If there are more individuals in a credit relationship showing up in an understanding, the credit organization can be obligated to provide in their mind most of the important info in the terms and problems that connect with the agreement and tell them about their legal rights and responsibilities.
BE INFORMED: Before negotiating that loan, credit organizations are obligated to offer you the European information that is standardised (ESIS). The Croatian nationwide Bank has recommended the obligation to issue this kind to all or any credit organizations, therefore, personalised information into the type might help you compare the types of loans with various credit institutions.
Should you want to negotiate that loan in a foreign exchange, as well as the desired loan, the credit organization has got the responsibility to offer you a questionnaire by having a comparable loan when you look at the domestic money. Where loans being offered because of the lender don’t come with a loan that is comparable domestic money, the credit organization has got the responsibility to deliver the details Sheet for the Croatian nationwide Bank using the present offer of loans of most banking institutions, such as the offer of loans in domestic currency. This type of regulatory framework has generated preconditions when it comes to use of the well-informed monetary choice.
In cases like this, besides the type for the specified loan, the credit organization must also give you a questionnaire containing information for a comparable loan with a set rate of interest. But, where loans on offer because of the lender usually do not give the alternative of concluding financing with a set rate of interest, the financial institution has the responsibility to offer you the information and knowledge Sheet regarding the Croatian nationwide Bank, which ultimately shows the existing offer of loans of all of the banks, such as the offer of loans because of the interest rate that is fixed.
The consumer can find the Information list on the website of the Croatian National Bank or using the free of charge mHNB mobile application in addition to the direct contact with the bank.
SIGNIFICANT: when creating a choice on negotiating any product that is specific solution in a credit organization, including choices on negotiating loans, you ought to bear in mind that getting into a contractual relationship suggests the presumption of specific responsibilities. Failure to fulfil these responsibilities holds along with it additionally specific economic sanctions by means of standard my sources interest and/or extra expenses, prompting financial obligation generation and measures when it comes to number of unpaid responsibilities by the credit organization.
HELPFUL INFORMATION: you might improve your head concerning the finalized loan contract within week or two through the date of signature.