Citizens prefer credit companies that offer the first free loan. Such cash loans – cheap, fast, easy and convenient – are offered by several credit companies. Quick loans free of charge – available at first borrowing. They are offered to new clients of credit companies who have not used the services provided by the lender so far.
Loan that does not exceed 100 – 200 USD for the first time is available
How Big Are Quick Loans Free? If the borrower is a new client, a loan that does not exceed 100 – 200 USD for the first time is available. Loan amount – depends on the lender selected, the person’s credit standing and borrowing time. For the first time, a relatively small amount of money is available, which is raised if you borrow again.
How long is this free loan for? For a relatively short period of time, the first quick credit usually has a repayment term of up to 30 days. It is possible to repay the loan sooner or later, provided you make the necessary extension payment. An extension payment provides an opportunity to defer credit repayment until the borrower is assured that the repayment will not lead to a repeated shortage of funds.
Credit company has an age limit that can be between 18, 19, 20 or 21
Quick loans are available to residents of Latvia who have reached the required age and have adequate income to repay the loan. Each credit company has an age limit that can be between 18, 19, 20 or 21.
Zaloan – From 21 years:
- First time loan – up to 100 USD!
- Credit repayment term up to 45 days;
- It is possible to defer credit repayment by making an appropriate extension payment for the credit.
MMS Credit – 18+:
- First credit free – up to 200 USD!
- Credit repayment term – up to 30 days;
- It is possible to extend the loan repayment period at a relatively favorable price.
Boho Credit – 18+:
- First free loan – up to 150 USD!
- Refund time – up to 30 days;
- It is possible to defer credit repayment by making an extension payment.
Borrower’s credit history and creditworthiness are also taken into account
In addition to the age limit, the borrower’s credit history and creditworthiness are also taken into account. Loans are granted to individuals who have outstanding debts to other companies and whose income will be adequate to repay the loan. It is important that credit does not add to the already precarious and precarious economic situation – meaning that credit is only suitable if the shortage of money is of a temporary nature. The credit is quite suitable, for example, before the salary or other income.
Often, the first loan is free and determines whether the person will decide to apply for the loan. Review the TOP lenders in the loan comparison table . Be sure that the loan will not only be quick, but also beneficial and infinitely convenient.