French Loan
Unforeseen financial flows?
You have 4 options to control the course of your loan *.
Monthly repayement amount revision
You have 4 options to control the course of your loan *.
Monthly repayement amount revision
Principle:
At your request, SGB Finance adjusts your monthly payments upwards or downwards..
Advantages:
Your repayments area adjusted inline with changes in your income.
At your request, SGB Finance adjusts your monthly payments upwards or downwards..
Advantages:
Your repayments area adjusted inline with changes in your income.
Partial loan repayement
Principle:
You make a one-off payment, SGB Finance readjusts the term of your loan and maintains your initial repayment amount or maintains the initial term and reduces your monthly payments.
Advantages:
You reduce the total cost of your loan
You make a one-off payment, SGB Finance readjusts the term of your loan and maintains your initial repayment amount or maintains the initial term and reduces your monthly payments.
Advantages:
You reduce the total cost of your loan
Defered term*
Principle:
You want to take a break in your repayments, SGB Finance can defer the payment of a monthly term to the end of the contract..
Advantages:
You can face an unforeseen event.
You want to take a break in your repayments, SGB Finance can defer the payment of a monthly term to the end of the contract..
Advantages:
You can face an unforeseen event.
Change in the standing order date
Principle:
With a simple phone call, SGB Finance changes the date of the standing order for your monthly repayment.
Advantages:
You adjust the date of the standing order to coincide with the arrival of money in your account.
*Subject to acceptance by SGB Finance and at the rate applicable on the date of request.
With a simple phone call, SGB Finance changes the date of the standing order for your monthly repayment.
Advantages:
You adjust the date of the standing order to coincide with the arrival of money in your account.
*Subject to acceptance by SGB Finance and at the rate applicable on the date of request.
Example:
Loan as at first march of march 2006 - Purchase of a new boat
| Loan amount | 10 000 EUR |
| 36 monthly payments of 303.07 EUR (without optional insurance) | |
| Total cost of loan: 1 010.52 EUR - Fixed APR : 5.90% | |
File fees amount are 1 % of the amount of the loan and are included in the first payment.
