LOAN AGAINST AN AUTOMOBILE
In order to receive a loan against an automobile, the physical entity must be at least 18 years old, a permanent resident of the Republic of Latvia, and in possession of an automobile
Loan Conditions:
- possible loan amount from LVL 50 to LVL 5,000;
- possible repayment term from 1 to 60 months;
- interest rate from 3% a month. Interest rate depends on the loan amount and repayment term as agreed on with credit specialists;
- in order to receive the loan, the automobile requires approved technical inspection;
- no additional fees are collected for premature recovery of the loan;
- the automobile remains in the use of the client.
When applying for the loan the following documents must be submitted:
- loan application;
- personal identification document (copy passport);
- automobile’s certificate of registration.
Procedure for executing the loan:
- submission of required documents;
- agreeing upon transaction terms and conditions;
- the leasing company draws up the contract and you agree upon the preferable time for signing it;
- the loan can be received within 1 day’s time.
JSC LATVIJAS INVESTĪCIJAS UN AIZDEVUMI reminds you – borrow responsibly and evaluate your capabilities of loan recovery
Apply for loan →