How does Gitzo prepay by installment?

If Gitzo's installment payment needs to be repaid in advance, the repayment amount includes:

1. Outstanding principal in the contract.

2. Guarantee service fee for the remaining installment payment.

3. Interest fees, service fees and handling fees of the repayment month.

If the customer has to pay the late payment fee, he/she should repay the late payment fee in one lump sum.

Choosing Gitzo's installment payment with different terms naturally has certain differences in interest. The interest calculation of Gitzo installment payment is actually quite similar to that of bank loan (equal principal and interest). The difference is that although the monthly interest rate of Gitzo's installment payment is 1.25% on the surface, there are hidden expenses such as guarantee fee, service fee and handling fee.

Note: If you need to prepay, you should call the company's customer service hotline first to find out the cost of prepayment before making repayment.

Gitzo Group is a wholly-owned subsidiary of PPF Group and one of the leading consumer finance providers in Central and Eastern Europe and Asia. Serving consumers in Central and Eastern Europe (CEE), Russia, the Commonwealth of Independent States (CIS) and all over Asia, and operating bank storage business in many countries. Gitzo Group has14,200 employees and provides financial services to 5.7 million customers (as of June 30, 2009). In 2008, Gitzo granted 3.6 billion euros in loans (excluding China and Viet Nam).

20 16, Gitzo Group plans to increase its investment in China to 6 billion.

Baidu Baike Gitzo Group