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PPC – New facilities for their debtors: See who is affected and how many will “get away with”

The reduction of the advance for a setting that relates to 36 instalments of arrears in excess of eur 1,000 to PPC, from 20% to 15%, decided to proceed to the board of directors of the Company in order to facilitate the borrowers.For those who have less than 500 euro, it is recalled that it remains open until the 30 April the program provides for a “freeze” of the debt for a year and a discount of 10% on current accounts, provided, however, that they will pay within the time limit.More specifically, in accordance with “the Nation” the regulation of debt settlement which will be valid until 31 May for households, professionals and small and medium-sized enterprises is as follows:debt up to eur 1,000 setting in 24 monthly installments without a down payment. The first instalment will be paid directly.For debt in excess of 1,000 euros there are two options: immediate payment of 10% of the total debt, and setting the balance in 18 monthly payments, or immediate payment of 15% (instead of 20% valid until today) of the total debt, and setting the balance in 36 monthly installments.For large businesses and industries will be valid a deposit of 10%, while the monthly payments will vary according to the average monthly account, with a minimum number of doses of 18 and maximum of 36. It is worth noting that of these settings, excluding the registered in the Register of Vulnerable Customers and the Rural, for which they continue to apply more favourable settings.Still, for customers who had a debt of up to eur 500 on 28 February there is the possibility to suspend the payment of this amount for one year and a discount of 10% on current accounts, provided that they will pay within the time limit. To join this program should submit a request by phone at 11770 or in any store PPC until 30 April.Source


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The reduction of the advance for a setting that relates to 36 instalments of arrears in excess of eur 1,000 to PPC, from 20% to 15%, decided to proceed to the board of directors of the Company in order to facilitate the borrowers.For those who have less than 500 euro, it is recalled that it remains open until the 30 April the program provides for a "freeze" of the debt for a year and a discount of 10% on current accounts, provided, however, that they will pay within the time limit.More specifically, in accordance with "the Nation" the regulation of debt settlement which will be valid until 31 May for households, professionals and small and medium-sized enterprises is as follows:debt up to eur 1,000 setting in 24 monthly installments without a down payment. The first instalment will be paid directly.For debt in excess of 1,000 euros there are two options: immediate payment of 10% of the total debt, and setting the balance in 18 monthly payments, or immediate payment of 15% (instead of 20% valid until today) of the total debt, and setting the balance in 36 monthly installments.For large businesses and industries will be valid a deposit of 10%, while the monthly payments will vary according to the average monthly account, with a minimum number of doses of 18 and maximum of 36. It is worth noting that of these settings, excluding the registered in the Register of Vulnerable Customers and the Rural, for which they continue to apply more favourable settings.Still, for customers who had a debt of up to eur 500 on 28 February there is the possibility to suspend the payment of this amount for one year and a discount of 10% on current accounts, provided that they will pay within the time limit. To join this program should submit a request by phone at 11770 or in any store PPC until 30 April.Source

The reduction of the advance for a setting that relates to 36 instalments of arrears in excess of eur 1,000 to PPC, from 20% to 15%, decided to proceed to the board of directors of the Company in order to facilitate the borrowers.
For those who have less than 500 euro, it is recalled that it remains open until the 30 April the program provides for a “freeze” of the debt for a year and a discount of 10% on current accounts, provided, however, that they will pay within the time limit.
More specifically, in accordance with “the Nation” the regulation of debt settlement which will be valid until 31 May for households, professionals and small and medium-sized enterprises is as follows:
For debt up to eur 1,000 setting in 24 monthly installments without a down payment. The first instalment will be paid directly.
For debt in excess of 1,000 euros there are two options: immediate payment of 10% of the total debt, and setting the balance in 18 monthly payments, or immediate payment of 15% (instead of 20% valid until today) of the total debt, and setting the balance in 36 monthly installments.
For large businesses and industries will be valid a deposit of 10%, while the monthly payments will vary according to the average monthly account, with a minimum number of doses of 18 and maximum of 36. It is worth noting that of these settings, excluding the registered in the Register of Vulnerable Customers and the Rural, for which they continue to apply more favourable settings.
Still, for customers who had a debt of up to eur 500 on 28 February there is the possibility to suspend the payment of this amount for one year and a discount of 10% on current accounts, provided that they will pay within the time limit. To join this program should submit a request by phone at 11770 or in any store PPC until 30 April.
Source

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