Bank Respublika Introduced Limits on Credit Line through Plastic Cards
OREANDA-NEWS. May 6, 2009. Bank Respublika has changed conditions of getting credit lines through plastic cards.
The Bank says that credit lines through cards are opened on the basis of presented pay statement.
“Changes touched amount of money allocated through cards as a loan. If earlier size of a loan made customer’s two wages indicated in pay certificate, now a credit line cannot exceed the level of a wage indicated in the pay certificate,” the Bank says.
Bank Respublika creates an opportunity to receive an interest-free credit line for period of up to 45 days. If the spent sum is not repaid until the 15th
day of the next month, then since the next day the debt amount is accrued interests under rate of 28% per annum.
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