What requirements do I need to meet to qualify for a personal loan?

Generally, you need:

• at least 18 years old and within the accepted age range at the end of the loan;
• a steady income (salary, pension, or other acceptable sources of income);
• minimum length of employment: 3 months with your current employer (or 6 months if this is your first job);
• good credit history;
• classification at the highest debt level.

Our goal is to ensure that the payment is affordable and does not affect your financial well-being.

Further details on length of service

In the analysis process, we take into account several elements, including work history or history in making sales. 

We take into account both:

➤⠀ length of service (in earning wages); 

➤⠀as well as that of your current employer.

❗⠀Remember also that: The minimum limit from which a credit relationship could be initiated is one year in employment and at least 3 months seniority with the current employer. ⏳

Information on indebtedness

Each type of product has a maximum leverage, and customers' access to a particular loan depends on this element as well. 🙂

In determining the degree of indebtedness, account is taken of:

➤⠀level of income earned;

➤⠀and the total payment obligations (not only loans, but also other monthly payment amounts such as a CAR payment) plus the monthly payment amount for the requested loan.

Maximum leverage ratios are set by our internal procedures and must comply with the maximum level regulated by law. 📑

For example: the maximum level of indebtedness for a consumer credit used for personal needs (in RON, when the customer earns income in RON) is 40%.

For more details we are waiting for you in any BT unit.

❗⠀If you're thinking of taking a credit:

➤⠀you can calculate your monthly instalments online in the BT credit simulator;

➤⠀and then find out over the phone if you qualify for the desired amount. 😃