Digital camera loan: compare the rates

Usually a personal loan is a credit without proof that can be used for any purpose for all your projects. Fine Bank sets itself apart from the competition by offering credit dedicated solely to the purchase of digital devices. By limiting the maximum authorized amount and reducing the maximum duration of the loan, Fine Bank authorizes you to benefit from a better rate.

Credit reserved for digital devices

Credit reserved for digital devices

To replace your current computer with a newer one or with a laptop. To buy you a state-of-the-art smartphone like an iPhone or a tablet to navigate comfortably, … it is the perfect financing solution. Thanks to the personal loan from Fine Bank you can buy all your digital devices on credit without distinction. On the other hand, you will not be able to allocate the amount thus borrowed to pay for your vacation, for example, but to buy the digital camera that you will take with you, no problem.

Maximum amount and reduced duration compared to traditional personal loans

Maximum amount and reduced duration compared to traditional personal loans

A “standard” personal loan makes it possible to borrow a sum ranging from a few thousand to several tens of thousands of dollars over a period which may extend up to 10 years in certain cases. For the Fine Bank digital loan, the amount is minimum $ 500 and maximum $ 2,500 for a repayment period of 3 months to 24 months (2 years) depending on your choice. These limits are consistent since it is a “tailor-made” credit.

The result: a personal loan at the best rate!

The result: a personal loan at the best rate!

By adapting its offer to a specific type of purchase, Fine Bank is able to offer an unusually low rate. To highlight it, we will compare the rate of personal loan for all Fine Bank projects with digital device credit:

Simulation of a personal loan for all projects:

  • amount borrowed: $ 1,250
  • duration: 12 months (1 year)
  • APR: 8.50%
  • total reimbursement: $ 1,306.08

Simulation of a digital loan:

  • amount borrowed: $ 1,250
  • duration: 12 months (1 year)
  • APR: 2.40%
  • total reimbursement: $ 1,266.12

The result is final, an APR more than three times lower and a difference of almost $ 40 for the total reimbursement within the framework of this simulation. To find out more and simulate your credit online for free and without obligation, go to the Fine Bank website … this type of loan has been canceled by Fine Bank … damage

Leave a Reply

Your email address will not be published. Required fields are marked *