Debt Consolidation Payday Loans -Era-Ard.Org Uncategorized Criteria for Internet Credits

Criteria for Internet Credits



The credit industry is one of the spheres in which to meet certain criteria – credit is granted only in case of unambiguous compliance. Since the evaluation of potential customers in the banking lending sector is much more scrupulous and detailed than in the non-bank lending sector, the initial precondition for potential customers to meet is not much – the most serious work begins when a person has applied for a loan – then everything that is interesting and important. is clarified and evaluated.

Contrary to what happens in the non-bank lending sector

Contrary to what happens in the non-bank lending sector

There are many initial prerequisites, but the human appraisal process after applying for a loan is superficial and general. This attitude to the evaluation of potential clients is not explained by neglect and irresponsibility, but by the technological barrier created by the virtual login on the Internet – only the information required in the electronic application can be evaluated, and it is not possible to ascertain the veracity of the indicated information. These credentials are individually assessed by each lender, but their basic principles and guidelines are very similar.

Less unified as all non-bank creditors

Less unified as all non-bank creditors

These preconditions are more or less unified as all non-bank creditors licensed by Latvia have merged with the Latvian Bank of Non-Banks Lenders, whose members operate on the same standards and philosophy, purposefully pursuing honest and responsible commercial practices.

The main criteria that any potential customer must meet are residence, age, solvency, or credit standing, bank account, electronic communication capability, credit history, and current credit obligations. For example, we will look at the terms and conditions of our non-bank lenders popular in Latvia for their potential customers. Credit24.lv client must be:

  • A citizen or permanent resident of the Republic of Latvia with an unlimited residence permit;
  • 18 to 70 years old;
  • Regular, loan-adequate income;
  • One bank account registered with Latvian commercial banks;
  • Email address;
  • Active mobile phone connection;
  • Passed debts to other creditors and to Credit24.lv.

Good Finance customer must have:

Good Finance customer must have:

  • A citizen of the Republic of Latvia or a non-citizen with a permanent residence permit;
  • Aged 20 years old;
  • Declared and current address of residence in the Republic of Latvia;
  • Permanent mobile phone connection;
  • One bank account registered with Latvian commercial banks;
  • Positive credit history;
  • Regular, loan-eligible income.

In conclusion, one of the main preconditions that potential customers must meet is a sense of responsibility. Before making any credit commitments, be responsible for your personal loan repayment!

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