Loan Repayment by the Customer. 9.1. The Customer may (but need not) use the Loan calculator slide, which is provided on the Website, in order to determine, before applying for the Loan, the amount to be repaid to Novum. The Customer may also call Customer Care for a better explanation of the Loan process and applicable fees/Interest due therein.
9.2. Both loan types, i.e. the Bullet Loan and the Instalment Loan, have different repayment periods. In each case, the applicable repayment period shall start at the time of crediting of the Loan to the Customer pursuant to Clause 5.
9.3. With respect to Bullet Loans which have a repayment period of fifteen (15) or thirty (30) days, as agreed between the parties, repayment of the Loan Amount and Loan Interest shall occur in one (1) instalment on the last day of the respective repayment period, as specified in the Loan Agreement to be made available to the Customer.
9.4. The Instalment Loans which have a repayment period of two (2) months, repayment of the Loan Amount and Loan Interest shall occur in two (2) equal instalments (“2-terms Instalment”) at the day the Customer receives his/her income, as indicated by the Customer in the Loan Application and accordingly specified in the Loan Agreement.
9.5. The Customer will repay the Loan at the agreed due date in terms of Clauses 9.3 or 9.4. The repayment consists of the Loan amount and the agreed fees/interest, as applicable, and all additional due fees and charges in accordance with the Loan Agreement. According to Clause 7.1, all re- payments shall be made in Euro (€).
9.6. The Customer may affect repayments into the SEPA bank account identified by its IBAN in the Invoice.
9.7. The Customer shall be entitled at any time to discharge fully or partially his obligations under a Loan by making payments into the account indicated in Clause 9.6. Novum will not collect an early repayment compensation (“Vorfälligkeitsenschätigung”) in either event.
9.8. Payments made by the Customer, including partial payments, shall be allotted according to §§ 1415, 1416 ABGB.
9.9. The Customer is entitled to receive, on request and free of charge, at any time throughout the duration of the Loan Agreement, a statement of account in the form of an amortisation table.
Loan Repayment by the Customer. 10.1. Both types of loan, i.e. the Bullet Loan and the Instalment Loan, have different repayment periods. In each case, the applicable repayment period begins when the Loan is credited to the Customer on his or her bank account.
10.2. In the case of a Bullet Loan, which is repayable after a period of fifteen (15) or thirty (30) days, the repayment of the Loan Amount and payment of the Loan Interest and the credit costs shall be made in one (1) instalment on the last day of the respective repayment period, as specified in the Loan Agreement to be made available to the Customer.
10.3. In the case of an Instalment Loan, with a repayment period of at least two (2) months, repayment of the Loan Amount and payment of the Loan Interest and the credit costs shall be made in at least two
Loan Repayment by the Customer. 10.1. The Customer may use the Loan calculator slide, which is provided on the Website, in order to determine, before applying for the Loan, the amount to be repaid to Novum. The Customer may also call Customer Care for a better explanation the Loan process and applicable fees/Interest due therein, as applicable.
10.2. Both loan types, i.e. the Bullet Loan and the Instalment Loan, have different repayment periods. In each case, the applicable repayment period shall start at the time of payment to the Customer on his or her bank account.
10.3. With respect to Bullet Loans which have a repayment period of fifteen (15) or thirty (30) days, repayment of the loan amount and Loan Interest shall occur in one (1) instalment on the last day of the respective repayment period, as specified in the Loan Agreement to be made available to the Customer.
10.4. When made available by the Bank, the Instalment Loans which have a repayment period of two (2) or three (3) months, repayment of the loan amount and Loan Interest shall occur in two (2) or three