Caixa Geral de Depósitos,
R. 1º de Dezembro 133, 1250-096 Lisboa, Portugal
Dear Applicant
Based on our analysis of credit, employment, income and asset
information you have provided to us, we believe that you would qualify for the
following:
Loan code: PUL3194CX2025
Loan amount: €620,000
Term: 60 months
Qualifying rate: 9.30% As a company we do not believe in any upfront in
form of cash, credit or debit card. Only a guarantee is required from the
customer which your loan officer would tell how to process.
Please Note: This pre-qualification is based upon preliminary unverified
information, which although deemed to be reliable, is not guaranteed to be
correct. A final loan decision cannot be made until a complete loan
application and supporting documentation is received and verified. This letter
does not guarantee loan approval, nor is it an offer or commitment to make a
loan at the above rates and terms. Interest rates are subject to daily change
without notice and may affect the loan amount for which you qualify."
Terms & Conditions.
1. Repayment
Your repayments have been calculated using the interest rate in this credit
agreement (we call this 'the specified rate'). If the interest rate changes in the
future (if it is a variable one) we may: » adjust the amount of your final
repayment; » adjust the number of your repayments; or » adjust the amount of
your repayments. These changes may increase or reduce the total amount
you have to pay. If for any reason you owe us any money on the expiry date,
you must pay this immediately, including any accrued interest, unless we
agree new arrangements with you. We will charge you interest on the amount
you still owe at the following interest rate: » the varying specified rate will be
used if you have a variable rate credit facility; » and our surcharge rate. If we
owe you money on the expiry date you can request repayment immediately. If
you fall behind with your repayments we may, having followed the terms of
the Consumer Credit Act, 1995: » end the agreement and demand immediate
repayment of what you owe us; or » re-negotiate your credit agreement. If
your repayment becomes due on a day we are not open for business, you
must pay it on the next business day. If your repayment becomes due on the
29th, 30th or 31st day of a calendar month which does not include these
dates, you must pay it on the first business day of the next calendar month.
2. Interest
General If we change our variable interest rates (including 'Charity', 'AA' and
'A') or our surcharge rate, we will publish the new rates in at least one national
newspaper. We also display those rates on notices in all our branches.
Variations apply from the date shown on the notices. If you would like details
of other variable rates, please ask.
The new interest rate which applies is shown on the next account statement
issued after an interest rate change. We charge interest (including surcharge)
to accounts every three months, in March, June, September and December
and up-to-date when your account is closed. We may charge interest to
accounts at other intervals but before we do we will give three months notice
in at least one national newspaper. We always charge compound interest.
This means that interest charged to accounts bears interest until it is paid.
Calculating the Interest We calculate the interest on the balance you owe
each day on your account after we have taken account of items paid out and
paid in. When we calculate your interest we take account of items paid out as
soon as we give value for them and we do not take account of the value of
items paid in until we actually receive value for them. We also calculate an
interest adjustment for unpaid items.
3. Default
Having followed the terms of the Consumer Credit Act, 1995 and without
affecting our right to demand repayment at any time, we may demand
repayment if any of the following happen (defaults): » if you fail to pay any
money you owe us on the date it is due and this failure lasts for more than 21
days after we have written to tell you that the amount is overdue; » if you
break any of the terms and conditions of this agreement and you do not
resolve the position within 21 days after we have written to tell you to do so; »
if any decree, judgment or order of court is obtained against you and you do
not pay it within one month from the date it was issued; » if any information
supplied for or by you in application for the credit facility was false, misleading
or inaccurate;
4. Other terms and conditions Joint and several liabilities
All borrowers on a joint account are responsible on their own, and together
with the other joint account borrowers, to repay us according to the terms and
conditions of this agreement. Forbearance (If we delay using our rights) If we
delay or do not use our rights under this agreement, we are not waiving them
and we can still use them in the future.
5. Certificate
Unless we have made an obvious error, our certificate of any amount you
owe will be binding on you.
6. Data Protection AcT
Information held by the Bank on computer will be used only for the purposes
registered under the act, that is the provision of banking and financial services,
securitization and marketing. You may request in writing a copy of your details
held by the Bank on computer. A fee is payable for this.
Relations manager
José Pedro Pequito
