision of the Romanian State, which in 2010 legislated through Emergency Ordinance 50 (EO 50) the conditions under which loans can be granted. 🙂Thus, ...
Who is the "guarantor"?
The guarantor is the owner of the property brought as collateral or the one who guarantees, with the income received, the granting of a loan. 😮❗⠀If you ...
What does "bank margin" mean?
Bank margin is a component part of the loan interest which is set as a fixed percentage throughout the contract period. 📑❗⠀If you are thinking of taking ...
What does the “variable interest rate” on loans represent?
Annual variable interest rate on loans is expressed as a percentage and consists of:➤⠀reference index IRCC / ROBOR / EURIBOR / LIBOR;➤⠀and ...
Can I also get an additional amount when refinancing a personal loan?
Yes - if you meet the eligibility criteria, and your income and debt level allow it, you can refinance the current loan and obtain money in ...
If I am both an employee and a pensioner, can both incomes be taken into account for granting a loan?
If you want a loan at BT, you will have to opt only for a certain type of income, either income from salary, or from pensions.You can calculate the monthly installments online ...
