Guide for a wise loan, from BT Direct

BT Direct financing can help you when you need money quickly, when you want flexibility, and when you want to take advantage of partner offers.

You may be wondering: „What does it mean to take a wise loan and why does it matter? It means more than access to money: it means obtaining the products or services you need and, at the same time, having a clear plan for the monthly installment.

How to choose the right loan for your needs

Choosing a loan always starts from the purpose for which you need money. With BT Direct you have quick access to the right financing, but it's worth asking yourself a simple question: „What is my need?”

• Personal emergencies: such as unexpected repairs, medical expenses, or situations that cannot be postponed

Recommendation: If you need quick access and a flexible period, you can consider financing with Card Direct for medical services, financing for car purchase or one of the classic credit products: Direct Credit/Senior/First.

• Bigger plans: Furniture that needs to be replaced, broken appliances at unfavorable times or renovations that can no longer wait

Recommendation: Here the balance between rate and duration matters. You can choose financing through the Online Smart Credit (with approval in 10 minutes at partner stores), co-branded credit cards with partners (Dedeman, Flanco, Carrefour) or Direct/Senior/First Credit.

• Recurring or seasonal expenses: Beginning of the school year, holidays or planned vacations

Recommendation: Seasonal expenses can take you by surprise. Plan the period and the rate with your budget in mind for the coming months. You can opt for Direct/Senior/First Credit, co-branded cards in partner stores, or Smart Online Credit on the websites of partner stores.

How do you correctly decide the amount, the period, and the monthly rate?

• Calculate strictly necessary amount - the maximum amount varies depending on the product, but with Direct Credit you can get up to 100,000 lei.
• Choose one period of reimbursement that fits your monthly budget.
• Make sure that rate does not exceed a comfortable level of your income.

Done! Then you enjoy the products you need. More details on our website.

What are the benefits of a BT Direct loan?

• Simple process and minimal documents, both in agency and online
• fixed interest
• transparent costs

The most common mistakes when taking out a loan and how to avoid them:

Common traps:

• the choice of the maximum amount „for any eventuality”
• underestimating the impact of the monthly rate
• lack of a repayment plan

They can be avoided by:

• clear counseling
• easily understandable information
• realistic assessment of payment capacity

The most frequent questions about BT Direct credit

Q: What type of loan can I take from BT Direct?

A: BT Direct offers various personal loans, from personal loans to financing for specific services. The process is simple: either by appointment in the agency, or through the websites of our partners, or directly in their stores.

Q: Can I apply online for a BT Direct loan?

A: With the Smart Online Credit you can apply at our partners' stores, directly on their website. Come see more here. 

Q: Why is it important to calculate my monthly costs?

A: Because it helps you get a loan that you can afford, without long-term risks.