Daily Archive: December 2, 2019

Loans for bad credit online -Get a quick and easy online loan for bad credit

Get a quick and easy online loan for bad credit

Loans for bad credit on the Internet can be applied relatively quickly. This could be particularly useful if you need money for unexpected purposes: some purchase or paying bills, or another option when you need cash urgently. Fast credits can be applied online within 15-30 minutes, depending on the lender’s ability to process credit applications.

Online loans for bad credit also offer longer repayment periods, for example, from 62 days to 3 years. If there is an opportunity to repay the loan early, fast loans offer such an option without paying penalty interest.

To apply for a quick and easy online loan for bad credit you need to visit Purple website. You need to fill out an application form. The process is not complicated.

Fast loans offer relatively small amounts of money to borrow. When borrowing for the first time, the amount of money is limited, however with a 0% commission or first payment starting from the 3rd month. A certificate of employment or a guarantee for quick loans is not required for loans up to $ 215.

Quick loans are available to residents of Latvia who are at least 18 years of age (subject to the lender’s regulations) and have a regular monthly income. Negative credit history is not available to clients with a negative credit history, but each client is assessed individually by lenders.

Loan applications are processed and, upon receipt of a positive response, money is transferred only during the lender’s business hours. Since many fast credit lenders work 7 days a week, we can say that fast credit is available at any time if you need to borrow money.

Consumer credit

Consumer credit

Want to get a loan of up to 10,000 USD cheap and fast? We know lenders who lend consumer loans online. Consumer credit information is available on the website and may help you to choose the fastest and best lender!

With a consumer credit, a customer can buy goods or services today, but pay later, paying monthly. It is an opportunity for the customer to buy a better quality product or service. There are a number of lenders of consumer loans in Latvia, with different loan amounts, repayment terms, and interest rates.

Compare and choose a lender that offers the best consumer credit on the internet!

Why choose a consumer loan?

Why choose a consumer loan?

A consumer loan is a long-term loan, which means it is a great solution if you want to borrow more money and repay it each month. Consumer loans offer a repayment term of up to 6 years. The consumer credit can be repaid early without penalty. Detailed information on each lender’s website.

A consumer credit can be drawn up relatively quickly, on average, within one business day. It depends on the lender’s ability to evaluate loan applications.

What is a car loan, car leasing?

What is a car loan, car leasing?

A way to buy a car or get cash against it. Financing is determined by the market value of the car, low interest rates up to 7% per annum.

Using a car lease or car loan, you can buy a car and pay later. Lenders may require the borrower to pay down a down payment of an average of 10% of the market value of the car. Occasionally, car dealers offer to take the old car as a down payment.

Monthly payments are made when you opt for a financial car lease, which pays the amount of the purchased car, resulting in the purchase of the car.
Operating car leasing is a long-term car rental with the option to purchase a car after the lease term for the residual value.

A car loan is an opportunity to buy a car by borrowing money from a credit company. The maximum loan amount is determined by the lender based on the market value of the car. There are several loan companies in Latvia that lend money for the purchase of new and used cars.

Car credit in one day

There are a relatively large number of lenders in Latvia offering to buy a car loan or get money against a car collateral. It is not possible to apply for a loan if the car is already on loan or leasing. However, if the loan or lease is low, it is possible to get a new loan that can be used to pay off the remaining loan or lease.

An auto loan is mainly available up to 90% of the car market value. Maturity up to 72 months.

There are no restrictions on a car loan, car make, color, etc., but the car cannot be more than 20 years old (see lender terms).

Choose the most convenient type of credit and fill out an application online or by visiting a lender. In case of a positive answer, a loan agreement must be signed.
It can take several hours to process a car loan, but the money is transferred on the same day as the credit agreement is signed.

Who can get a car loan?

To apply for a car loan, you must be at least 18 years old with a valid Latvian citizen’s or non-citizen’s passport, a permanent job and a regular monthly income. However, not all lenders provide loans to individuals over the age of 18, more information on each lender’s website.

Credit consolidation

When I borrow a quick loan, I think I’ll be able to repay it in a month. However, everyday things are different, and in most cases, they choose to extend the repayment term. Most lenders offer to extend the repayment term as many times as you want.

And the situation is that it is easier to extend the repayment term as the loans are repaid. The result is not a pleasant one, so combining credits is one way to pay off several quick loans.

Combining credits is easy!

Combining credits is easy!

When applying for a loan, you need to fill out an application and provide all the information required by the lender, including any quick loans taken and their amounts.
Upon receipt of a loan application, you will be contacted by a credit specialist to clarify the information required (additional bank account statements and workplace statements may be required).

You will receive a response within one business day. If the answer is yes, you will need to sign the contract. Only after signing the contract will the lender transfer the money to the fast loans.
What else is important to know? The lender may charge you a lump sum for issuing the loan. Its amount is determined by the loan amount.

Finally, there is the opportunity to pay off the quick loans

Finally, there is the opportunity to pay off the quick loans

Credit consolidation is a successful solution, so that you do not have to extend the loan repayment term every month. Now you can pay only one monthly payment!

The process of receiving loans

The process of receiving loans

The online application process allows you to get paid fast, even on the go or home.

  1. The offer.
  2. Application.
  3. Testing.
  4. Credit received.

Borrow responsibly

Borrow responsibly

Before you borrow a loan, compare lenders at annual interest rates that cover all of the total cost of the loan, including interest and other amounts. Only evaluate and apply for credit if you can afford it!


Penalties or penalties

Online loans for late payment can require a penalty ranging from 0.1% to 1% of the total amount of late payments for each day of delay. Some lenders charge money for a reminder letter and / or a one-time penalty payment in addition to the penalty payment if the credit is overdue. The exact cost of the delay can be found on each lender’s website, in the terms of the contract and / or by contacting the lender personally. Failure to make payments can cause serious problems and affect your credit history, making it difficult to obtain new credit. In the event of default, the lender may institute debt recovery proceedings or assign the claims to third parties.

What is the annual interest rate

What is the annual interest rate

The annual percentage rate of charge or APRC is the total cost of the loan expressed as a percentage, including all costs up to the date of receipt of the loan, calculated in accordance with the Cabinet Regulation of the Republic of Latvia of 28.12.2010. Regulation No. 1219. GPL does not include any charges payable for defaulting on a credit agreement. More information can be found in the Special Regulations of the Cabinet of Ministers of the Republic of Latvia “Consumer Credit Regulations” or on the website of the creditor.

Example: When borrowing $ 300 for 90 days with a credit extension, the commission is $ 71.41, the APR is 269%, the total repayment is $ 371.41.

The minimum APR is 8.9% and the maximum APR is 429.46%. Loans from $ 50 to $ 15,000 for a period of 62 days to 72 months.