Phones in installments — who would have thought such a thing was possible, especially when we are talking about refurbished phones? Klap.ro gives you the opportunity to buy any device in installments, not just phones.
And we do this because we know what it is like to want to buy gifts for your loved ones, or even for yourself, to treat yourself from time to time, but your bank account looks like the emergency number.
Even though the refurbished or expert hand phones sold by Klap.ro are available at the most affordable prices, why not take advantage and buy them in installments, if possible? And the credit conditions are not as restrictive as those of most banks.
Phones in installments through online credit
If you want to buy a phone, tablet, or even laptop, up to 1,000 lei, you should know that you can pay in installments, with ZERO interest.
Our partner, TBI Bank, will make sure that, if you are eligible, the money reaches us, and we, in turn, will make sure that the phone you ordered reaches you. This is how we complete the circle of a purchase through online credit, with 0 (zero) interest.
Below is an example that TBI itself gives on its own website!
If you want to purchase a refurbished phone worth 1,000 lei. For 4 months, you will pay fixed installments. 260 lei per month.
We know, we know… why not 250 lei? Because 10 lei per month is the credit administration fee charged by the financier. Other than that, as we said, the interest is zero, and the installment is fixed, regardless of interest rate fluctuations in the market, you are covered!
Minimum eligibility conditions
In order to enjoy hassle-free shopping in installments, you will need to meet a few minimum eligibility conditions. This way, your financier wants to make sure that you can repay the requested loan.
Therefore, you will need to:
- Have at least 3 uninterrupted months of seniority at your current workplace,
- Be at least 18 years old or no more than 75 years old at the date the contract ends,
- The minimum wage is the minimum accepted monthly income,
- The minimum accepted pension is 1,000 lei,
- TBI Bank also accepts salary income obtained abroad,
- Income from dividends, copyright royalties, child-raising allowance, daily allowances, etc. is also accepted.
Phones in installments that cost over 1,000 lei. The interest remains fixed.
If you want to purchase from Klap.ro a phone in installments that costs more than 1,000 lei, you can do so without any problem.
However, here the situation changes slightly, because depending on the value of the credit and the installments, the interest also differs.
Therefore, you can buy a phone, tablet, or laptop and split the payment into 6 to 60 installments.
The most important part for you is that, regardless of its value, the interest remains fixed from the first installment to the last.
Examples of installment calculations depending on the phone value
Let’s say you found a device on Klap.ro that costs 2,000 lei. After you decide to buy it, you choose the installment payment method, as well as how many fixed installments you want.
Therefore, for a 2,000 lei credit, the fixed installment value will be:
- 404.26 lei – over 6 months
- 222.13 lei – over 12 months
- 162.31 lei – over 18 months
- 133.08 lei – over 24 months
The annual percentage rate of charge (APR) is 53.73%, and the total payable amount is 3,193.94 lei.
If, on the other hand, you found more expensive devices and want to buy one of them, no problem, TBI Bank and Klap.ro are here to help!
Let’s take another example.
For a refurbished phone worth 5,500 lei, you will be able to pay in fixed installments without any problem. This is what your installments will look like, depending on the number of payments you want:
- 1,012.89 lei – over 6 months
- 537.84 lei – over 12 months
- 380.43 lei – over 18 months
- 302.43 lei – over 24 months
Our advice is to use such a payment method as long as you make sure you do not become over-indebted. And even if you do not have such concerns, but you do not want to pay all the money at once for a purchased device, it is just right.
The installments are fixed and monthly, and you do not have to worry that if you bought something you wanted, you will be left without money that month.
