STANDARD EUROPEAN CONSUMER CREDIT INFORMATION

1. Identity and contact details of the creditor/credit intermediary

Creditor
Address
Telephone number
E-mail address
Web address
Collector Bank AB
Box 11914, 40439 Göteborg
+46 101 61 00 80
contactcenter@collectorpayments.se
www.collector.se
Credit intermediary
Address
Telephone number
E-mail address
Web address





2. Description of the main features of the credit product

The type of credit Credit is given for financing the purchase of goods or services. Credit is provided, exclusively for consumer’s payment of goods or services, by merchants who cooperate with Collector Bank.
The total amount of credit
This means the ceiling or the total sums made available under the credit agreement.
10,000.00 SEK
The conditions governing the drawdown
This means how and when you will receive the money.
Credit will be granted after the credit application is approved.
The duration of the credit agreement 12 months (+ potential payment time campaign)
Instalments and, where appropriate, the order in which instalments will be allocated You will have to pay the following:

Instalment Capital Interest Fees Total
1 876.00 0.00 225.00 1,101.00
2 794.44 81.56 30.00 906.00
3 803.86 72.14 30.00 906.00
4 808.41 67.59 30.00 906.00
5 817.17 58.83 30.00 906.00
6 822.29 53.71 30.00 906.00
7 829.31 46.69 30.00 906.00
8 837.56 38.44 30.00 906.00
9 843.53 32.47 30.00 906.00
10 851.45 24.55 30.00 906.00
11 858.00 18.00 30.00 906.00
12 857.98 10.67 30.00 898.65
Total 10,000.00 504.65 555.00 11,059.65
Payment is settled in the following order: cost, fees, interest, and capital.
The total amount you will have to pay
This means the amount of credited capital plus interest and any costs related to your credit.
11,059.65 SEK
The credit is granted in the form of a deferred payment for a good or service or is linked to the supply of specific goods or the provision of a service
Name of good/service (Web) purchase
Cash price 10,000.00 SEK

3. Cost of the credit

The credit interest rate or, if applicable, different credit interest rates which apply to the credit agreement 9.95 %
Annual Percentage Rate (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. 23.23 %
Is it compulsory, in order to obtain the credit or to obtain it on the terms and conditions marketed, to take out
- an insurance policy securing the credit No
- another ancillary service contract?
If the costs of these services are not known by the creditor they are not included in the APR.
Yes, an agreement of the purchase of goods or services with the merchant.
Related costs
Any other costs deriving from the credit agreement Invoice / instalment fee 30 SEK and arrangement fee of 195 SEK
Costs in the case of late payments
Missing payments could have severe consequences for you (e.g. forced sale) and make obtaining credit more difficult.

If a payment is late, a late fee of currently 50 SEK will be charged.

In case of overdue payments an additional reminder fee of currently 60 SEK will be charged.

Default interest will be charged at 24% of the amount for the late payment from the due date until payment has been received. Payment will also be charged for any costs incurred in case of debt collection measures in accordance with the law.

4. Other important legal aspects

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 in part.
In case of an early payment, the cost for the credit during the period until the early repayment is made will be charged, but not for the time thereafter.
The creditor is entitled to compensation in the case of early repayment No
Database searches
The creditor must inform you immediately and without charge of the result of a database search if a credit application is rejected on the basis of such a search. 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.
A credit check will be performed before the credit agreement approved and thereafter if necessary during the term of the agreement. If the credit application is rejected pursuant to a search in an external database Collector Bank will notify the applicant.
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. The draft agreement is available at bill.collectorpayments.se

5. Additional information in the case of distance marketing of financial services

(a) concerning the creditor
Representative of the creditor in your Member State of residence Collector Bank AB
Address Box 11914, 40439 Göteborg
Registration Collector Bank AB is registered with the Swedish Companies Registration Office (Bolagsverkets näringslivsregister) with org.nr. 556597-0513.
The supervisory authority Collector Bank is under the supervision of the The Swedish Financial Supervisory Authority (Finansinspektionen), Box 7821, 103 97 STOCKHOLM and The Swedish Consumer Agency (Konsumentverket), Box 48, 651 02 KARLSTAD.
(b) concerning the credit agreement
Exercise of the right of withdrawal The debtor can withdraw from the credit agreement by notifying Collector Bank about this within 14 days from the completion of the credit agreement or at latest when the credit agreement reaches the debtor. Messages about withdrawing from the credit agreement must be sent to Collector Bank at the address stated above. If the right for a withdrawal is exercised, the debtor must notify the creditor within the time period of the right to withdrawal. Unpaid credit amount and accrued interest must be paid within 30 days after the notice of withdrawal received. If payment is not received on time, a reminder fee of 60 SEK will be charged and default interest will be charged at an annual rate of 24% from the due date until payment has been received. If the debtor does not cancel the agreement within the stipulated time, the agreement will be considered binding.
The law taken by the creditor as a basis for the establishment of relations with you before the conclusion of the credit contract Swedish law
Clause stipulating the governing law applicable to the credit agreement and/or the competent court Disputes arising from the agreement shall be settled by Swedish court of law and in accordance with Swedish law.
Language regime Information and contract terms are provided in Swedish and English.
Existence of and access to out-of-court complaint and redress mechanism Complaints regarding the credit agreement should be addressed to Collector Bank's customer service at the above address. The debtor may also address their complaints to The National Board for Consumer Disputes (Allmänna reklamationsnämnden, tel. 0771-42 33 00 and www.konsumentverket.se. The Swedish Financial Supervisory Authority (Finansinspektionen) exercises oversight on issues, such as, Collector Bank's internal management and compliance with financial soundness. They can be reached at tel. 08-787 80 00 and www.fi.se.