Standard European consumer credit information

Creditor

Address

Phone number

Web address

Svea Bank AB (publ), filial i Finland

Mechelininkatu 1 a, 00180 Helsinki

+358 9 4242 3330

www.svea.com/fi-FI

Credit is unsecured, commodity-specific credit

The total amount of credit

This means the ceiling of the total sum made available under the credit agreement.

The amount of credit may vary depending on the merchant.

The conditions governing the drawdown

This means how and when you will obtain the money.

The creditor pays the granted credit to the merchant after a favorable credit
decision and the delivery of the goods or service/s.

The duration of the credit agreement

1-60 months

Installments and the total amount you will have to pay

Refers to the amount of the loan principal, interest and other expenses related to your credit, if any.

The credit is repaid in monthly instalments that include interest on the outstanding principal and amortisation of the principal. The amount of the amortisation of the principal is the agreed percentage of the capital balance of the credit at the time of invoicing.

Installment: If the amount of the credit is for example EUR 1500 and the loan
period is 12 months, the fees are 0,01 % a day, being at least 5 € and 150 €/year the highest, and the annual interest is 19,95 %, the monthly installment is EUR 143,12. Opening fee will be charged along with the first invoice.

The total costs of the example credit are EUR 1717,39 whereof the credit costs EUR 50,40 and interest EUR 166,99.

Purchase credit: If the amount of the credit is for example EUR 1500 and the loan period is 12 months, the opening fee is EUR 5 and the annual interest is 19,95 %, the monthly installment is EUR 139,33 €. Opening fee will be charged along with the invoicing.

The total costs of the example credit are EUR 1671,99, whereof the credit costs EUR 5 and interest EUR 166,99.

Installments example interest rate is 19,95 %, but not more than the maximum 
interest rate in accordance with Section 7:17 a of the Consumer Protection Act

Purchase credits interest rate is 19,95 %, but not more than the maximum 
interest rate in accordance with Section 7:17 a of the Consumer Protection Act

Annual percentage rate of charge (APR)

This is the total cost expressed as an annual percentage of the total amount of credit.

The APR is there to help you compare different offers.

Installment credit's annual percentage rate of charge for EUR 1500 example credit is: 29,02 %.

Costs of the credit: The fees are 0,01 % a day, being at least 5 € and 150 €/year the highest, annual interest rare 19,95 %. Credit amount EUR 1500, payment period 12 months. Credit costs EUR 217,39 and the total cost of the credit is EUR 1717,39.

Purchase credit's annual percentage rate of charge for EUR 1500 € example credit is: 22,58 %

Costs of the credit: Opening fee EUR 5, monthly fee EUR 5, annual interest
rate 19,95 %.

Credit EUR 1500, payment period 12 months. Credit costs EUR 171,99 €, and
the total cost of the credit is EUR 1671,99.

Other costs related to a card or credit agreement

Credit costs are 0,01 % a day, being at least 5 € and 150 €/year the highest, calculated from the purchase amount. Documents, copies, etc. will be charged EUR 10 each. Change of due date at the request of the customer, a fee of EUR 5 will be charged, maximum 20 € in a year.

The lender has the right to change the fees provided taken that it is legal and
the lender notifies these changes to the customer in advance.

Costs in the case of late payments

Missing payments could have severe consequences (e.g. forced sale) and make obtaining credit more difficult

The customer will be charged with interest on late payment in accordance with the Interest law from the due date to the payment date. However, interest on late payment shall be payable on the same basis as before the due date, up to 180 days from the date on which the debt is fully due.

A reminder fee of five (5) euros will be charged for the payment reminder

Right of withdrawal

You have the right to withdraw from the credit agreement within a period of 14 calendar days.

Yes

Early repayment

You have the right to repay the credit early at any time in full or partially

Yes

No

Consultation of a credit register

The creditor must inform you immediately and without charge of the result of a consultation of a credit register if a credit application is rejected on the basis of such a consultation. This does not apply if the provision of such information is prohibited by European Community law or is contrary to objectives of public policy or public security

The creditor will use applicant's personal credit information, when it comes to crediting and credit controlling, received from Dun & Bradstreet's credit index as well as the Tax Administration's Positive credit register.

Right to a draft credit agreement

You have the right, upon request, to obtain a copy of the draft credit agreement free of charge. This provision does not apply if the creditor is at the time of the request unwilling to proceed to the conclusion of the credit agreement with you

Yes

Address

Phone number

e-mail address

Web address

Registration

Mechelininkatu 1 a, 00180 Helsinki

weekdays 8-17, tel: +358 9 4242 3330

asiakasinfo@svea.fi

www.svea.com/fi

Svea Bank AB (publ), Filial i Finland VAT 3237195-7

The operations of Svea Bank AB (publ) are supervised by (Finansinspektionen). Box 7821, SE – 103 97 Stockholm Sweden Brunnsgatan 3 Tel +46 8 787
80 00

The borrower is entitled to withdraw from a credit agreement made by giving the creditor a notice of withdrawal within 14 days of receiving notification of an  accepted credit application and of the date on which the borrower has received a copy of the agreement and other prior information. A notice of withdrawal can
be made within the time limit set by letter to the address Svea Bank AB (publ), Filial i Finland, Mechelininkatu 1a, 00180 Helsinki or to the e-mail address  asiakasinfo@svea.fi.

The notice of withdrawal must be specific and include at least the following  information: borrower's name, date of birth and Svea’s customer number. If the borrower uses the right of withdrawal, the borrower is liable to pay the creditor
the interest for the time the credit has been at the disposal of the borrower.
Funds, with interest, received by the credit agreement must be refunded to the creditor within 30 days of sending the notice of withdrawal at the risk of the withdrawal becoming void.

Finnish Law

Any disputes arising from this credit agreement shall be settled at the Helsinki District Court. Consumer customers are, however, entitled to submit disputes to the district court of the Finnish municipality in the jurisdiction of which the  customer is domiciled or permanently resident. If the consumer customer does  not have permanent residence in Finland, disputes will be settled at the Helsinki District Court. The credit agreement is governed by Finnish law.

The borrower has the right to receive the prior information and the agreement terms in the Finnish language.

Consumers are entitled to file a complaint with the Consumer Disputes Board (www.kuluttajariita.fi). Before filing a complaint with the Consumer Disputes Board, consumers must contact the consumer rights advisers at a Local Register Office (www.kuluttajaneuvonta.fi).

Kuluttajariitalautakunta Hämeentie 3, P.O. Box 306, 00531 Helsinki, tel. +358 29 566 5200, fax: +358 29 566 5249, e-mail kril@oikeus.fi, www.kuluttajariita.fi