- You have cumulated several credits?
- Every month, you have to pay 2, 3 or even 4 installments?
- Different rates, different durations… how to find your way?
- How to pay less?
At CMK, we combine your credits into a single one credit. You can ease the burden of your family budget expenses and get extra money and increase your purchasing power
For example, you currently reimburse every month as follows:
| EXISTING LOAN | DURATION | MONTHLY INSTALLMENT | OUTSTANDING BALANCE |
| Motor loan | 24 months | $100 | $1,300 |
| Personal loan | 36 months | $170 | $2,200 |
| Store credit | 12 months | $78 | $500 |
| TOTAL | $348 | $4,000 | |
CMK proposes
| NEW COMBINED CREDIT (1) | DURATION | MONTHLY INSTALLMENT | YOUR MONTHLY INSTALLMENT WILL BE REDUCED |
| Existing loans $4,000 + $1,000 more for your new projetcs = $5000 | 48 months | $163 | $185 |
Not only you will save $185 per month but you will have also extra cash $1,000 at your disposal. It is well thought out decision.
Benefits:
- Simple
- Only one monthly installment and only one duration, easy to follow-up
- Less expensive
- With a lower interest rate, you reduce your monthly installment
- CMK takes care of the reimbursement of all of your existing loans in other banks and micro finance institutions
Subject to acceptation by CMK. Interest from 2% per month to 2.50% according to the quality of application and to the guarantees. For a credit of US$5,000 and duration 48 months, the monthly installment could be $163,01 and the total cost is 44 if the interest is 2% per month (including interests + processing fees – except life guarantee fund).
You are committed to pay back your credit at CMK
Please click here to download our brochure