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Կայքը գտնվում է վերափոխման փուլում
MORTGAGE LOANS WITHIN THE NATIONAL MORTGAGE COMPANY PROGRAM
10․5% 60.000.000 ֏ 240 months Not required
Nominal interest Loan Loan Early loan
rate /annual/ amount Loan term repayment penalty
updated 20-12-2021, 15:00
|
AMD |
|||
|
Loan term |
120-240 months |
||
|
Annual nominal interest rate of the loan
|
Up to 35 million
|
|
|
|
Annual percentage rate of the loan |
10.70% - 15.60% |
10.90% - 17.50% |
|
|
! For employees of "Fast Credit Capital" UCO CJSC and the organizations affiliated with it, the rate is 1 percentage point lower than the annual nominal interest rate set for this type of loan. |
|||
|
Loan amount |
AMD 1 000 000 – 60 000 000
|
||
|
Loan disbursement fee |
Not required |
||
|
Late loan principal fee |
0.1% daily |
||
|
Late interest fee |
0.13% daily |
||
|
Loan early repayment |
The borrower has the right to make an early repayment of the loan: fully or partially Early repayment penalty is not applied
|
||
|
! Before signing the agreement, the Organization will provide you with an individual leaflet on the essential terms of the mortgage loan, where the essential terms of the loan to be provided will be presented.
|
|||
|
Pledged asset |
|
||
|
Loan/Pledge maximum value |
· 70% of the appraised market value of the property · Or 90%, if: 1․additional residential real property is pledged, and the Loan amount can't be more than 70% of the total real property value or 2․ there is liability insurance amounting to the difference between 30% of the appraised market value of the purchased residential real property and 10 or more percent of the prepayment made by the Borrower Or 92.5% up to 35 million for unmarried borrowers under 30 if the property is purchased from the constructer, if: 1․ additional residential real property is pledged, and the Loan amount can't be more than 70% of the total real property value or 2․ there is liability insurance amounting to the difference between 30% of the appraised market value of the purchased residential real property and 7.5 or more percent of the prepayment made by the Borrower
|
||
|
Pledge appraisal |
The pledge is subject to appraisal by an independent property appraisal agency cooperating with the Organization. |
||
|
Guarantee |
Natural person/Legal entity (required if necessary) |
||
|
Insurance |
· Real property insuarance: Purchased/Under construction/Renovated · Borrower’s accident insurance ! Insurance is provided in the amount of the loan balance in favor of the Organization for the entire period of the Loan validity.
|
||
|
Borrower |
RA citizen resident natural person aged 18-65 |
||
|
Repayment method |
Annuity /equated monthly installments to pay off the principal and interest/ |
||
|
Introduction 1. In order to use the services provided within the framework of these tariffs, the Borrower shall pay the following amount for the services provided by the third parties mentioned below: ü Certificate on real estate restrictions - 10,000 AMD, ü Fee of state registration of rights - 26,000 - 52,000 AMD, ü Fee of notarial ratification of contract - 12,000-30,000 AMD, ü Real estate insurance fee in relation to 0.15% -0.18% of the loan balance, ü Accident insurance fee in relation to 0.15% -0.18% of the loan balance, ü Insurance fee for outstanding prepayment amount (OPA) in relation to 2%-3% of actual balance of OPA/ valid until full repayment of OPA/ ü Pledged property assessment fee - 15,000-25,000 AMD. 2. Regardless of the third party fee rates mentioned in these terms, the fees for the services provided by the latter may change. 3. Loan interest is calculated on the active (non-overdue) balance of the loan, based on the calculation of 365 days a year. 4. The loan is provided in cash, non-cash, in lump sum in case of purchase from the secondary market, and it can be provided in installments / tranches in case of purchase from the primary market, moreover the last stage of the loan in installments must be provided in case of 80% and above completion degree of real estate. 5. The list of required documents, as well as the list of insurance companies and independent assessors cooperating with the Organization are defined in separate Annexes. 6. The loan is provided at the Head Office of the Organization, "Shrjanayin", "Avan", "Davtashen", "Komitas", "Erebuni", "Harav-Arevmtyan", "Armavir", "Artashat", "Masis", "Goris", "Gyumri", " Vanadzor "," Abovyan "," Hrazdan "," Echmiadzin "," Martuni "," Ijevan " , " Artik" branches. 7. The factors for making a positive loan decision are the following: § Compliance of the Borrower, Pledge and Guarantor (if any) with the requirements set forth in this document § The borrower shall have no overdue liabilities as of the application submission date and shall be classified as "Standard" § The sum of overdue liabilities during the 12 months preceding the time of application shall not exceed 30 days. 8. The factors for loan rejection are the following: ü Non-compliance of the Borrower and/or Pledge and/or the Guarantor (if any) with the requirements set forth in this document 9. Making a decision on the loan application after submitting the required documents, informing the borrower within 5 working days. 10. Provision of loan within up to 2 working days after submitting all required documents. 11. As a rule, any amount deposited for the purpose of loan repayment is directed by the Organization to the repayment of the amounts to be paid to the Organization by the Customer by virtue of loan agreement at the time of depositing, including penalties, service fees, interest, Loan amount repayment. The organization has the right to define a different order of amounts to be paid in the contract with the Customer. 12. In case of early repayment of the loan by the Customer, the loan interest amounts and the service fees, if any, are proportionally reduced if the latter is accrued on a daily basis, while the payments made to third parties are not subject to reduction. 13. Tariffs for non-financial services, including terms of provision of statements, copies of contracts and other information are published on the official website of the Organization: www.fastcredit.am, as well as posted in the places of business of the Organization. 14. WARNING: IF THE INTEREST AMOUNTS, LOAN AMOUNT, SERVICE FEES ARE NOT PAID IN TIME THE PLEDGED PROPERTY CAN BE CONFISCATED BY THE PROCEDURE ESTABLISHED BY LAW. 15. ATTENTION: IN CASE OF NOT FULFILLMENT OR INCOMPLETE FULFILLMENT OF THE OBLIGATIONS BY YOU, THE ORGANIZATION SENDS THOSE DATA TO THE CREDIT BUREAUWITHIN 3 WORKING DAYS WHERE YOUR CREDIT HISTORY IS FORMED. YOU HAVE THE RIGHT TO GET YOUR CREDIT HISTORY FROM THE CREDIT BUREAU FREE OF CHARGE ONCE EVERY YEAR. ATTENTION: BAD CREDIT HISTORY MAY HINDER RECEIVING A LOAN IN THE FUTURE. 16. ATTENTION: LOAN INTEREST AMOUNTS ARE CALCULATED BASED ON THE NOMINAL INTEREST RATE, WHILE THE ACTUAL ANNUAL INTEREST RATE SHOWS HOW MUCH THE LOAN, INTEREST AMOUNT AND OTHER PAYMENTS WILL COST IN CASE OF PAYING IN THE ESTABLISHED TIME AND AMOUNT. ACTUAL ANNUAL INTEREST RATE CALCULATION PROCEDURE IS POSTED ON THE OFFICIAL WEBSITE OF THE ORGANIZATION (www.fastcredit.am). 17. ATTENTION: YOU HAVE THE RIGHT TO COMMUNICATE WITH THE FINANCIAL ORGANIZATION IN THE MANNER PREFERRED BY YOU BY MAIL OR ELECTRONICALLY. GETTING INFORMATION ELECTRONICALLY IS THE MOST CONVENIENT. IT IS AVAILABLE 24/7, IS FREE OF RISK OF LOSS OF PAPER INFORMATION AND ENSURES PRIVACY. 18. ATTENTION: YOUR "FINANCIAL DIRECOTRY" IS AN ELECTRONIC SYSTEM THAT MAKES IT EASIER FOR YOU TO SEARCH AND COMPARE SERVICES PROVIDED TO NATURAL PERSONS AND CHOOSE THE MOST EFFECTIVE OPTION FOR YOU. |
MORTGAGE LOANS WITHIN THE NATIONAL MORTGAGE COMPANY PROGRAM
10․5%
Nominal interest rate /annual/
60.000.000 Դ
Loan amount
240 months
Loan term
Not required
Early loan repayment penalty
updated 20-12-2021, 15:00
|
AMD |
|||
|
Loan term |
120-240 months |
||
|
Annual nominal interest rate of the loan
|
Up to 35 million
|
|
|
|
Annual percentage rate of the loan |
10.70% - 15.60% |
10.90% - 17.50% |
|
|
! For employees of "Fast Credit Capital" UCO CJSC and the organizations affiliated with it, the rate is 1 percentage point lower than the annual nominal interest rate set for this type of loan. |
|||
|
Loan amount |
AMD 1 000 000 – 60 000 000
|
||
|
Loan disbursement fee |
Not required |
||
|
Late loan principal fee |
0.1% daily |
||
|
Late interest fee |
0.13% daily |
||
|
Loan early repayment |
The borrower has the right to make an early repayment of the loan: fully or partially Early repayment penalty is not applied
|
||
|
! Before signing the agreement, the Organization will provide you with an individual leaflet on the essential terms of the mortgage loan, where the essential terms of the loan to be provided will be presented.
|
|||
|
Pledged asset |
|
||
|
Loan/Pledge maximum value |
· 70% of the appraised market value of the property · Or 90%, if: 1․additional residential real property is pledged, and the Loan amount can't be more than 70% of the total real property value or 2․ there is liability insurance amounting to the difference between 30% of the appraised market value of the purchased residential real property and 10 or more percent of the prepayment made by the Borrower Or 92.5% up to 35 million for unmarried borrowers under 30 if the property is purchased from the constructer, if: 1․ additional residential real property is pledged, and the Loan amount can't be more than 70% of the total real property value or 2․ there is liability insurance amounting to the difference between 30% of the appraised market value of the purchased residential real property and 7.5 or more percent of the prepayment made by the Borrower
|
||
|
Pledge appraisal |
The pledge is subject to appraisal by an independent property appraisal agency cooperating with the Organization. |
||
|
Guarantee |
Natural person/Legal entity (required if necessary) |
||
|
Insurance |
· Real property insuarance: Purchased/Under construction/Renovated · Borrower’s accident insurance ! Insurance is provided in the amount of the loan balance in favor of the Organization for the entire period of the Loan validity.
|
||
|
Borrower |
RA citizen resident natural person aged 18-65 |
||
|
Repayment method |
Annuity /equated monthly installments to pay off the principal and interest/ |
||
|
Introduction 1. In order to use the services provided within the framework of these tariffs, the Borrower shall pay the following amount for the services provided by the third parties mentioned below: ü Certificate on real estate restrictions - 10,000 AMD, ü Fee of state registration of rights - 26,000 - 52,000 AMD, ü Fee of notarial ratification of contract - 12,000-30,000 AMD, ü Real estate insurance fee in relation to 0.15% -0.18% of the loan balance, ü Accident insurance fee in relation to 0.15% -0.18% of the loan balance, ü Insurance fee for outstanding prepayment amount (OPA) in relation to 2%-3% of actual balance of OPA/ valid until full repayment of OPA/ ü Pledged property assessment fee - 15,000-25,000 AMD. 2. Regardless of the third party fee rates mentioned in these terms, the fees for the services provided by the latter may change. 3. Loan interest is calculated on the active (non-overdue) balance of the loan, based on the calculation of 365 days a year. 4. The loan is provided in cash, non-cash, in lump sum in case of purchase from the secondary market, and it can be provided in installments / tranches in case of purchase from the primary market, moreover the last stage of the loan in installments must be provided in case of 80% and above completion degree of real estate. 5. The list of required documents, as well as the list of insurance companies and independent assessors cooperating with the Organization are defined in separate Annexes. 6. The loan is provided at the Head Office of the Organization, "Shrjanayin", "Avan", "Davtashen", "Komitas", "Erebuni", "Harav-Arevmtyan", "Armavir", "Artashat", "Masis", "Goris", "Gyumri", " Vanadzor "," Abovyan "," Hrazdan "," Echmiadzin "," Martuni "," Ijevan " , " Artik" branches. 7. The factors for making a positive loan decision are the following: § Compliance of the Borrower, Pledge and Guarantor (if any) with the requirements set forth in this document § The borrower shall have no overdue liabilities as of the application submission date and shall be classified as "Standard" § The sum of overdue liabilities during the 12 months preceding the time of application shall not exceed 30 days. 8. The factors for loan rejection are the following: ü Non-compliance of the Borrower and/or Pledge and/or the Guarantor (if any) with the requirements set forth in this document 9. Making a decision on the loan application after submitting the required documents, informing the borrower within 5 working days. 10. Provision of loan within up to 2 working days after submitting all required documents. 11. As a rule, any amount deposited for the purpose of loan repayment is directed by the Organization to the repayment of the amounts to be paid to the Organization by the Customer by virtue of loan agreement at the time of depositing, including penalties, service fees, interest, Loan amount repayment. The organization has the right to define a different order of amounts to be paid in the contract with the Customer. 12. In case of early repayment of the loan by the Customer, the loan interest amounts and the service fees, if any, are proportionally reduced if the latter is accrued on a daily basis, while the payments made to third parties are not subject to reduction. 13. Tariffs for non-financial services, including terms of provision of statements, copies of contracts and other information are published on the official website of the Organization: www.fastcredit.am, as well as posted in the places of business of the Organization. 14. WARNING: IF THE INTEREST AMOUNTS, LOAN AMOUNT, SERVICE FEES ARE NOT PAID IN TIME THE PLEDGED PROPERTY CAN BE CONFISCATED BY THE PROCEDURE ESTABLISHED BY LAW. 15. ATTENTION: IN CASE OF NOT FULFILLMENT OR INCOMPLETE FULFILLMENT OF THE OBLIGATIONS BY YOU, THE ORGANIZATION SENDS THOSE DATA TO THE CREDIT BUREAUWITHIN 3 WORKING DAYS WHERE YOUR CREDIT HISTORY IS FORMED. YOU HAVE THE RIGHT TO GET YOUR CREDIT HISTORY FROM THE CREDIT BUREAU FREE OF CHARGE ONCE EVERY YEAR. ATTENTION: BAD CREDIT HISTORY MAY HINDER RECEIVING A LOAN IN THE FUTURE. 16. ATTENTION: LOAN INTEREST AMOUNTS ARE CALCULATED BASED ON THE NOMINAL INTEREST RATE, WHILE THE ACTUAL ANNUAL INTEREST RATE SHOWS HOW MUCH THE LOAN, INTEREST AMOUNT AND OTHER PAYMENTS WILL COST IN CASE OF PAYING IN THE ESTABLISHED TIME AND AMOUNT. ACTUAL ANNUAL INTEREST RATE CALCULATION PROCEDURE IS POSTED ON THE OFFICIAL WEBSITE OF THE ORGANIZATION (www.fastcredit.am). 17. ATTENTION: YOU HAVE THE RIGHT TO COMMUNICATE WITH THE FINANCIAL ORGANIZATION IN THE MANNER PREFERRED BY YOU BY MAIL OR ELECTRONICALLY. GETTING INFORMATION ELECTRONICALLY IS THE MOST CONVENIENT. IT IS AVAILABLE 24/7, IS FREE OF RISK OF LOSS OF PAPER INFORMATION AND ENSURES PRIVACY. 18. ATTENTION: YOUR "FINANCIAL DIRECOTRY" IS AN ELECTRONIC SYSTEM THAT MAKES IT EASIER FOR YOU TO SEARCH AND COMPARE SERVICES PROVIDED TO NATURAL PERSONS AND CHOOSE THE MOST EFFECTIVE OPTION FOR YOU. |
MORTGAGE LOANS
11% 800.000 $ 120 months Not required
Nominal interest Loan Loan Early loan
rate /annual/ amount term repayment penalty
updated 07-05-2022, 09:00
|
Loan currency |
USD |
|
|
Loan term |
36-120* months
*By the decision of the Credit Committee, the loan may be approved for a shorter period than the specified minimum period |
|
|
Annual nominal interest rate of the loan |
12% (fixed): 4 000-99 999** USD 11% (fixed): 100 000-800 000 USD
**By the decision of the Credit Committee, the loan may be approved for less than the specified minimum amount |
|
|
Annual percentage rate of the loan |
12.50% - 14.90% 11.40% - 11.60% |
|
|
Loan disbursement fee / lump sum/ |
Not required |
|
|
Loan service monthly fees |
Not required |
|
|
Loan amount |
4 000 – 800 000 USD |
|
|
Late loan principal fee |
0.1% daily |
|
|
Late interest fee |
0.13% daily |
|
|
Loan early repayment |
· The borrower has the right to make an early repayment of the loan: fully or partially · Early repayment penalty is not applied |
|
|
! Before signing the agreement, the Organization will provide you with an individual leaflet on the essential terms of the mortgage loan, where the essential terms of the loan to be provided will be presented.
|
||
|
Pledged asset |
|
|
|
Loan to collateral value maximum ratio |
Maximum up to 70% of liquid value of collateral |
|
|
Pledge appraisal |
· The pledge is subject to appraisal by an independent property appraisal agency cooperating with the Organization and / or an employee of the Organization. The evaluation is carried out by the employee of the organization free of charge. |
|
|
Borrower |
RA citizen resident natural person aged 18-65 |
|
|
Guarantee |
Natural person/Legal entity (required if necessary) |
|
|
Borrower |
RA citizen resident natural person aged 18-65 |
|
|
Repayment method |
Annuity /equated monthly installments to pay off the principal and interest/ |
|
|
Introduction 1. In order to use the services provided within the framework of these tariffs, the Borrower shall pay the following amount for the services provided by the third parties mentioned below: ü Certificate on real estate restrictions - 10,000 AMD, ü Fee of state registration of rights - 26,000 ü Fee of notarial ratification of contract - 16,000-20,000 AMD, 2. Regardless of the third party fee rates mentioned in these terms, the fees for the services provided by the latter may change. 3. Loan interest is calculated on the active (non-overdue) balance of the loan, based on the calculation of 365 days a year. 4. The loan is provided in cash, non-cash, in lump sum. 5. The list of required documents, as well as the list of insurance companies and independent assessors cooperating with the Organization are defined in separate Annexes. 6. The loan is provided at the Head Office of the Organization, "Shrjanayin", "Avan", "Davtashen", "Komitas", "Erebuni", "Arav-Arevmtyan", "Armavir", "Artashat", "Masis", "Goris", "Gyumri", " Vanadzor "," Abovyan "," Hrazdan "," Echmiadzin "," Martuni "," Ijevan " , " Artik" branches. 7. The factors for making a positive loan decision are the following: § Compliance of the Borrower, Pledge and Guarantor (if any) with the requirements set forth in this document § The borrower shall have no overdue liabilities as of the application submission date and shall The sum of overdue liabilities during the 12 months preceding the time of application shall not exceed 60 days. 8. The factors for loan rejection are the following: ü Non-compliance of the Borrower and/or Pledge and/or the Guarantor (if any) with the requirements set forth in this document 9. Making a decision on the loan application after submitting the required documents, informing the borrower within 5 working days. 10. Provision of loan within up to 2 working days after submitting all required documents. 11. As a rule, any amount deposited for the purpose of loan repayment is directed by the Organization to the repayment of the amounts to be paid to the Organization by the Customer by virtue of loan agreement at the time of depositing, including penalties, service fees, interest, Loan amount repayment. The organization has the right to define a different order of amounts to be paid in the contract with the Customer. 12. Changes in foreign exchange rates can affect loan repayments as well as the actual annual interest rate. 13. The basis for calculating the interest rates on foreign currency loans (if available, service fees, fines, penalties), as well as the actual annual interest rate, is the current exchange rate set by the Central Bank of the Republic of Armenia. 14. In case of early repayment of the loan by the Customer, the loan interest amounts and the service fees, if any, are proportionally reduced if the latter is accrued on a daily basis, while the payments made to third parties are not subject to reduction. 15. Tariffs for non-financial services, including terms of provision of statements, copies of contracts and other information are published on the official website of the Organization: www.fastcredit.am, as well as posted in the places of business of the Organization. 16. WARNING: IF THE INTEREST AMOUNTS, LOAN AMOUNT, SERVICE FEES ARE NOT PAID IN TIME THE PLEDGED PROPERTY CAN BE CONFISCATED BY THE PROCEDURE ESTABLISHED BY LAW. 17. ATTENTION: IN CASE OF NOT FULFILLMENT OR INCOMPLETE FULFILLMENT OF THE OBLIGATIONS BY YOU, THE ORGANIZATION SENDS THOSE DATA TO THE CREDIT BUREAUWITHIN 3 WORKING DAYS WHERE YOUR CREDIT HISTORY IS FORMED. YOU HAVE THE RIGHT TO GET YOUR CREDIT HISTORY FROM THE CREDIT BUREAU FREE OF CHARGE ONCE EVERY YEAR. ATTENTION: BAD CREDIT HISTORY MAY HINDER RECEIVING A LOAN IN THE FUTURE. 18. ATTENTION: LOAN INTEREST AMOUNTS ARE CALCULATED BASED ON THE NOMINAL INTEREST RATE, WHILE THE ACTUAL ANNUAL INTEREST RATE SHOWS HOW MUCH THE LOAN, INTEREST AMOUNT AND OTHER PAYMENTS WILL COST IN CASE OF PAYING IN THE ESTABLISHED TIME AND AMOUNT. ACTUAL ANNUAL INTEREST RATE CALCULATION PROCEDURE IS POSTED ON THE OFFICIAL WEBSITE OF THE ORGANIZATION (www.fastcredit.am). 19. ATTENTION: YOU HAVE THE RIGHT TO COMMUNICATE WITH THE FINANCIAL ORGANIZATION IN THE MANNER PREFERRED BY YOU BY MAIL OR ELECTRONICALLY. GETTING INFORMATION ELECTRONICALLY IS THE MOST CONVENIENT. IT IS AVAILABLE 24/7, IS FREE OF RISK OF LOSS OF PAPER INFORMATION AND ENSURES PRIVACY. 20. ATTENTION: YOUR "FINANCIAL DIRECOTRY" IS AN ELECTRONIC SYSTEM THAT MAKES IT EASIER FOR YOU TO SEARCH AND COMPARE SERVICES PROVIDED TO NATURAL PERSONS AND CHOOSE THE MOST EFFECTIVE OPTION FOR YOU. |
MORTGAGE LOANS
11%
Nominal interest rate /annual/
800.000 $
Loan amount
240 months
Loan term
Not required
Early loan repayment penalty
updated 07-05-2022, 09:00
|
Loan currency |
USD |
|
|
Loan term |
36-120* months
*By the decision of the Credit Committee, the loan may be approved for a shorter period than the specified minimum period |
|
|
Annual nominal interest rate of the loan |
12% (fixed): 4 000-99 999** USD 11% (fixed): 100 000-800 000 USD
**By the decision of the Credit Committee, the loan may be approved for less than the specified minimum amount |
|
|
Annual percentage rate of the loan |
12.50% - 14.90% 11.40% - 11.60% |
|
|
Loan disbursement fee / lump sum/ |
Not required |
|
|
Loan service monthly fees |
Not required |
|
|
Loan amount |
4 000 – 800 000 USD |
|
|
Late loan principal fee |
0.1% daily |
|
|
Late interest fee |
0.13% daily |
|
|
Loan early repayment |
· The borrower has the right to make an early repayment of the loan: fully or partially · Early repayment penalty is not applied |
|
|
! Before signing the agreement, the Organization will provide you with an individual leaflet on the essential terms of the mortgage loan, where the essential terms of the loan to be provided will be presented.
|
||
|
Pledged asset |
|
|
|
Loan to collateral value maximum ratio |
Maximum up to 70% of liquid value of collateral |
|
|
Pledge appraisal |
· The pledge is subject to appraisal by an independent property appraisal agency cooperating with the Organization and / or an employee of the Organization. The evaluation is carried out by the employee of the organization free of charge. |
|
|
Borrower |
RA citizen resident natural person aged 18-65 |
|
|
Guarantee |
Natural person/Legal entity (required if necessary) |
|
|
Borrower |
RA citizen resident natural person aged 18-65 |
|
|
Repayment method |
Annuity /equated monthly installments to pay off the principal and interest/ |
|
|
Introduction 1. In order to use the services provided within the framework of these tariffs, the Borrower shall pay the following amount for the services provided by the third parties mentioned below: ü Certificate on real estate restrictions - 10,000 AMD, ü Fee of state registration of rights - 26,000 ü Fee of notarial ratification of contract - 16,000-20,000 AMD, 2. Regardless of the third party fee rates mentioned in these terms, the fees for the services provided by the latter may change. 3. Loan interest is calculated on the active (non-overdue) balance of the loan, based on the calculation of 365 days a year. 4. The loan is provided in cash, non-cash, in lump sum. 5. The list of required documents, as well as the list of insurance companies and independent assessors cooperating with the Organization are defined in separate Annexes. 6. The loan is provided at the Head Office of the Organization, "Shrjanayin", "Avan", "Davtashen", "Komitas", "Erebuni", "Arav-Arevmtyan", "Armavir", "Artashat", "Masis", "Goris", "Gyumri", " Vanadzor "," Abovyan "," Hrazdan "," Echmiadzin "," Martuni "," Ijevan " , " Artik" branches. 7. The factors for making a positive loan decision are the following: § Compliance of the Borrower, Pledge and Guarantor (if any) with the requirements set forth in this document § The borrower shall have no overdue liabilities as of the application submission date and shall The sum of overdue liabilities during the 12 months preceding the time of application shall not exceed 60 days. 8. The factors for loan rejection are the following: ü Non-compliance of the Borrower and/or Pledge and/or the Guarantor (if any) with the requirements set forth in this document 9. Making a decision on the loan application after submitting the required documents, informing the borrower within 5 working days. 10. Provision of loan within up to 2 working days after submitting all required documents. 11. As a rule, any amount deposited for the purpose of loan repayment is directed by the Organization to the repayment of the amounts to be paid to the Organization by the Customer by virtue of loan agreement at the time of depositing, including penalties, service fees, interest, Loan amount repayment. The organization has the right to define a different order of amounts to be paid in the contract with the Customer. 12. Changes in foreign exchange rates can affect loan repayments as well as the actual annual interest rate. 13. The basis for calculating the interest rates on foreign currency loans (if available, service fees, fines, penalties), as well as the actual annual interest rate, is the current exchange rate set by the Central Bank of the Republic of Armenia. 14. In case of early repayment of the loan by the Customer, the loan interest amounts and the service fees, if any, are proportionally reduced if the latter is accrued on a daily basis, while the payments made to third parties are not subject to reduction. 15. Tariffs for non-financial services, including terms of provision of statements, copies of contracts and other information are published on the official website of the Organization: www.fastcredit.am, as well as posted in the places of business of the Organization. 16. WARNING: IF THE INTEREST AMOUNTS, LOAN AMOUNT, SERVICE FEES ARE NOT PAID IN TIME THE PLEDGED PROPERTY CAN BE CONFISCATED BY THE PROCEDURE ESTABLISHED BY LAW. 17. ATTENTION: IN CASE OF NOT FULFILLMENT OR INCOMPLETE FULFILLMENT OF THE OBLIGATIONS BY YOU, THE ORGANIZATION SENDS THOSE DATA TO THE CREDIT BUREAUWITHIN 3 WORKING DAYS WHERE YOUR CREDIT HISTORY IS FORMED. YOU HAVE THE RIGHT TO GET YOUR CREDIT HISTORY FROM THE CREDIT BUREAU FREE OF CHARGE ONCE EVERY YEAR. ATTENTION: BAD CREDIT HISTORY MAY HINDER RECEIVING A LOAN IN THE FUTURE. 18. ATTENTION: LOAN INTEREST AMOUNTS ARE CALCULATED BASED ON THE NOMINAL INTEREST RATE, WHILE THE ACTUAL ANNUAL INTEREST RATE SHOWS HOW MUCH THE LOAN, INTEREST AMOUNT AND OTHER PAYMENTS WILL COST IN CASE OF PAYING IN THE ESTABLISHED TIME AND AMOUNT. ACTUAL ANNUAL INTEREST RATE CALCULATION PROCEDURE IS POSTED ON THE OFFICIAL WEBSITE OF THE ORGANIZATION (www.fastcredit.am). 19. ATTENTION: YOU HAVE THE RIGHT TO COMMUNICATE WITH THE FINANCIAL ORGANIZATION IN THE MANNER PREFERRED BY YOU BY MAIL OR ELECTRONICALLY. GETTING INFORMATION ELECTRONICALLY IS THE MOST CONVENIENT. IT IS AVAILABLE 24/7, IS FREE OF RISK OF LOSS OF PAPER INFORMATION AND ENSURES PRIVACY. 20. ATTENTION: YOUR "FINANCIAL DIRECOTRY" IS AN ELECTRONIC SYSTEM THAT MAKES IT EASIER FOR YOU TO SEARCH AND COMPARE SERVICES PROVIDED TO NATURAL PERSONS AND CHOOSE THE MOST EFFECTIVE OPTION FOR YOU. |
updated on 07/05/2022, 09:00