Press news


12.12.2005

MilleKredyt ZIMA cheapest on the market

MilleKredyt Zima is the cheapest consumer loan according to a ranking prepared by the Polish edition of the Business Week magazine. The offer of 12 banks was compared as regards their quick short-term loans. MilleKredyt Zima remains available from Bank Millennium until 31 January 2006.

MilleKredyt Zima is granted without sureties and under very good terms. The advantage of MilleKredyt ZIMA is its transparency – apart from the interest and a preparation fee the Customer pays no other costs. The interest rate is fixed starting with only 9.90% and the preparation fee is a mere 2% of the loan amount. Additionally Customers who take the MilleKredyt ZIMA loan will have their current account with Bank Millennium maintained for free during the entire loan period. The minimum loan amount is PLN 500. APR is 14.64% with following assumptions: loan amount PLN 3000, loan period 12 months.
 
MilleKredyt ZIMA may be used for any purpose, e.g.: purchase of Christmas presents, a winter vacation, house renovation, purchase of household appliances or consumer electronics or a new or second-hand car.
 
The loan is available up to PLN 50,000 without sureties and collateral. There is no upper limit on the loan amount – it is determined on a case-by-case basis depending on assessment of the Customer's credit capacity. Choosing MilleKredyt ZIMA the Customer may at any point decide to make early payment of all or part of the loan – without incurring any additional costs. The credit application may be submitted in any outlet of Millennium.