Part-payment

Matkapörssi part-payment

Opening Matkapörssi part-payment account if free and there are no annual fee for the account. In normal cases, new account customer will receive credit for 1.000 euros. Account customer has the opportunity to devide the invoice into instalments as wished, with a maximum of 24 months. Account customer will receive a monthly account statement and a bank transfer form. Interest (1,5%) and a handling fee of 3 euros will be added to the invoice. Account customer must be 20 years or older. Credit information will be checked.

Matkapörssi part payment for online flights

Part payment for flights is always possible when the total of flights is below 1.000 euros. In other cases, online flight booking doesn't offer the part payment option. Credit information will be checked and the program gives the approval in a few seconds, after which the ticket is printed automatically.

Matkapörssi part payment in our office (NEW)

Now you can open a part payment account also in our office. When purchased from our office part payment can be used to pay for flights, flight+hotel packages, car hires or hotels. Our sales person prepares the part payment contract for a customer to sign. Account customer will receive credit for 1.000 euros and instalments as chosen.

Payment

Payment amount and all other transactions will be specified in the monthly account statement. The monthly payment amount is at least 1/24 of the credit amount, increased by at least 3 euros interest rate and handling fee. Matkapörssi -client has the right to pay the amount in full or partly in advance at no extra cost. Liability discharging payment can only be paid to Collector Credit AB's account 182030-21535.

Costs

The interest rate is 1.5% per month and is calculated in the current account debt at the last day of the month. Handling fee is 3 euros per month. For example, when the credit amount is 1.000 euros with 12 month payment cycle, the APR is about 26.7%.

Example: With 1.000 euro credit amount divided into 12 part payments, the part payment costs are 134 euros and monthly payments on average 94,5 euros. Therefore, the 1.000 euro credit divided into 12 parts pays in full 1.134 euros. Interest rate changes are possible to the credit of political decisions, changes in borrowing costs or arising of other costs after the following day stated below.

Consequences of non-payment

The person applied to opening the account who is accepted as a customer is under an obligation to make the payment. If the payment is not paid on time and if the outstanding amount is more than one tenth of the total debt, the entire debt amount will be due to pay. There is a fee of 5 euros for each sent reminder. All possible collection charges will be collected in accordance with existing legislation.

Credit company

Credit will be issued by Collector Credit AB (business ID 556597-0513) in co-operation with Matkapörssi Oy. Billing issues, or if you want to know more about our services, please contact Matkapörssi billing services in 0207-43 49 14. You can also send an email to MP-laskutus@collector.fi.

Changes in personal information

The account holder is required to report the name or address information changes to Matkapörssi. Matkapörssi has the right to transfer and or mortgage the credit to other credit company.

Credit amount

In normal cases, new account customer will receive credit for 1.000 euros. Matkapörssi reserves the right to limit the amount of credit. All credit applications are processed.

Terms of payment date

All payment terms, payment costs and interests reported above are valid and determined 31.12.2008 using the available data.