MyIute Bulgaria 1.0.40

IuteCredit Europe – Freeware – Android
out of 281 votes

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.

Overview

MyIute Bulgaria is a Freeware software in the category Business developed by IuteCredit Europe.

The latest version of MyIute Bulgaria is 1.0.40, released on 04/26/2025. It was initially added to our database on 06/08/2024.

MyIute Bulgaria runs on the following operating systems: Android.

Users of MyIute Bulgaria gave it a rating of 5 out of 5 stars.

Pros

User-friendly interface that simplifies financial requests and management.
Quick and easy loan application process with rapid approval times.
Flexible repayment options tailored to individual financial situations.
Accommodates a range of financial products including personal loans and credit cards.
Access to a dedicated customer support team for assistance with issues or inquiries.

Cons

Limited availability of services outside of Bulgaria, restricting access for people in other regions.
Potentially high-interest rates compared to traditional banking options, particularly for those with lower credit scores.
User reviews indicate occasional technical issues with the mobile app and online platform.
Lack of extensive financial education or resources for users, which could assist in better decision-making about loans.
Some users report stringent conditions for approving higher loan amounts.

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Latest Version
1.0.40

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