Of course, every second borrower thinks that if he takes 300 €, he will easily pay it back in one month with a real monthly income of only 400 €. First, never be so self-confident about money-related things, because you can’t know what’s going to happen in a month and there’s no good reason to spend half your salary a day. But be honest with yourself – if you had everything so smooth you wouldn’t borrow money.
It is very important to consider all the cases that can happen within a month, and you have to plan your monthly budget very carefully if you want to repay the amount you have borrowed without any unnecessary loss of money.
However, it is most secure to borrow small amounts of money, such as a third of your regular income
It will be much easier to repay. Or, take advantage of a quick, long-term loan online that can borrow the same € 300 for a much longer period of up to one year. Unfortunately, you will have to pay interest on using it, but you will be absolutely certain that you will not be suspected of not being able to repay it in a month
Be honest with your lender!
If you give the wrong income, it can drive you into debt. Many lenders fix your income, this is because lenders risk their money by lending it to you. They check your income to be sure that you will be able to repay the amounts you have chosen.
More often than not, they require a printout from your account, and if the money transferred to your account is used further as some kind of machination and it’s not your real income, you may have quite a bit of a problem repaying the loan.
To avoid this, you need to provide the right details, it will be easier for you as the lender will not allow you to “get on with” the borrowing. Be honest with the lender!
Look for the best deals from lenders – free loans online!
Everyone has already come across fast free loans – smscredit.lv, opencredit.lv, minicredit.lv etc. There’s more and try not to miss the opportunity to get a free loan directly, it will give you the opportunity not to overpay for the money used. In case you have used up all the free loans, we recommend using our comparator to find the cheapest lenders. We created this calculator just for you. Our main task is to keep the Latvian population fully informed of any changes in the field of Internet credit.
By following these tips, you will never be in a debt pit. Use our page as a basis for your knowledge. But most importantly, be honest with yourself and those around you. When borrowing, consider all options for repayment.If you need more than € 500 – use consumer credits.
Fast loans can be both small and large – consumer loans
What’s a good consumer credit for ?! With everything except interest! But if you carefully evaluate how much you will pay for the loan extension or penalty interest, then consumer credit is profitable with everything! Starting from the fact that you can borrow the amount you need with a repayment term of up to a few years, up to a percentage lower than the big banks themselves. With consumer credit, you are ensuring a peaceful life cycle.