Consumer loan
Consumer loan for every purpose
- You will receive a response to your application within a few minutes
- Loan sum from 200 € to 10,000 €
- Interest from 15.9% of the loan balance
- No collateral required
- Premature payment free of charge
You do not need to have an account with LHV to apply for a consumer loan.
Calculate the monthly instalment
The results are estimated and may differ from the terms and conditions offered to you.
What you use the funds for is up to you
For travelling
A Consumer Loan can be used, for example, to pay for flight tickets or travel packages.
Days of importance
A Consumer Loan can be used for organising weddings and other major events.
Entrepreneurship and studies
A Consumer Loan can help you to pay for various trainings and studies, or cover expenditures related to entrepreneurship.
Larger expenditures
A Consumer Loan is suitable for covering unexpected expenditures or purchasing various products and services.
Application process
Complete an application
Enter our self-service environment and complete the consumer loan application.
Credit offer
Then we will calculate the consumer loan limit that will be available to you for the next 90 days.
Conclude the agreement
You can sign the agreement in our self-service environment. If you cannot sign it digitally, please visit our partner Euronics store. There, you can sign a printed contract.
Money to your account
During the next business day, at the latest, the loan amount minus the agreement fee will arrive in your bank account.
Terms and conditions
| Loan amount | From 200 € to 10,000 € |
| Interest | From 15.9% per year on the outstanding loan balance. LHV calculates the interest on the outstanding loan balance, not the whole loan sum. This means that the interest payments will decrease monthly as your loan balance decreases. |
| Contract fee | 1% of the loan sum, from 29.90 € |
| Time of repayment | 6 months to 5 years |
| Amendment of agreement | If you need to, you can take a grace period or change the date or amount of the monthly payment. The fee for amending an agreement is 10 €. To amend the agreement, please write to finance@lhv.ee. |
| The premature payment | The premature payment of the whole credit sum is free of charge. |
| Repayment | Monthly payments are to be paid to the account EE707700771001062897; with the recipient being AS LHV Finance; reference number: your agreement number. |
Consumer loan is provided by AS LHV Finance. Review the terms and conditions at lhv.ee/en/consumer-loan and consult our expert. The monthly payment is 70,84 € and annual rate of charge is 22,85% on the following sample terms and conditions: loan amount 2200 €, annual interest rate of 19,9% on the on the outstanding balance (fixed), contract fee 29,9 €, repayment period of 44 months, with monthly annuity payments, with the total sum of the monthly payments being 3146,85 € and the total repaid sum of 3116,95 €.
Loan insurance is offered by ERGO Insurance SE. Review the terms and conditions of insurance, along with the limitations and exemptions, and ask for advice from our specialist. The monthly instalment of a consumer loan with insurance is 76,51 € and the annual percentage rate of charge is 28,83% on the following sample terms and conditions: loan sum 2200 €, annual interest rate of 19.9% on the outstanding balance (fixed), monthly fee of 5,67 €, agreement fee 29,90 €, repayment period of 44 months, with monthly annuity payments, in the total sum of 3396,33 € and the total sum of monthly payments being 3366,43 €.
Loan insurance
You can make your loan more secure by adding loan insurance to your agreement. LHV Finance together with ERGO Kindlustus will ensure that you will not find yourself in trouble with instalments in the case of unforeseen circumstances. Read the terms and conditions of the loan insurance.
- Unemployment, i.e. the termination of an employment contract or civil service contract by the employer for a reason beyond the insured person’s control.
- Temporary incapacity for work, i.e. a certificate of incapacity for work valid for over 30 days.
- Permanent incapacity for work, i.e. a certificate of incapacity for work valid for over 30 days.
- Death, i.e. any loan liability does not have to be met by the heirs.
The insurance coverage commences from the day of the first consumer loan instalment. You can also add insurance to your contract during the term of your consumer loan contract, in which case the insurance coverage will commence from the date of the next instalment. Insurance coverage in case of unemployment begins one month after the insurance has started.
In case of an insured event, notify the client support of LHV Finance as soon as possible. Client support will notify the loss adjuster, who will contact you with further instructions.
The insurance fee is 8% of your monthly consumer loan instalment. If you choose to sign loan contract in amount of 500 €, only 2 € will be added to your monthly instalment.
LHV Finance contacts
Call 680 2700 or write to finance@lhv.ee daily from 9 to 21.
Documents and additional information
Frequently asked questions
- What can I use a consumer loan for?
- In what case do I have to submit my account statement and how?
- How can I conclude an LHV consumer loan contract?
- I would like my monthly consumer loan instalment to be debited from my bank account automatically. How should I proceed?
LHV Home Repair Loan
- For the purchase or renovation of real estate
- Loan sum up to 15,000 €
- No collateral required
