Get a better understanding of the costs of Flex.
For a credit of 10 000 SEK calculated with a repayment time of 12 months and a monthly interest of 100 SEK, the total amount to be paid is 11 200 SEK which gives an APR of 23,70%.
10 000 SEK
Max interest per month
Annual percentage (APR)
1 200 SEK
11 200 SEK
The interest is fixed and it is an open end credit. The minimum monthly payment is 6% or 50 SEK depending on the highest amount. A fully used credit of 10 000 SEK repaid during 12 months means a total repayment of 11 200 SEK. That results in a monthly repayment of 933 SEK and annual percentage rate of 23,70%. Other ways of using the credit can lead to higher annual percentage rate.