Consumer loan

Consumer Loan for every purpose

  • The contract fee is 0 €

  • There is no monthly administration fee

  • You will receive a response to your application within a few minutes

  • Money to your account immediately

  • 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
    Within a few minutes, the loan amount minus the agreement fee will arrive in your bank account.

Terms and conditions

Loan amount

From 200 € to 10,000 €


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

The premature payment

The premature payment of the whole credit sum is free of charge.


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 and consult our expert. Annual rate of charge is 23.03% on the following sample terms and conditions: loan amount 2000 €, annual interest rate of 19.9% on the on the outstanding balance (fixed), contract fee 29.9 €, repayment period of 40 months, with monthly annuity payments, with the total sum of the monthly payments being 2783.01 € and the total repaid sum of 2753.11 €.

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. Annual percentage rate of charge of a Consumer Loan with insurance is 29.39% on the following sample terms and conditions: loan sum 2000 €, annual interest rate of 19.9% on the outstanding balance (fixed), agreement fee 29.90 €, repayment period of 40 months, with monthly annuity payments, in the total sum of 3000.25 € and the total sum of monthly payments being 2970.35 €.

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.