Alior Bank claims that it gives customers two proofs that they borrow at the lowest cost from this bank. What are these proofs?
Brygida Kokosińska: Alior Bank has combined the best features of a loan in one offer so that the customer can be certain they are borrowing at the lowest cost. The bank offers a loan with an interest rate of just 5%, as well as a guarantee of the lowest instalment throughout the repayment period!
What is more, the bank refunds all interest if the customer repays the loan within 6 months.
The loan is available to every customer with sufficient creditworthiness. This requirement can be met quite easily because, first, the bank accepts a very wide range of income sources, including a contract for a specific task, a contract of mandate, and even allowances earned by TIR drivers travelling on international routes. Second, thanks to the loan’s attractive interest rate and the possibility of spreading repayment over as many as 10 years, the instalments can be low, meaning that even someone with a relatively modest income—and therefore relatively limited creditworthiness—may obtain the loan. What else? A loan of up to PLN 150,000 can be obtained without guarantors. It can be taken out by as many as three unrelated people.
If you are not an Alior Bank customer, are you not automatically in a worse position when applying for a loan?
Brygida Kokosińska: You do not have to be an Alior Bank customer to receive a loan on the same terms. You do not even have to open an account with Alior Bank—an account statement from your own bank is sufficient. In addition, a loan of up to PLN 4,000 can be obtained based on a declaration of income.
And how quickly can we receive the money if we choose the “5% Loan with a Guarantee” at Alior Bank?
Brygida Kokosińska: Nowadays, customers expect quick decisions and funds to be credited to their accounts without delay. As a modern bank, Alior Bank responds to these expectations, which is why the loan funds may be available in as little as one day.
More detailed information about the 5% loan with a guarantee of the lowest instalment and other banking products can be obtained at Alior Bank’s partner branches:
Bolesławiec, ul. Zgorzelecka 46, tel. 75 732 22 51
Bolesławiec, ul. Mickiewicza 1/9, tel. 75 713 70 02
The Annual Percentage Rate is 17.2%; the total amount of credit (excluding financed costs) is PLN 8,330; the total amount payable is PLN 10,408.47; the nominal interest rate is 5%; the total cost of credit is PLN 2,078.47 (including a commission on the credit granted of PLN 1,356.05 (14%) and interest of PLN 722.42); 34 equal monthly instalments of PLN 306.13—a representative example. A loan without income certificates, upon presentation of a current-account statement, may be obtained by people receiving income, among other sources, from an employment contract (regular inflows for the last 6 months) or a pension (for 1 month). The final lending terms depend on the customer’s creditworthiness, the loan disbursement date and the date on which the first instalment is due. Commercial information as at 17 June 2015.
(commissioned information)