MyIute Bulgaria 1.0.41

IuteCredit is a prominent provider of consumer loans in the Balkan and South Eastern Europe region, boasting a customer base exceeding 600,000 individuals. The company prioritizes delivering an exceptional customer experience through its range of services and products. The MyIute App is designed with a focus on simplicity and personalization, offering clients a comprehensive self-service experience and access to various loan products. Applicants benefit from swift decisions, often within minutes, depending on their prior interactions with IuteCredit.

Key features of the MyIute app include:

• Ability to apply for loans for both new and existing customers
• Access to loan history, summaries, and details
• Instalment table accessibility
• Personalized loan offers
• Partner and dealer promotions
• Contact details and branch locations information display

Users must meet specific criteria to utilize the MyIute app and its services:

• Residency or citizenship in Bulgaria
• Minimum age of 18 years

As a financial services institution, IuteCredit advises prospective clients to carefully review the terms and conditions before signing any contracts, recommending consulting with a financial expert when necessary. Prior to applying for a loan, applicants are encouraged to assess their financial capacities accurately and provide relevant financial information.

For instance, a new customer applying for a loan of 1,000 BGN over a 3-month period (with the minimum loan term being 3 months and the maximum 24 months) can expect:

• An interest rate of 0%
• A commission fee of 51.25 BGN
• A monthly repayment amounting to 350.43 BGN
• A total loan cost of 51.25 BGN
• A minimum Effective Interest Rate (EIR) of 35.04% for 3 months
• A maximum EIR of 65.54% for 24 months

Please note that these calculations are approximate and subject to variations based on individual terms and conditions as well as credit histories. The monthly instalment amounts and loan durations are provided for illustrative purposes only. Following the submission of a loan application, IuteCredit's credit specialists will contact customers to tailor loan solutions to their specific needs as part of the finalization process.