Actual information

Myths and Truths About Loans – Common Misconceptions vs. Reality More and more people in Bulgaria rely on loans – whether mortgages, consumer loans, or credit cards. Over the years, we have worked with thousands of clients seeking the best way to finance their dream...

The Euro and Financial Instruments: What Will Change for Banks and Clients? The introduction of the Euro in Bulgaria is planned for January 1, 2026. This has been officially confirmed by the European Commission, the European Central Bank, and the Consultative Council...

Taking out a loan is a major step that carries responsibilities but also a range of rights guaranteed by law. Knowing these rights helps you make an informed decision and protects you from unfavourable terms or unfair practices. Here are the fundamental rights every...

Interview with Vesela Georgieva We are pleased to share wonderful news – Ms Vesela Georgieva, until recently Key Account Manager, is taking on a new role in the company as Business Development Manager at Creditchoice Ltd. With over 20 years of experience in the...

Down Payment on a Mortgage Loan: Realistic Amounts and Expectations Purchasing a home is one of the most significant steps in anyone's life. For most people, it is only possible through a mortgage loan. However, right from the start, a key question arises: what is a...

What is the Difference Between Annuity and Reducing Installments? Both types of instalments are repayment plans that apply to principal and interest, but in different ways. They affect your monthly payment and the total amount paid over the life of the loan....

Why is the choice of interest rate type key? When taking out a loan - especially a long-term mortgage - the choice between a fixed and a floating (variable) interest rate is of paramount importance. The lowest rate is not always the best; it is vital to understand...

Which documents are necessary for a mortgage loan? Applying for a mortgage loan is a significant financial step that requires precise preparation and complete documentation. The Mortgage Brokers at Creditchoice Ltd. simplify the process by providing individual...

Through us, you have instant access to the offers of 16 banks in Bulgaria Creditchoice is a registered and independent credit intermediary in accordance with the requirements of the Bulgarian National Bank (BNB), working with 16 banks in Bulgaria! As a credit...

What stands behind the final price of a home bought with a mortgage loan? Purchasing a home with a mortgage loan is one of the most significant financial steps in any person's life. It is a long-term commitment that requires careful planning and a realistic...

How does credit history influence your chances of obtaining a loan? Credit history is one of the most important factors that financial institutions consider when reviewing a loan application. It reflects the borrower's financial discipline, past repayment behaviour,...

Interview with Antonia Antonova Please introduce yourself and tell us about your professional experience so far. My name is Antonia Antonova, and I am a Mortgage Broker at Creditchoice Ltd. I have many years of experience in consulting and working with clients. I am...