Updated on 2 December 2020
BNP Paribas Personal Finance operating in France under the brand name Cetelem provides a comprehensive range of consumer loans from personal loans to revolving credit with or without a credit card and from car loans to mortgages. BNP Paribas Personal Finance also offers its customers a range of competitive solutions, including insurance products, pensions and savings.
Founded in 1981 Carrefour Banque is a banking subsidiary of Carrefour Group (France). Carrefour Banque provides retail banking and insurance products including current accounts, credit cards, personal loans, revolving loans, savings, home, car and health insurance. Carrefour Banque offers its products in Carrefour Group store and via the Internet.
YOUNITED (Younited Credit) is a French credit institution, specialized in providing a broad range of consumer finance solutions. YOUNITED offers consumer loans, car loans, and credit cards. YOUNITED was founded in 2009 and was previously known as PRET d'UNION.
France: This product is offered to French residents only. When clicking on the product link you will be redirected to the product page in French.
Car loans are secured or unsecured loans provided to customers for the purpose of purchasing a new or used car. Used cars private purchases are financed as a rule with unsecured loans, while the purchase of new cars - via secured loans with the car used as the loan collateral. In terms of repayment, car loans are normally installment loans (i.e., such a loan is repaid in equal installments until the loan is paid off at the end of its term).
The table above shows essential details of selected car loans offered to retail customers by the banks in France: currency, effective rate per annum and loan term in months. The car loans terms vary from 1 month to 10 years (120 months). The effective borrowing rates are within the range 1.00 - 6.00 %.