Interest-free credit from 19 years

This means that the customer repays just as much money as he was borrowed. Such a loan is available to both bank and non-bank lenders. Bank creditors also offer credit cards with an interest-free credit limit to their customers without normal consumer or mortgage loans. Such credit cards in Latvia can be received by DnB, Swedbank and SEB banka customers. The supply of non-bank creditors is different.

Since most non-bank lenders are issuers of quick loans, interest-free loans are offered on the first borrowing. Unfortunately, it is not possible to get an interest-free loan at this age. All lenders require customers to be at least 20 or 21 years of age after a decision.

Interest-free loan at the age of 19

Interest-free loan at the age of 19

This does not exclude the possibility of obtaining an interest-free loan at the age of 19, as it can be done in several commercial banks of Latvia by drawing up a credit card with an interest-free credit limit. Credit cards offered by banks with an interest-free credit limit may initially seem like a very complicated matter that requires a lot of effort.

However, understanding the principles of such a credit card suggests that it is not at all. For example, the Swedbank card has an interest-free period. It requires no interest to be refunded for current monthly expenses or purchases – the amount of money spent on any given day of the month must be credited back to the last day of the month. An interest payment is due for the following month for each subsequent day.

These cards have a number of benefits

These cards have a number of benefits

Such as discount in stores, insurance against damage and theft, the ability to pay in Latvia and abroad without commission and the possibility to withdraw cash worldwide. To obtain such a credit card you need a passport, at least 18 years of age with a positive credit history and a regular income of at least 250 Euros after tax. It also requires income or regular transfers to your bank account.

If not, they must be provided within the first months of receipt of the card. These cards have a number of benefits, such as discount in stores, insurance against damage and theft, the ability to pay in Latvia and abroad without commission and the possibility to withdraw cash worldwide. To obtain such a credit card you need a passport, at least 18 years of age with a positive credit history and a regular income of at least 250 Euros after tax.

It also requires income or regular transfers to your bank account

It also requires income or regular transfers to your bank account

If not, they must be provided within the first months of receipt of the card. These cards have a number of benefits, such as discount in stores, insurance against damage and theft, the ability to pay in Latvia and abroad without commission and the possibility to withdraw cash worldwide. To obtain such a credit card you need a passport, at least 18 years of age with a positive credit history and a regular income of at least 250 Euros after tax.

It also requires income or regular transfers to your bank account. If not, they must be provided within the first months of receipt of the card. at least 18 years of age with positive credit history and regular income of at least 250 Euros after tax. It also requires income or regular transfers to your bank account.

If not, they must be provided within the first months of receipt of the card. at least 18 years of age with positive credit history and regular income of at least 250 Euros after tax. It also requires income or regular transfers to your bank account. If not, they must be provided within the first months of receipt of the card.

 

 

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