Consumer credit enables achieving more because it helps achieve goals and turn plans into reality.
Consumer credit is suitable in cases when you need a certain amount of money for a specific purpose or purchase such as housing improvements, travel or tuition fees. The loan can be used right away in full or over a comparatively short period of time in parts. The loan is available in LVL or EUR. The amount of consumer credit available depends on your regular income, existing loan commitments and your credit history.
Consumer credit is repaid according to a payment schedule. This lets you plan your monthly expenses and set aside the amount necessary for repayment.
Advantages:
- Readily available on Swedbank Internet banking site. If you sign a new consumer loan contract via Swedbank Internet banking site, you will receive a 25% discount on the fee.
- The money is transferred to your account right after signing the contract;
- A longer loan repayment term means smaller monthly payments.
- The loan is available in LVL or EUR currency from LVL 200 or EUR 2000;
- Easy planning of expenses as the loan is repaid according to a payment schedule;
- Loan obligations may partly be shared with a guarantor.
- The amount made available may be used:
- in paying by card in shops or online without any additional commission fee;
- in withdrawing cash from Swedbank’s and other ‘friendly’ ATMs free of charge;
- in making payments at our branches or Internet banking with 24/7 availability.
Requirements:
- Passport;
- You must be at least 21 years of age, have a positive credit history and regular net income of at least LVL 180 (LVL 300 in case of an EUR loan);
- New clients who do not have regular transfers into their account with Swedbank qualify for a loan of up to LVL 500. If, at the time of lending, you are not earning income or having regular transfers in the amount of salary to your account with Swedbank, you must ensure them in 3 months’ time.
Applying
You can apply for the consumer credit via Swedbank Internet banking, by calling 67444444, or at any Swedbank branch.
