Overall APR Example

The Overall APR comes to 13.38% for a three-month credit agreement and full withdrawal of a total credit amount of €1,500, with repayment of the total amount due at the end of the agreement and a variable rate, which is the sum of the Base Consumer Loan Rate (BCR), currently at 11.10%, plus a 1.50% spread, plus the Law 128/1975 levy, currently at 0.6%. This rate applies only for the specific information in the example.