Loan Blue BBVA

Loan Blue BBVA

Loan Blue BBVA

With the Blue License Loan BBVA you can finance the enrollment of your university studies .

  • Fixed interest of 0% TIN (TAE 8.97%)
  • Up to € 6,000 and 9 months term
  • You can choose not to pay any fees during the first 6 months

I want to hire

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Requirements:

  • The holders of the loan must have an account in BBVA to settle the loan installments in it.
  • Applicant age less than 30 years at the time of application.

Purpose:

  • Tuition payment for your university or graduate studies.

Type of interest:

  • Fixed interest rate 0% TIN (TAE 8.97%).
  • You can choose not to pay fees during the first 6 months.
  • It is not necessary to pay payroll or pension to get this interest rate.
  • Concession subject to approval by BBVA.

Amount:

  • A minimum of € 3,000 and a maximum of € 6,000.

Term:

  • From 3 months to 9 months.
  • Period of lack of capital: up to the first 6 months of the loan.

Online loan commissions:

  • Opening commission: 3% on the amount contracted (minimum € 30).
  • Study commission: 0.50%.
  • Commission of partial or total cancellation, that is, if you cancel all or part of the loan before the end of the term: 0.5%.

How long can it be hired?

Offer valid until 07/31/2018.

  TIN 0% (TAE 8.97%)
Loan amount € 3,000
Total term 9 months
FFE Commission rtura 3% (minimum 30 €) € 90
Study commission (0.50%) € 15
Total € 3,105
Monthly fee € 333.33
  • You must use the financing in a responsible way to be able to face the fees and thus avoid possible surcharges in the form of commissions or interests.
  • In case of delays in the monthly payment of the fee, the corresponding interest for late payment will be applied.
  • Before signing the contract, you will receive the standardized European information on consumer credit.
  • Due to criteria of prudence and responsibility in granting loans , the bank may request intervention of the operation before a notary.

Glossary

  • Annual Equivalent Rate (APR): interest rate that indicates the cost or effective yield of a financial product. The APR is calculated according to a standardized mathematical formula that takes into account the nominal interest rate of the operation, the frequency of payments (monthly, quarterly, etc.), bank fees and some operating expenses.
  • Nominal Interest Rate (NIT): is a fixed percentage that is applied to the amount borrowed and that determines the fee to be paid to the financial institution.

 

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