Monthly Archive: October 2019

Loan – Credit line

Loan is one of the oldest financial services

Loan is one of the oldest financial services

Although a loan is one of the oldest financial services, the way it is issued and received, as well as the terms and conditions, are constantly changing, keeping pace with the times and wishes and needs of modern people.

One of the most modern types of loans is the credit line, which is widely known in many countries of the world and is gaining popularity also in Latvia. A credit line could also be compared to a virtual credit card, which allows you to borrow just as much money as you need at any given time, within the credit limit granted to you .

The best thing about a credit line is that it is currently offered by no-nonsense lenders at no extra cost. It’s a month, but a month is long enough to understand how the credit line worked. This offer is similar to the first credit offer, as you will only need to pay back the amount taken – no interest and no commission.

Why Choose a Credit Line?

Why Choose a Credit Line?

There are many reasons to choose a credit line. Here are just a few of the most popular reasons to choose a credit line.

  • Credit limit up to 3000 USD;
  • The credit limit amount may be used in whole or in part;
  • Examination of application free of charge;
  • First credit line free of interest;
  • If the money is not withdrawn, no payment is required;
  • Credit line repayment term up to 24 months.

Applying and approving a credit line application 

Applying and approving a credit line application 

Apply and see how profitable it is to borrow through a credit line. Don’t be afraid because applying and approving a credit line application do not oblige you to borrow. Apply and find out your credit line limit so you don’t have to put your head where you need to borrow.

Unlike a credit line or a consumer credit line, you can use a credit line at any time after it is drawn up, and interest payments on the loan are only charged for the amount of money spent, meaning that the loan is payable only when it is used.

Thanks to specially designed loan terms, the credit line can serve as a security cushion for emergencies. In case of unexpected expenses, the amount of money you need will be ready for use – without unnecessary stress, bureaucracy and other hassle, and you will not have to pay for it while the loan is in use.

You can apply for a credit line here on the Internet by filling out an application form developed by a lender. Upon receipt of the application, the lender will evaluate the application received and provide an answer regarding the amount of credit limit and approval or rejection of the loan application.

This loan can be drawn up in 15 to 60 minutes depending on the lender you choose and its terms.

When using a credit line, as with other loans, act responsibly and evaluate your options to repay the loan.

Opportunity credit consumer loan

Non-bank lender offering to borrow up to 5,000 USD for one month to three years. One of two brands with which  works – the other . The company has been offering various types of loans to consumers since 2005. Option credit is one of the few consumer credit providers to give such large unsecured loans – usually non-bank lenders give up to 500 or 3000 USD. Opportunities should not be confused with the Opportunity Loan offered by bank and other banks, which is a mortgage loan.

Borrow From Options Now

Borrow From Options Now

Fill out the application and confirm your registration to receive money in your bank account within one day of confirming the agreement.

Who can get a consumer loan on Options?

Who can get a consumer loan on Options.com?

To get a credit of up to 5,000 USD, you need to:

  • be a permanent resident of Latvia between the ages of 20 and 75;
  • there shall be no delay in the payment of the credit or default on the debt;
  • you need an account with a bank and have an active mobile phone connection;
  • you need enough income to repay the loan.

It should be noted that prospective clients  need to register and confirm their bank account. You will need to pay a registration fee of USD 4.00 from the bank account where you want the credit.

When signing up, you must provide true details of your monthly income and expenses, transfer the above USD 4 for your application and attach a statement of income / expenses for the last 6 months to your bank account. Your application will be processed within one business day, usually faster. If approved, a one-time fee will be charged. The loan can be easily managed and viewed on the website of Options. As with all loans, this can be repaid early without additional interest.

Offer for individuals

Offer for individuals

The main advantages of Options:

  • Large amount – up to 5,000 USD and maturity up to 5 years;
  • Easy and fast – get credit within one business day;
  • Transparent loan terms;
  • Reasonable interest rates compared to other non-bank lenders;
  • Easily manage your loan online – find out your credit details, remaining amount, monthly payment amount, and return it prematurely via the Opportunities Credit website.

You can use Options for the following (and other) purposes:

  • Tuition fees;
  • Traveling;
  • Apartment or machine repair;
  • For the daily purchase of goods and services;
  • And many, many more.

The only one who should not use the loan is to cover other loan payments or debts (utility and other). Of course, we do not recommend making irresponsible purchases, as well as those purchases that you could easily save even without credit. If you need a smaller amount of credit, we recommend using fast credit or bank short term loans.

How to Apply for a Consumer Credit at Options

How to Apply for a Consumer Credit at Options

  1. Fill out the application with the desired amount and the repayment term.
  2. Fill out the application with details about yourself and other information.
  3. Add a bank account statement for the last 6 months.
  4. Confirm your bank account by transferring the registration fee.
  5. Sign the contract in one of the ways offered (courier service – free of charge).
  6. Get a consumer credit within one day of signing the contract.

Opportunities for credit working hours

Opportunities for credit working hours

For convenience of our clients, we also work on weekends. Opening hours on weekdays from 8am to 9pm and on weekends from 9am to 5pm. Calls are only accepted on weekdays from 8am to 5pm. Options has clearly defined terms and a  section so everyone can get acquainted with consumer credit terms in the most convenient way.