This rate can act a week.
The national Bank warned Ukrainians about the dangers of “the credit under 0%” and urged not to believe in the profitability of such conditions.
Very often they are long, and then change the high interest, fines and penalties. It is therefore essential to carefully read the contract and check all the terms of the loan. This was reported on the website of the NBU in Facebook.
“Never, no one will give money just like that. It is not a charitable organization. But there is the difficulty. If a person is self-signed the contract with such conditions, to protect his rights in this case, it is difficult. The only one who can help, – this court,” – said the head of the Department of consumer protection, the NBU Olga Labaychuk
Osobennosti loans “at 0%” – this bet can act a week. And then include fines, penalties, charges and extra interest. “You’ll be surprised at the citizens we have met the maximum rate on the loan – 1702% per annum,” – said Labaychuk.
Since January of this year, Ukraine has earned the protection of the rights of consumers of financial services. NBU started actively working with banks. From 1 September they will have to clearly specify the final amount of interest. Similar requirements are developed in financial companies.