Actual information
Which is the Best Bank
Which is the Best Bank for Mortgage and Consumer Loans? When considering a loan, the first question that logically arises is: "Which is the best bank?" The truth is that there is no universal answer to this question, as the "best" institution depends entirely on your...
Fixed or Floating Interest Rate
Fixed or floating interest rate for housing and mortgage loans – which one should I choose? Interview with Maria Petkova, Owner and Manager of Credit Choice Ltd.
Full List of Documents for a Bank Loan
How to Prepare Successfully? Applying for a bank loan—whether consumer, residential, or mortgage—requires serious preliminary preparation and a precise set of documents. Good organisation is crucial, as the absence of even a single document can lead to unpleasant...
Financial Security and Preparation for Bank Loans
How Preparation Increases Financial Security in the Bulgarian Lending Market Financial strain rarely arises at the exact moment a loan agreement is signed. In most cases, stress results from a lack of clarity, incomplete information, or the need to act hastily. This...
New Key Account Manager
Interview with Plamena Miteva The newest Key Account Manager at Creditchoice Ltd. Plamena Miteva joined the Creditchoice Ltd. team in 2024 as a Credit Consultant. She quickly established herself as an exceptional professional, distinguished not only by excellent...
Why More and More People Choose a Credit Intermediary
What changes when you are not alone in making the decision A decision regarding a loan is rarely taken lightly. Whether it is purchasing a home, refinancing, or making another major financial move, it is a commitment that lasts a long time. That is precisely why the...
The Euro and Mortgage Loans in Bulgaria
A Practical Perspective from Creditchoice Ltd. – a BNB-Registered Credit Intermediary As of January 1, 2026, the Euro is the official currency of Bulgaria. For many, this is a significant transition, especially for those holding a mortgage or planning a home purchase....
How Long Does it Take to Get a Mortgage Loan Approved and Disbursed?
Taking out a mortgage loan is one of the most significant steps in the financial life of anyone dreaming of owning a home. One of the most frequent and important questions we receive from our clients is: “How long will it all take, from application to the disbursement...
Successfully Completed BNB Audit
Successfully Completed Audit by the Bulgarian National Bank under the Consumer Real Estate Credit Act.
Debt-to-Income Ratio
What is the Acceptable Debt-to-Income Ratio? At Creditchoice Ltd., we work daily with people dreaming of their own home or better terms on their mortgage loan. One of the most frequent questions they ask us is: "What portion of my income should ideally go towards the...
Specifics of Purchasing an Atelier
Specifics of Purchasing an Atelier in Sofia The real estate market in Bulgaria offers not only classic apartments but also so-called ateliers—properties with a specific legal status often used for both creative activities and residence. Address Registration in...
BNB with Changes in the CCR
BNB with Changes in the CCR: A More Secure Market and a New Role for Credit Intermediaries The Bulgarian National Bank (BNB) is introducing important changes to the Central Credit Register (CCR) effective from 2026, aimed at limiting abuses and increasing consumer...