If I pay off my arrears will I be removed from the Credit Bureau list?
Payment of arrears does not automatically lead to the deletion of information from the Credit Bureau. 🙁These informations will be kept further in the database, for ...
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, ...
Is the Prima Casă loan calculated based on the IRCC or Robor index?
The Prima Casă loan is linked to the IRCC index. 🙂 IRCC is the reference index for variable interest rate loans granted in LEI and which, ...
How can a line of credit help me?
A line of credit can help you out when you need extra money for your business, maybe for:➤⠀paying salaries;➤⠀paying ...
If we don't have a company, we are PFA (two entities), could we take a BT Mic loan?
At BT Mic, we can finance any form of legal organization, including PFA entities. 😉 We take into account the income you have earned regardless of the type ...
What does "foreign exchange risk coverage" mean?
A legal entity is naturally covered against currency risk if the level of monthly income in the currency of the loan (or indexed to the currency of the loan) ...
How is the IRCC index calculated?
The reference index for loans granted in lei with variable interest rate is published every working day on the website of the National Bank of Romania. ...
What does "24-month grace period" mean in a housing construction loan?
The 24-month grace period refers to the time interval during which you do not pay the installment. 🙅 The only payments you make during this period are ...
What is the total cost of the loan?
Main components of the cost of a loan are: ➤⠀fees;➤⠀interest;➤⠀commissions. ❗⠀In addition to these, other types of costs may also appear that ...
What is the down payment a client must have in the case of the New Home loan?
Below you will find details regarding the homes that can be purchased through the New Home program and the required down payment:❶⠀All categories of homes ...
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 ...
How do I find out if I will be able to pay the installments once I take the loan?
And we, like you, want to make sure that the decision to take out a loan is made responsibly. 😇 That is why, with your consent, we will carry out all ...