Instalment payments – Avarda overdraft facility
Pay for your purchases flexibly in monthly instalments. The credit is provided by Avarda Bank AB, Finnish branch.
- Credit limit: €1,000–6,000, subject to credit approval
- Payback period: up to 48 months – you choose
- Interest rate: variable, 15 % + reference rate (currently totalling 17.5 %)
- Account management fee: €0–5 per month
- Minimum monthly instalment: 8 €
- You can pay off your loan at any time without incurring any additional charges
- One payment-free month is possible, provided payments have been made on time for 4 months
- Requirements: you must be of legal age, have a regular income from employment or a pension, and be able to verify your identity using your online banking credentials
Sample calculation
A purchase of €1,000, repayment period 12 months, nominal interest rate 17.5 % (15 % + reference rate 2.5 %) and an account management fee of €5 per month:
monthly instalment 96,44 €, the total cost of the loan 157,31 €, total amount payable 1 157,31 €, the actual annual interest rate 31,72 %.
Please note! Taking out a loan comes at a cost.
Credit is granted on the basis of an approved credit decision. The reference interest rate is reviewed on 1 January and 1 July. Further terms and conditions: Avardan’s credit terms and standard European consumer credit information (PDF)
BEWARE OF THIS PRODUCT!
The quality is basically good. The base is light and sturdy. For the price and size, it is easy to use.
However, being in Finland, it is inconceivable that the stand is practically unusable for about half the year. It does not tolerate the cold at all, and freezes at just a couple of degrees below zero, rendering it completely inoperable. I haven't had time to use it outdoors in plus temperatures, but I'd wager that this tripod won't do that either.
I also messaged SmallRig directly about the problem, but they just suggested that I could get their 500 euro video head for winter use, which doesn't even fit in the bowl of the tripod.