If you have taken out a quick loan, you should be aware that when you first borrow from a creditor, the loan is usually free of charge, ie you need to return the same amount as you borrowed. This principle has been followed for many years by practically all non-bank creditors working in Latvia, however, the time has come for changes, this time offered by Good Finance Bank and until May 15 by Good Credit credit.
This spring you have the opportunity to borrow, pay back, and then apply for a credit limit, which will also be granted to you at no interest. What does it mean? This means that you have 2 loans available for free or repay as much as you borrow!
The first step is to apply for fast credit
If you find yourself in a situation where you urgently need additional funds, fast credit can be one of the most convenient ways to solve such a situation. Good Finance Bank offers its new clients the opportunity to borrow from 10 to 350 USDs with fixed repayment terms of 15 or 30 days. To apply for such a loan, you must:
- Fill out a loan application form with Bank, including information about yourself;
- Transfer of 0.01 USD registration or identification fee to bank account;
- You need to wait for your loan application approval.
Step Two – Repay the Quick Credit
If you want to get 2 loans free of charge, one of the most important conditions is that you have to repay the loan taken in due time – after 15 or 30 days. Since you will apply for your first loan free of charge, you will be required to return the same amount you originally received from Bank after the deadline.
Step Three – Apply for a Credit Limit
Once you have taken out the quick credit and successfully returned it, you will be able to apply for a credit limit if necessary. Bank offers this loan to new clients for USD 1000 and has a repayment term of 30 days. You can use the credit limit all at once or in installments. To apply for a credit limit, all you have to do is fill out an application form, indicating how much you want to borrow, and wait for the confirmation that Bank’s credit specialists will send to you via SMS within about 10 minutes.
Step Four – Repay your credit after 30 days
2 interest free loans will only be granted to you if you are able to deal with your credit obligations on time. So, if you give back the credit limit after 30 days, you will not be charged a commission or interest on using such a loan and you will be able to repay it as much as you have borrowed.
All credit obligations are very serious, so before applying for 2 interest free loans, evaluate their need and your ability to repay such loans on time!