LATVIA MINI-LOAN

LATVIA MINI-LOAN

LATVIA SMAL LOAN LATVIA MINI-LOAN LATVIA FAST SMALL CASH FINANCE LATVIAN LENDING COMPANY PERSONAL FINANCING MORTGAGE HOME LOAN

In Latvia, a mini-loan is by definition a small loan dedicated to a Latvian borrower who needs fresh money and that is provided by a Latvian lender including Latvian banks and lending companies to assist him financially for his or her project in form little personal loan or mini-mortgage.

In Latvia, the mini-loan consists of a new type of mini-financing existing within the Latvian financing market that helps Latvian consumers to face any payment due such as bills but also to contribute to home financing as down-payment or equity.

In Latvia, the small loan is generally exploited by Latvian borrowers to cover immediate financial obligations such as rent payment or just settle existing debts with Latvian mini-loans granting cash amounts from 200 Euro to 3000 Euro and that are supposed to be repaid after 2 months or 3 months maximum.

In Latvia, the mini-loan is accessible mainly with specialized Latvian lending companies that absorb Latvian borrowers who are rejected by Latvian banks for different reasons including bad credit and therefore take the opportunity to charge exaggerated high interest rates (up to 25 % per year).