Yoabank offers an extremely attractive offer with a fixed rate of 2% taeg for a personal loan from $ 6,000 to $ 15,000 over a repayment period of 13 to 24 months. This Yoabank 2% credit offer is valid until April 18, 2017. Let’s see the conditions and compare it to the best offers from credit organizations.
2% fixed taeg credit rate at Yoabank
To be able to benefit from the 2% credit at Yoabank, the main conditions are:
- Borrow an amount between $ 6,000 and $ 15,000
- Borrow over a period of 13 to 24 months
- Provide proof of credit
- Apply before April 18, 2017
The most important thing to note in these conditions is that you will have to justify the use of the money and that the maximum duration to repay is 24 months.
A maximum duration of 24 months
Why is the duration of 24 months important?
Credit promotions are almost all over 12 months. Offering a Yoabank rate at 2% over 24 months is really trying to make an accessible credit promotion. Indeed, a loan with a duration of 12 months will create very high monthly payments that are impossible to repay for the majority of people.
Offering a 2% loan over 24 months from $ 6,000 to $ 15,000 is especially interesting for small loans. Indeed, by borrowing $ 6,000 over 24 months, we get monthly payments of $ 255.19 for a total interest cost of the 2% fixed taeg credit of $ 124.56.
It is objectively unbeatable at the moment.
Conversely, if we borrow $ 15,000 over 24 months, we end up with monthly payments of $ 637.97! Very few people can afford to repay this amount there every month.
The obligation to provide proof
The most important point of this credit at the rate of 2% taeg fixed by Yoabank is that it will be necessary to provide proof of the use of the money. If this is not possible, you have to fall back on a cash loan. In this case, we strongly recommend using our credit comparator by selecting “need money”, because the best offer is not necessarily with Yoabank.
To obtain the rate of 2% taeg fixed at Yoabank, the possible supporting documents are for example: quotes of works, a car loan. But it can also serve as marriage or birth credit, for children’s studies as long as the proof can be provided.