22.06.2005
MilleKredyt Lato in Bank Millennium
From 22 June until 21 September 2005 i.e. during the entire calendar summer season customers of Bank Millennium will have the availability of MilleKredyt Lato.
This is consumer credit for private individuals for financing their current needs. the interest on the credit is fixed at 12%. APR is 17% given the following: credit amount PLN 8,000, credit period 12 months. Maximum credit period is 24 months.
MilleKredyt Lato can be used for any purpose, not only for the perfect holidays or purchase of sports gear but also e.g. to have the house redone or to buy audio/ video equipment or household appliances. The loan is the most convenient form of providing additional financing of current needs. The minimum loan amount is PLN 500 and its ceiling is decided on a case-by-case basis, depending on the customer's needs and assessment of credit capacity.
With MilleKredyt Lato the customer can adjust the method of payment of the loan to his own preference – choosing equal or falling payments or to make early payment of all or part of the loan. A loan approval fee of 2% of the loan amount and not less than PLN 50 is charged. MilleKredyt Lato is granted in PLN. One can apply for it in any Millennium branch.