Under Government Emergency Ordinance 50/2010, you have the right to repay your credit early at any point during the contractual period. Early repayment reduces the total cost of your credit by stopping the interest for the remaining period.
Repay at any time, partially or in full
How to repay your credit early
- 1
You let us know
Call us at 0350.919 or write to us at office@bestcreditifn.ro and tell us the amount you want to repay (partial or full).
- 2
You receive the exact amount
We calculate the final amount to repay: the principal, interest accrued to date and, if applicable, the early repayment fee (capped by law, see below).
- 3
You make the payment
Pay through any of the available methods. For full repayment, the contract closes once you sign the early repayment request form; for partial repayment we send you an updated schedule.
- 4
Send us the signed request
To close the credit, after the payment is made, you need to send us the early repayment request, completed and signed. You can download it here or ask your consultant for a copy.
Costs and fees
Under Government Emergency Ordinance 50/2010, the early repayment fee for consumer credits is capped by law:
- If you have more than 12 months remaining
- max. 1%
- If you have less than 12 months remaining
- max. 0.5%
The percentage applies to the amount repaid early. The exact fee in your case is stated in the credit agreement you signed, in the costs section.
Questions about your balance or how the repayment works? Call us at 0350.919 or write to us at office@bestcreditifn.ro.