Two figures can sit next to each other in a contract and describe different things.

We selected six genuine gaps in the Kreditano guides. The definitions come from GEO 50/2010, while the numerical example uses the BCR document checked in 2026. Read the separate APR guide for the percentage mechanics.

Creditor and credit intermediary

The creditor grants or promises the credit as part of its professional activity. An intermediary presents agreements, helps prepare the application or concludes an agreement for the creditor, but is not automatically the party lending the money.

The distinction is checked through the legal name, not the page logo. Our institution checker looks for that name in the available registers and keeps the result separate from the commercial offer.

Total amount of credit and total amount payable

The first is the ceiling or sum made available. The second adds the credit amount and the consumer's total cost.

In the BCR example stored in our register, the amount used is 30,000 lei and the published total is 40,695 lei. The 10,695 lei difference should not be called interest without the document's breakdown because the total may include other costs.

Fixed and variable interest

A fixed rate remains the agreed percentage for the period stated in the contract. A variable rate may change under the formula and dates written in the contract, usually through an index plus the creditor's margin.

Roman Dumitrescu, former BCR analyst: “I read the formula and the next change date first. The word variable does not reveal the future payment by itself, while fixed does not reveal which fees sit outside the interest rate.”

Authorised overdraft

This is credit attached to a current account. The creditor allows funds to be used above the available balance, up to the approved limit. It is not the same as a negative balance tolerated without an explicit agreement.

Durable medium

This is a medium on which personally addressed information can be stored, consulted later and reproduced unchanged. A PDF delivered in an account or by email may serve that purpose. A changing web page that cannot be saved does not provide the same evidence.

Right of withdrawal

For consumer credit agreements, the general rule allows withdrawal within 14 calendar days without giving a reason. The consumer returns the amount drawn and the interest for the days the money was used, under the conditions and deadline set by law.

The right does not cancel the cost of money already used. Read the agreement, the pre-contract form and proof that the notice was sent together.