Top installment loans for bad credit
With an installment loan , you therefore know in advance the duration of the credit and the amount to be repaid each month. If you only need a small amount, be aware that financial institutions generally apply a high rate on loans of less than 1,250 euros. In principle, you will be dealing with the maximum rate set by law, that is, the rate of wear. To find out which loan is the most advantageous, base yourself in particular on the APR, that is to say the Annual Effective Annual Rate. All lenders are obliged to mention this on their offers in order to be as transparent as possible. Expressed as a percentage, the APR takes into account all costs (administration fees, management fees, insurance fees, etc.) as well as interest. It therefore corresponds to the interest rate that you will actually pay during the term of the loan. Fortunately for consumers, the law has imposed maximum APRs that financial institutions cannot exceed. These limits vary depending on the amount o