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 in our name
We want to make you aware that fraudulent SMS messages claiming to come from Sileo Kapital, our former company name, are currently circulating. These messages may contain links or instructions to call us on the provided phone number. We want to clearly state that these SMS messages do not come from us, and we strongly advise you not to click on any links or call the listed number.
If you are unsure about a message you have received, please contact our customer service through our official communication channels.