Current Euribor Rates
1 Month: 2.487%
3 Months: 2.754%
6 Months: 3.010%
1 Year: 3.222%
Loan calculator
Use this calculator to estimate the cost of any loan: enter the amount, the term in months and the annual percentage rate (APR), and you will see the monthly payment and the total amount to repay. This makes it easy to check any lender’s offer. Lender cards in our catalogue show a range of rates; the exact rate depends on your circumstances and is given in the lender’s personal offer. When comparing loans, always compare the APR rather than the nominal interest rate: the APR also includes fees and other compulsory costs.
Even a few percentage points make a noticeable difference. A loan of €3,000 over 18 months at 15% costs about €187 a month and €3,369 in total; at 25% the payment rises to about €202 and the total to €3,628 — some €260 more for the same money. A longer term lowers the monthly payment but increases the total cost, so choose the shortest term you can comfortably afford. The result is an estimate: the lender’s contract and its standard information sheet always show the exact figures.
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Requirements for getting a loan
Requirements differ from lender to lender and from country to country, but most online lenders in Latvia, Lithuania and Estonia ask for broadly the same things. Before applying, check that you meet the basic conditions below — this saves time and avoids unnecessary refusals, which can also be recorded in credit bureau databases.
- you must be of legal age; the minimum and maximum age differ from lender to lender and are shown in each lender card;
- you must be a citizen or hold a residence permit in the country where you apply; some lenders also require you to have lived there for a minimum period;
- you need a bank account in that country: in most cases your identity is confirmed through online banking;
- some lenders ask for a mobile phone number registered in the country;
- to sign the contract remotely, you need an electronic signature or online banking login;
- you need an email address;
- you need a regular, verifiable income;
- you should not have unpaid debts in a debtor register, although some lenders accept applicants with existing debts.
Every lender also checks your creditworthiness: income, existing loans and payment history. In Latvia, Lithuania and Estonia lenders use credit bureau data and are required by law to lend responsibly, so a positive decision is never guaranteed. Each lender card in our catalogue lists the age limits, amounts and terms of that company, which helps you choose offers that fit your situation before you apply.
