Companies providing payday loans, short term, and long terms credits in Lithuania, can help you with your financial needs. Each lender has a fixed interest rates, terms and conditions for repayment. Therefore, as with all financial decisions, it is necessary to study the proposed terms well.
Bellow we provide the detailed information about each company, and in our unbiased review of their services, to help you find the best lender, offering the most favorable terms for given loans, depending on your needs.
FinBee is the company that includes not only borrowers but also those willing to contribute their money and receive interest. Due to such a business principle, the loan conditions can be more flexible, auctions (negotiations) are taking place at lower interest rates, which is especially useful for those who want to get a loan. This platform is balanced for those, who want to borrow a bit larger amounts (from 300 EUR) and will not really be suitable for those, who enjoy quick short-term loans or credits. By the way, you have to be patient to allow Finbee employees to analyze your data and find a funder, for up to several days.
The convenience of the Savy platform is that P2P (person-to-person) loans allow negotiating better terms with lower interest rates than from regular loan companies. The Savy platform offers both consumer loans (up to € 19,000) and loans for business (up to € 500,000). Even though this type of borrowing is both more convenient and beneficial to the borrower, you have to keep in mind that the search for an investor may take some time, so the platform might not be suitable for those who want to get money here and now.
"Bobutės paskola" is a quick way if you have a shortage of money and you need to get it fast. It is targeted at amounts up to 4000 EUR, but borrowing is only worthwhile if you need a small loan, because the company calculates relatively high interest rates. The cool thing is that here you will always find great offers, e.g. you can postpone payments or get a first loan of up to 200 EUR for free. Nevertheless, one should be cautious – the company does not remind that the loan repayment term is approaching, and it may take a long time to litigate in a court for delay.
SMSpinigai.lt is a company, offering a wide range of services. Here you can take consumer, SMS loans, pledge a real estate or a car. Fast credits amount to 2000 EUR, and in case of financial difficulties, a payment extension service is available. Still, instant credits are the most popular and most recommended, quick and convenient way to borrow money quickly. Although the first credit is offered for free, it is necessary to take into account conditions that are limited. If you want to take a credit, be sure to check out the terms on their site and weight your options.
TFBank.lt provides consumer credits up to 5000 EUR, so it will be suitable for those who want to receive a loan for a larger amount. Individuals, 22 years old and over, and who have a fixed income, can receive loans, and the annual interest rate can range from ~12.9% to 16.9%. The website clearly states loan terms and it‘s easy to use. You will be able to communicate with the company only on the phone and by email, contracts are made, using courier services. Also, each month there is an administrative fee of 6.9 EUR. If you delay the repayment without informing the bank, the interest for late payment will be calculated in accordance with the law, which is 0.05% for each overdue day.
Vivus.lt is a fast payday loan lender online for people with a fixed income and who want to borrow larger amounts, up to 15000 EUR. Because the financial situation of clients is thoroughly checked, it is not a loan for the unemployed or for students. Although interest rates on a loan are relatively high, they can be regulated by repaying faster. If this is not possible and you know that you will be late to repay, there is always a possibility to extend your loan.
Paskolos.lt has a wide range of loan offers, covering both instant SMS loans and loans with real estate, which can reach up to 100,000 EUR. It is convenient that one repayment can be postponed up to 3 times, but it should be noted that this should be done at least a few days before the set date, otherwise the debt will be transferred to the Debt Collection Department. In the event of any questions or problems, you will have be patient; contacting with consultants and solving problems may take long time.
*We try to keep all the information about lenders and their offers (interest rates, loan duration, etc.) updated all the time, but make sure to check this information on the lender’s page before taking out a loan. And this probably goes without saying: weight your financial situation carefully before taking on any loan; make sure you will be able to repay on time avoiding avoiding extra interest and penalties.
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