Are you tired of having your salary delayed but urgent payments nowhere? Then you know you’re not the only one – thousands of people find themselves in these and similar situations. But this does not necessarily mean a deadlock, as SMS credit or short term loan can be your emergency bailout. Evaluate your solvency, read the terms of the contract, borrow, expect a salary and return the loan!

Borrow wisely!

Borrow wisely!

Although it is often true that there are really critical situations when it comes to borrowing additional funds, people are more likely to confuse need with desire. If you have SMS credit in mind, do you consider whether you would be able to deal with the situation without this? A quick loan is most often needed if:

payday delay but urgent payments;

a public utility debt has been incurred;

need an urgent doctor visit or purchase medication.

Obviously, going to a restaurant or club will not be a reason for taking such a big step as borrowing from a credit institution, which can charge quite a high percentage for late payment.

How to get a cash loan?

money cash

One way to get a short term loan is to send a text message requesting credit to the credit institution of your choice. Within a few minutes of receiving the request, your eligibility for the loan will be assessed and the loan amount will be credited to your designated bank account within a short period of time. This is the reason why short term loan is also called as SMS credit. In addition, this type of loan does not require a pledge, guarantor or income statement. How to get credit?

  1. Register on the home page of the selected credit institution.
  2. Familiarize yourself with all the terms and conditions of the loan agreement.
  3. Apply for a loan.

Each lender’s website and terms are different, but in most cases, no more steps than the above are required. As practice shows, many people in Latvia and the world use this type of cash loan processing, because SMS credit is both convenient and relatively advantageous. In most cases, the loan amount ranges from 50 to 1000 euros with a repayment term of one month up to a year.

You know what you’re borrowing from

By borrowing from a little-known credit institution, you run the risk of falling into more debt. Therefore, before you take a loan, do a thorough market research and find out who are the safest and fairest lenders in Latvia. For example, the Consumer Rights Protection Center has listed more than 60 SOEs that have been specifically authorized to provide consumer credit services.


If you have not yet borrowed one, choose a credit institution that offers you the first loan free of charge. This means that you can borrow the necessary funds for the first time without paying a single cent. Remember that SMS credit carries with it responsibility, so take prudence!