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 Sent in Our Name
We would like to make you aware that fraudulent SMS messages claiming to be from B2 Impact are currently circulating. These messages may contain links or encourage you to contact us using the phone number provided in the message. We would like to clearly state that these SMS messages are not sent by us, and we strongly advise you not to click on any links or call the specified phone number beginning with 0737.
If you are unsure about a message you have received, please contact our Customer Service through our official contact channels.