Purchasing an electric bike with installments is a popular way to get more freedom in everyday life. With installment payment, you can spread the cost of purchasing the bike over several months, which brings flexibility to your finances. In addition, using a new bike can save costs when you can replace using a car for everyday needs.

Resurs Bank offers various financing options, including installment payments and financing, to help you make the purchases you want without financial restrictions. In this article, we get to know Resurs Bank's installment and financing services, their benefits and how you can apply for them.

1. What is Resurs Bank?

Before we dive deeper into installment and financing services, it is important to understand what Resurs Bank is and what kind of services they offer. Resurs Bank is one of the country's leading financial institutions that offers consumers and companies financial solutions for various needs. Their goal is to make shopping easier by offering flexible payment options and competitive financial products.

2. Installment payment and Financing - What do they mean?

Installment payment and financing are financing options that allow you to pay for purchases in installments. They are especially useful for larger purchases such as appliances, electronics or furniture. In practice, partial payment means that you can pay the amount of the purchase in installments during the agreed period. Financing, on the other hand, can offer a longer payment period and more flexible terms.

3. Advantages of Resurs Bank Installment and Financing

Resurs Bank's installment and financing services have several advantages that make them an attractive option for financing purchases. Here are some important benefits:

Resurs Bank's services offer flexibility for financing purchases. You can choose the payment period that suits you and the size of the monthly installment that suits your financial situation. This enables better budgeting and helps you manage your finances effectively.

Resurs Bank's installment and financing services are easy and quick to use. You can apply for financing directly online or at the nearest partner store. The application process is simple and effortless, and you will receive a decision quickly. This way you can make your purchases without long waiting times.

Resurs Bank offers competitive terms in its installment and financing services. They aim to offer affordable interest rates and reasonable service fees to keep financing costs under control. This makes Resurs Bank's services an attractive alternative compared to other financial institutions.

4. How to apply for Resurs Bank Installment and Financing?

Applying for installments and financing from Resurs Bank is easy and effortless. You can follow the following steps:

You can easily apply for a credit decision in advance by sending a text message PYÖRÄ2 to the number 18311 . You can also apply for credit directly in the store or in the online store when making a purchase.

If you want to apply for an installment payment or financing in person, you can also do it in the store. Talk to the seller and ask for help with the application process. They will guide you in filling out the correct forms and answer your questions.

After submitting your application, you will receive a decision quickly. Resurs Bank strives to process applications efficiently and issue a decision as quickly as possible. If your application is approved, you will receive information about the positive decision and more detailed instructions for implementing the funding.

5. Application criteria

Resurs Bank has certain application criteria that you must meet in order to receive an installment payment or financing. The most common criteria are:

You must have a permanent address in Finland in order to apply for an installment payment or financing from Resurs Bank. This is a common requirement in most financial institutions.

You must be at least 18 years old when applying for an installment payment or financing. This is the legal age limit to ensure that you are of legal age and responsible for financial commitments.

Resurs Bank makes a creditworthiness assessment before making a decision. You should be in good credit standing and your credit report should be in perfect condition. This gives Resurs Bank confidence that you will be able to fulfill your financial obligations on time.

Amount of loan to be applied for: €2,000 - €10,000

6. Payment options

Resurs Bank offers several payment options for repayment of installments and financing. You can choose the monthly installment option that best suits your financial situation. It is also possible to pay off the debt early without additional costs if you want to pay off the loan earlier.

Resurs Bank's installment payment and financing services offer flexibility and convenience for financing purchases. You can make the purchases you want without having to wait for the savings to accumulate. This way you can enjoy the products and services you want right away.

Payment options offered to customers from January 2, 2024

Payment options	Processing fee / month	Interest
30 to 60 days	€0	0%
12 months	The credit cost is 0.28% of the agreed credit limit, but no more than €12.50/month.	0%
36 months	The credit cost is 0.28% of the agreed credit limit, but no more than €12.50/month.	12.90%
60 months	The credit cost is 0.28% of the agreed credit limit, but no more than €12.50/month.	15.00% + KSL reference rate

7. Frequently asked questions

7.1 Can I repay the installment or financing early?

Yes, you can repay the installment or financing early without additional costs.

7.2 Is Resurs Bank's Installment payment and financing available in all stores?

Resurs Bank's Installment payment and financing are available in most partner stores. Check availability on the store's website or by contacting the store.

7.3 What happens if I am unable to pay the installment or financing as agreed?

If you are unable to pay the installment or financing as agreed, contact Resurs Bank immediately. They help you find a solution to financial challenges and agree on new payment terms.

7.4 Can I apply for an installment payment or financing from Resurs Bank, even if I already have other loans?

Yes, you can apply for partial payment or financing from Resurs Bank, even if you already have other loans. However, the decision depends on your creditworthiness and financial situation.

7.5 How long does it usually take to get a decision?

Resurs Bank strives to process applications as quickly as possible. It usually takes a few days to get a decision, but it can vary depending on how quickly the application is processed.

Conclusion

Resurs Bank's Installment payment and financing offer flexible and convenient ways to finance purchases without financial restrictions. With them, you can easily make the purchases you want and pay them back according to the agreed schedule. Resurs Bank's competitive conditions and friendly customer support make them a reliable financial partner. So, the next time you're considering financing a purchase, consider Resurs Bank's down payment and financing!