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Alright, so I've got a quick question ; I take

out a loan of, say, €1500,00. With an interest rate of 15.9%, which relates to €19,87 per month.

If I pay back the loan within one month, I'll have to pay the 15.9% at full, but when I repay the loan within two months, the loan will only cost me €39,75, correct ?

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We are unable to provide you with calculations as such, thus, you may refer to the Customer support team over email or live chat. More information regarding loan repayments can be found here: https://support.nexo.com/s/article/loan-repayment

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