The Bulgarian National Bank’s Governing Council licensed BEST Capital Bulgaria EAD as a credit servicer after finding that it had met the applicable documentation and regulatory requirements, authorizing it to collect or recover payments, renegotiate credit terms under a credit purchaser’s instructions where it is not acting as a credit intermediary, handle borrower complaints and notify borrowers of changes in interest rates, fees or payments due.
Bulgarian National Bank licenses BEST Capital Bulgaria EAD as a credit servicer
The Bulgarian National Bank licensed BEST Capital Bulgaria EAD to service credit agreements, including collecting payments, renegotiating terms, handling complaints and notifying borrowers of changes to rates, fees or amounts due.