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 →


dizains HOFMAN

2012