If you run a business in your home, the home loan installment may be classified as the cost of doing so – but not the whole. Interest is at stake in the amount corresponding to the share of “company” space in the total area of the property. To qualify the loan as costs, certain conditions …
A cash loan? Watch out for the commission!
The anti-usury act has been in force in Poland for several years, which limits the amount of interest charged in the case of a loan or credit agreement. Today, the maximum remuneration for borrowed capital may not exceed 16 percent. per year. This does not mean, however, that the most expensive cash loan carries only …