Where and how to borrow

The question of where and how to borrow could provide several answers. First, if we find ourselves in a situation where we need extra money, we can turn to our closest people – family and friends.

If the circle of acquaintances cannot offer you the help you need, you should turn to credit companies that provide smaller and bigger loans.

Quick credit is a loan that is available on the internet

Quick credit is a loan that is available on the internet

The amount of the cash loan will depend on several factors:

  • Selected credit companies;
  • Your age, credit history and creditworthiness;
  • Borrowing times (borrowing again increases the amount of credit available).

For the first time, fast credit is on average 150 to 200 lats . If you borrow again from one lender, you will be offered a higher loan amount. The maximum amount of fast credit available on the Internet – up to 1000 or 1500 lats.

Fast credit is also called short term loan because it is possible to borrow for a couple of days or weeks . But if you borrow a relatively larger amount of money – the loan can be drawn up for up to 24 months .

The first credit with several credit companies is offered free of charge . New customers borrow up to 30 days . During this period, the cash loan may be repaid more rapidly or deferred. An extension payment is required to defer credit. This payment can be postponed as many times as needed, so an unlimited number of times.

Quick credit is quick – you don’t have to invest time,

Quick credit is quick - you don

For example, to complete formalities. No pledge or guarantee required ! There is also no need for a certificate from the workplace, which means that the loan is also available to non-employed persons.

Fast credit companies offer cash loans to individuals over the age of 18. Other lenders only give loans to persons over the age of 19 or 20.

You do not need a compulsory job to get a quick loan, but you must have an income that can repay the loan . This means that the lender evaluates the creditworthiness of the loan applicant – the amount of income. After evaluating both income and credit history, the lender can make a decision about granting the loan .

SMS Credit

  • If you borrow for the first time – up to 200 lats will be free of charge!
  • The loan is issued with a repayment term of 30 calendar days. It is possible to extend this term at Sms Credit for a relatively favorable fee;
  • From the third time you can borrow up to 400 lats;
  • Sms Credit offers instant loans to Latvian residents aged 18 to 75;
  • At Sms Credit, you can also get cash loans from people who already have some quick credit with another lender;

Good Credit

  • If you are a new client of the company, you will have access to free credit up to 150 lats;
  • The loan is issued with a repayment term of 30 calendar days. It is possible to extend this term at Sms Credit for a relatively favorable fee;
  • The maximum loan amount will be available to you from the fourth borrowing – 350 lats ;
  • Good Credit loans are granted to Latvian residents aged 18 to 65.

How to borrow?

bank

1) Choose a credit company;

2) Register on the credit company’s website;

3) Apply for the cash loan you need;

4) Get a response from a credit company – granted or denied credit.

The registration process is simple and takes only a few minutes. Provide the necessary information and, at the end, register your bank account – a transfer of 1 santim to the lender. After successful registration, the lender will inform you whether the credit will be granted. In the event you receive a refusal, it will be based on a non-compliance with any of the requirements set by the credit company. If you get a positive decision that the credit will be granted – the money will be credited to your account within 10 to 15 minutes! Borrow wisely and responsibly!

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