Sep 30, 2019 14:02
4 yrs ago
Swedish term

frånränte

Swedish to English Bus/Financial Finance (general)
What is "frånränte"?

As in:
Om en frånränta anges i marknadsföringen bör även ett räntespann presenteras.

Proposed translations

16 hrs
Selected

lowest rate of interest

It means the lowest possible, or starting rate of interest being offered. The advertisement should specify the interest rate range, not just the lowest rate.
E.g. instead of an advert saying: We offer interest rates starting at x.xx%, it should say: We offer a range of interest rates from x.xx% to x.xx%.
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4 KudoZ points awarded for this answer. Comment: "Thank you! I like "starting interest rate". Later in the text, there is "den lägsta ränta", so I prefer not to use Lowest."
+3
21 mins

lowest rate of interest

It means the lowest possible, or starting rate of interest being offered. The advertisement should specify the interest rate range, not just the lowest rate.
E.g. instead of an advert saying: We offer interest rates starting at x.xx%, it should say: We offer a range of interest rates from x.xx% to x.xx%.
Peer comment(s):

agree ehnsio
1 hr
agree Deane Goltermann : I liked your explanation ... starting/minimum rate (rates starting at) -- which needs a max rate.
1 hr
agree Adrian MM. : yes to frånränta and not frånränte.
7 hrs
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16 hrs

Interest from...

Often used for credit scoring based offers to consumers in Sweden. Frequently only a fraction of applicants will qualify for this "Best interest". This is why Authorities demands that also a span is shown.
Example sentence:

Ränta från 3,15%

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