Consumer Loans
by AvidaAvida Finance offers consumer loans to clients older than 20 years, with an annual gross income of NOK 150,000, residency in Norway for more than 3 years and do not have any payment remarks. Currently Avida does not accept loan applications online. The Establishment fee varies by the size of the loan. Minimum establishment fee is NOK 590 and maximum establishment fee is NOK 1,190. Any change in loan terms cost NOK 490. In case of refinincing loan, the maturity of the loan prolongs to 15 years. Please see the representative loan example for further information.
Recurring Repayment Period
["monthly"]
Reminder Fee
35
Establishment Fee
1190
Minimum Loan Size
10000
Recurring Repayment
1554.6
Representative Term Loan
5
Maximum Repayment Period
5
Interest Rate
["variable"]
Maximum Loan Amount
500000
Representative Loan Amount
65000
Representative Term Loan Period
["years"]
Total Repayment
93276
Term Fee
29
Period
["years"]
Minimum Repayment Period
1
