The calculator shows a representative example of a new loan of USD 5000. The nominal fixed annual interest rate is 39%. The effective interest rate with a repayment period of 4 months, if the customer pays the lowest to pay in 3 months, is 164.2%. The four monthly repayment amounts are: month 1: USD 1132, month 2: 714 USD, month 3: 700 USD, month 4: 3870 USD (USD 3750 remaining capital plus USD 120 interest).
The effective interest rate includes USD 395 set-up fee + USD 300 Lowest payment fee. The total amount to pay is USD 6416. If the customer chooses the standard product without paying the minimum amount, the total amount to be repaid after 30 days is 5555 USD, with an effective interest rate of 260.10%.
Borrowing up to USD 15,000
Do you feel a little stiff at the end of the month and need to splurge with a loan? Then apply quickly and easily for a loan with us. As a customer of Vivus you can apply to borrow USD 2,000 – 15,000. So what are you waiting for? Apply to borrow money today!
Borrowing money directly- does what you want with the money
When you apply for a loan with us, you do not need any collateral for the loan. You are therefore free to do whatever you want with the money. This way you can realize your dreams of going on that trip you dreamed of, renovating the kitchen or buying a new car. So what are you waiting for? Apply to borrow money today and realize your dreams!
Read more about how to borrow money here
How do I apply if I want to borrow money?
If you want to apply to borrow money from us, it’s easy. You just need to complete these three simple steps:
- Register online
If this is your first time applying for a loan with us, you first and foremost need to register on our website. In order to register you need to be at least 18 years old, hold a Swedish social security number, mobile number, e-mail address and account number. Once you have registered, we will then conduct a standard credit check on you, where we use Creditsafe. Applying for a loan without UC is therefore possible.
- Confirm your identity
In order to borrow money from us, you also need to confirm your identity. You can do this in two different ways. You can either take help from Instantor and your bank account or you can choose to be called by one of our employees.
- Get your borrowed money paid into your account!
We always work as fast as we can to process loan applications. That way, you can expect us to give you a message to borrow money directly. Therefore, you can usually expect to have the money paid the same day if we approve your application.
With us you can borrow money at low interest rates
By using our loan calculator you can easily see what it will cost you to borrow money from us. For example, you can see that if you borrow USD 5,000 to 39% nominal interest with a repayment period of 3 months and USD 395 in the setup fee as well as the total lower payment fees of USD 300 gives an effective interest rate of 146.5% in total.
In addition to the above costs, you will be charged a fixed monthly interest rate of 3.21% on the nominal amount each month, and an amortization of at least 8.33% will also be charged.