Please tell us, what is the “Simple Consolidation” you offer?
– This is a promotion through which we enable customers to combine all their liabilities into one convenient loan.
What exactly can be consolidated?
– Our offer is very broad: it includes personal loans, instalment loans, credit cards and even account overdraft limits.
And what are the terms and possible limits?
– Anyone wishing to use the offer must transfer to us at least one liability from another bank. The offer is very flexible. A customer can apply for a loan in various amounts—from PLN 30,000 to as much as PLN 200,000. It may also include additional cash. The APR is 10.46%. The loan term may be as long as 10 years.
You mention additional cash. So, when consolidating loans, can we afford an additional expense?
– This of course depends on the customer’s creditworthiness, but consolidation also makes it possible to support our everyday finances in the event of unexpected expenses. Despite having other liabilities, we therefore have the option of borrowing additional money to help deal with the situation.
What if a customer has never dealt with this type of product?
– The best thing is to contact us. We analyse each customer’s situation individually and, on that basis, are able to propose the most advantageous
solution.
Until when can the offer be used?
– The offer is valid until further notice. It is worth emphasising, however, that the sooner we consolidate our loans, the sooner we will feel relief in our household budget.
Thank you for the interview. I invite customers to the Alior Bank partner branch:
Bolesławiec, 1/9 Mickiewicza Street
75 713 70 02.
The Annual Percentage Rate (APR) under the “Simple Consolidation” promotion is 10.46%; the total loan amount (excluding financed costs): PLN 72,021; total amount payable: PLN 105,252.58; variable interest rate: 9.99%; total cost of the loan: PLN 33,231.58 (including commission: PLN 0, interest: PLN 33,231.58); 97 monthly instalments (including 96 equal instalments of PLN 1,085.09, final instalment: PLN 1,083.94). The calculation was made on 13 November 2019 based on a representative example. The minimum loan amount is PLN 30,000. Under the promotion, liabilities incurred with Alior Bank cannot be consolidated. The final lending terms depend on the customer’s creditworthiness, the loan disbursement date and the first instalment payment date. The promotion rules and the Schedule of Fees and Commissions at Alior Bank SA branches and at www.aliorbank.pl.
