- the relevant nominal yearly prices of regular and standard interest;
- the technique of great interest calculation;
- the conditions and terms deciding on alterations in regular and standard interest levels on the lifetime of the mortgage;
- the money associated with principal or even the money to that the principal is tied up and description of this chance of alterations in the trade prices among these currencies;
- costs and commissions charged together with chance of their modification;
- the interest that is effective which reflects the full total cost of that loan;
- Repayment plan вЂ“ the amount of principal and interest repayments, dates due, the true amount of instalments and their quantity;
- the stipulations to make a deposit because of the credit organization, should this be a necessity for the granting of that loan;
- the options together with conditions and terms for offsetting loans by build up (if relevant);
- instruments of security along with other stipulations, stressing out of the effects of defaulting on obligations;
- the proper regarding the customer to withdraw from an understanding within the legally prescribed time limitations; and
- the terms and conditions that connect with very early loan payment.
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.