ТезФинанс - займ гражданам СНГ 1.1.6

TezFinance Review

TezFinance offers loans up to 100,000 rubles to citizens of Uzbekistan, Kyrgyzstan, and Tajikistan. It is a product brand from one of the leaders in the microfinance market, MFK "MigKredit."

The company provides two types of financial products: patent acquisition loans (up to 25,000 rubles) and loans for any purpose (up to 100,000 rubles). Borrowers can access offices located in Moscow, Saint Petersburg, Yekaterinburg, and Novosibirsk. Funds are disbursed to a bank card from any Russian issuer, with loan decisions made within half an hour based on just one document.

In 2022, TezFinance received a special award at the RETAIL FINANCE AWARDS, becoming the only non-banking financial organization recognized for achievements in retail financial business development in Russia during that year.

Loan Terms:

• Minimum repayment period: 61 days
• Maximum repayment period: 364 days
• Minimum annual interest rate: 0%
• Maximum annual interest rate: 35.99%

The formula for calculating the loan cost is:

Amount to be repaid = Loan Amount + Overpayment Amount,
where Overpayment Amount = Loan Amount * Loan Period * (Interest Rate % / 100)
No additional fees are charged.

Example Calculation:

For a loan amount of 15,000 rubles over a period of 70 days:
Daily interest rate: 0.099%
Total annual cost of credit (APR): 35.99%
Total accrued interest for 70 days: 615 rubles.
Total amount to be repaid: 15,615 rubles.

Late Payment Penalties:

The penalty for late payment as outlined in the payment schedule is 0.1% per day on the outstanding principal balance. In the event of a delay in the final payment by 10 days:
Interest payable: 615 rubles.
Penalty amount: 38.32 rubles.
Total amount to be repaid would then be: 15,000 + 615 + 38.32 = 15,653.32 rubles.