Calculation for consumer credits issued after 1.9.2019.
Nordea's FlexiCredit is a one-off loan and its interest is the 3-month Euribor quoted on the first banking day of the month in which the credit application is signed + a margin of 8.0%. With a nominal interest of 7.67% and a 72-month loan period, the annual percentage rate of charge on a FlexiCredit of 5,000 euros is 13.5% (September 2019).
The total sum of the credit and credit costs is 7,167 euros and the number of loan payments is 72. The opening fee for the loan is 0 euros. The calculation includes a monthly account management fee of 12.50 euros in the case of automatic debiting.
FlexiCredit is provided under the normal credit terms and conditions by Nordea Finance Finland Ltd, Aleksis Kiven katu 9, Helsinki, FI-00020 NORDEA.