GCC Capital AB (Brocc Finance AB)

GCC Capital AB, previously operating as Brocc Finance AB, is a Swedish consumer credit company focused on unsecured personal loans to private individuals. It conducts credit assessments using Swedish credit bureaus and identity verification via BankID, applies risk-based pricing, and typically offers fixed-rate amortizing loans with monthly repayments by autogiro. The company is subject to Swedish consumer credit legislation and supervision by Finansinspektionen, provides pre‑contractual information (SECCI), and allows early repayment with interest adjustment according to local rules; arrangement, monthly administration, reminder, and late fees may apply, and default interest can be charged in case of missed payments. Eligibility generally requires being of legal age, registered in Sweden, demonstrable income, and a credit profile that meets the lender’s underwriting criteria; applications and contract signing are completed online, and approved funds are paid to the borrower’s bank account. GCC Capital AB is not a bank and does not offer deposit accounts covered by statutory deposit insurance; it funds lending through corporate financing rather than insured retail deposits. Customer service is available through standard channels during business hours, and complaints can be escalated internally and, if unresolved, to the Swedish National Board for Consumer Disputes (ARN); consumers may also contact municipal consumer guidance or relevant authorities for advice. As with any unsecured credit, total borrowing cost depends on the offered rate, fees, and term, and missed payments can lead to collection measures and negative credit reporting; prospective borrowers should review the lender’s current price list, representative examples, and contract terms before committing.