Get a loan on good terms

Getting approval for a loan online with Saldo Finance is extremely easy. Clients get their own tailored loan offer. We have also automated the loan process, so it is likely that Saldo Finance will offer you the most attractive terms.

Getting the cheapest loan consists of several things. First of all, it is necessary to assess the interest rate of the loan received. For example, the annual interest rate on a Saldo Consumer Loan starts at 9% (nine percent), so you will be able to borrow on extremely attractive terms. It is also necessary to assess the administrative fees, which, in the case of the Saldo, are really small.

You'll get access to cheap and fast loan online just by filling out Saldo’s application! We hope that we have answered your question - "How to get a loan?"

Within just a few minutes of filling out our online application, Saldo’s automated system puts together a personalized loan offer, tailored just for you!

You can receive approval and have the money transferred to your bank account – all within a matter of minutes!

Choosing Saldo as your financial partner is both quick and convenient. In addition, we offer flexible terms and attractive interest rates.

Saldo is your reliable financial partner for whatever life has to offer!

There are a few things that consumers should know about obtaining and issuing loans:

1. Every company and person engaged in lending services, including Saldo Finance, shall be closely supervised by the Bank of Lithuania.

2. Any provider of lending and other related services, including Saldo Finance, may engage in and provide only certain types of services.

3. The Bank of Lithuania grants a license to lend only to those companies that meet the bank's strict criteria and requirements. Saldo Finance meets all these requirements.

4. It is necessary to borrow responsibly and carefully. One’s financial capabilities and current situation, including ability to repay, should be taken into careful consideration before borrowing.

5. If you are borrowing for the first time and you have completed the application after 22 hours, the money will only be transferred to your account the next morning, after 7 hours. No such procedure is established.

6. Saldo Finance comply with the laws of the Republic of Lithuania and is supervised by the Bank of Lithuania. All lending platforms and lenders work with SODRA to lend responsibly and transparently.

7. UAB Saldo Finance was established in Lithuania in 2020, and started providing lending services in 2021.

The provision of loans is supervised and strictly regulated by the Bank of Lithuania. Not only do they periodically inspect all financial market participants, but also they also actively monitor consumer loan providers to ensure transparent and responsible lending to the citizens of the Republic of Lithuania and businesses located here.

You can read more about the supervision of financial market participants on the Bank of Lithuania's website.

All natural persons over 18 years of age are eligible to apply for a consumer loan. These persons should be in receipt of income from employment (e.g. salary), from self-employment, under royalties, disability or other benefits, old-age pension or other income.

To obtain a consumer loan, you also need to have a bank account with a Lithuanian bank or credit union.

A loan for the unemployed may also be granted, but we may ask for additional proof of solvency. If you are unemployed but have a sustainable source of income or even multiple sources of income, your loan application may be successful. If you are currently unemployed, getting approval for a loan is possible, but stable personal finances are also required.

There are number of criteria that an individual must meet in order to be eligible for a consumer loan (regulated by the laws of the Republic of Lithuania and the Rules for Providing Balance Loans). These conditions include the following:

• A person must have a minimum of 4-6 months ”length of service” in their current job or meet other, minimum requirements relating to other activities (e.g. self-employment, work with a business license, etc.).

• Have a sufficient income. Total available liabilities may not exceed 40 percent of monthly income ("in hand")

• Don't sign up for or sign out of STOP Consumer Credits, I Don't Want Credit, or Protect Your Identity.

• Wait at least two months after your last credit repayment. While this may not necessarily affect the recent repayment of consumer credit, it may also adversely affect the assessment of solvency. That is, if a small period of time (up to 60 days) has elapsed since the last debt repayment, you may not be granted a cheap Balance Loan.

Our system automatically evaluates the applicant's financial data (in SODRA and with the Scorify tool) and approves or rejects the application.

If our system sees an excessive risk of default in your application, you may not be granted a loan. But don’t be put off by this. If your financial situation changes, your income increases or you work longer in the workplace, fill out an application again, which will then be approved by our system.

To avoid the hassle of not being granted a loan, here’s a list of the most common reasons why a lender might not be able to lend to you:

• Your length of service in your current job is too short;

• Your income is too low to guarantee repayment of obligations;

• Your existing financial obligations are too high;

• You applied for a loan without your spouse's knowledge;

• SODRA does not have data showing your income;

• You are registered in the relevant databases, where persons who do not want to receive consumer credit are registered;

Other relevant information related to lending can be found on the service pages: Quick loans and Consumer loan.

Saldo Finance provides a number of lending services including consumer loans, revolving credit and business loans. You can read more about each of our products by clicking on the links. We guarantee the cheapest credit and the most flexible loan terms!

On weekdays, from 8 am to 5 pm, our customer support department will answer all customer questions about our services. You can write to us, inquire and ask via customerservice.lt@saldo.com.

We communicate in Lithuanian and English. More contact information.