Common use of GENERAL CONDITIONS OF CREDIT PRODUCTS Clause in Contracts

GENERAL CONDITIONS OF CREDIT PRODUCTS. 16.1 On the basis of this agreement the client/the cardholder is entitled to use the following credit products: simple consumer and student loans, prompt installment, credit limit permitted on plastic card or overdraft, installment card and credit card “Ertguli” and other credit products. 16.2 Each credit product listed in the paragraph 16.1 of this agreement is described in corresponding section of this agreement. General provisions of the credit product are defined by this article, while specific conditions are defined and regulated by the agreement on the corresponding credit product concluded by the Parties. Other types of credit product are issued generally under the agreement between the bank and the customer on the provision of the credit products which does not exclude the possibility to issue any of the credit precuts directly on the basis of this agreement. 16.3 Customer must submit the application to the bank in order to receive the credit product (several products are allowed to be received on the basis of application made via electronic means of communication (telephone, internet, electronic mail, and etc.