Good Finance is one of the leading non-bank lending companies in Latvia. It offers consumer loans and also offers car leasing and borrowing options against car security. Let’s look at the answers to the questions that interest most customers who want to borrow without a pledge.
How long will it take for my account to be credited?
Once the credit has been approved, the money will be credited to your account within about 30 minutes if the account is in the same bank as the company. Sometimes it may take up to a full business day to make interbank payments.
Are there any hidden costs to the loan?
No. When applying for a loan, you can see all the costs in your contract. There is no commission fee for issuing the credit. The only expenses for good faith customers are the principal and interest payments on the loan.
Can I extend my credit?
In circumstances where you are unable to make credit payments, it is possible to defer payment on time, but this is a paid service. You can see the exact cost of this option on your profile or by contacting a credit specialist.
What is the penalty for default?
If payment is delayed and the loan is not extended, a penalty will be charged. The amount of the penalty for each day of delay shall be 0.5% of the amount of the delay, up to a maximum of 10% of the principal sum due, calculated from the first day of delay. In addition, default information may be entered in the Debtor Database, which subsequently makes it difficult to borrow again from any other lender. In the final analysis, Good Finance entrusts money recovery to debt collection companies and / or the courts.
Can I borrow while living abroad?
If possible. Fill out the application and if you meet all the requirements you will be able to receive the money in your bank account.
Can I also get some money at night?
According to Latvian law, the loan may not be granted during the night. The latest when you can get a credit is on business days, shortly before 2 pm 23.00. Such conditions apply to all creditors registered in Latvia.
How do I make monthly payments?
The most convenient way to pay is from your internet bank account, but you can also do it at any bank or Good Finance branch throughout Latvia.
Can I get a cash loan?
Yes, after completing your application on the internet, contact the company specialists and inform them that you would like to receive a cash loan. If the application is approved, you will be able to receive the money at one of the branches.
How do I know if my credit is approved?
You will receive confirmation via e-mail and on your mobile phone (via sms). If you activate SMS for incoming payments in your Internet bank, you will also receive sms from your bank once the money has been credited to your account.