Best consumer loan for family needs
Consumer credit is a short-term loan designed to cover a specific purchase or service.
The purpose of consumer credit is diverse – from purchasing home appliances and home repairs to a fine leisure trip.
Just like a quick loan, a consumer loan is granted without a pledge.
But the credit is provided taking into account the amount and stability of the monthly income of the applicant. Consumer credit is intended for persons with a stable income for a period of at least six months. The amount of regular income will dictate the amount of interest and loan.
So, important criteria for getting consumer credit:
- Regular income;
- Positive credit history;
- Consumer credit bank customer;
In Latvia, banks offer consumer loans ranging from 100 to 8500 lats. With a repayment term of 3 to 60 months. Bank consumer loan offers an opportunity to borrow from 200 to 7000 lats at an annual interest rate of 25%. Bank offers a return period of 6 to 60 months and up to 120 months for existing Bank customers
Companies offer a favorable consumer loan without a pledge, which allows you to settle the loan throughout Latvia – at a credit department or at a partner. Lenders offers consumer credit for a variety of goods and services to businesses and individuals. The purpose of applying for a loan can be very different – from home appliances, travel to purchasing medical equipment.
Terms and Conditions for Consumer Credit:
- Consumer credit can be obtained by any resident of the Republic of Latvia.
- Age of borrower: 18 to 70 years *.
- Loan amount: from 50 LVL to 3000 LVL.
- Consumer loan term: up to 3 years.
* up to 70 years at maturity
* From 18 years the maximum loan amount is 500 Ls
To apply for consumer credit, you must complete the application on the lender’s website.
If you are granted a loan, you need to go to the credit department to sign a loan agreement and get a loan.
lenders and its partners offer interest-free loan promotions – consumer credit free of interest up to a year! A good prerequisite for getting a step closer to your goal!
Persons with regular incomes also need to assess the need for and repayment before taking out a loan. But why not take the opportunity to fulfill your dreams and dreams right now?