Effective interest rate is not a variant of interest but a model of explanation. It is a way to show the total cost of a credit or loan. The effective interest rate, therefore, includes other costs that the lender adds to the credit beyond the interest rate, such as invoice fees. The effective interest rate can be based on either a fixed or a variable interest rate.
Warning about fraudulent SMS messages in our name
We want to alert you that fraudulent SMS messages claiming to be from Sileo Kapital, our former company name, are currently circulating. These messages may contain links or urge you to call a specified phone number. We want to make it clear that these SMS messages are not from us, and we strongly advise you not to click on any links or call the listed 08-number.
If you are unsure about a message you have received, please contact our customer service through our official communication channels.