Credit in fine. The credit in fine is a particular loan which allows the borrower to have a capital and to repay only the interest of the loan. The capital will not be reimbursed until the end of the loan offer. The credit in fine allows to have a sum while reducing the monthly payment of this loan because the repayment of the capital is not included in the monthly payments. Let's compare a Redeemable Loan to a Fine Credit on a loan of 100,000 US dollars at an interest rate of 4% over 10 years.
Credit In Fine
Duration of Funding
The monthly payment difference is important because in credit in fine the monthly payments only reimburse the interest the remaining capital due is 100,000 € throughout the credit in fine.
Other definitions of the lexicon starting with the letter C: