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SMS Credit Today »Compare All the Best SMS Credits

SMS Credit Today »Compare All the Best SMS Credits



SMS credit is a form of quick credit that can be received by SMS. In most cases, the borrower can get a loan by sending a credit application form. A text message must contain certain data used by the credit institution to decide whether to grant a credit or to reject an application. SMS credit is probably the fastest way to get a short-term loan, because applying for a loan is possible from anywhere. Each case is different, but under favorable conditions it is possible to get the desired amount even within minutes.

This type of credit is suitable for emergency situations where money is quickly needed to cover some expenses or make a purchase. SMS loans are traditionally fast loans that allow the debtor to borrow relatively small amounts of money for a relatively short period of time. SMS credits are usually granted for amounts between € 5 and € 700 and the time period for repayment is in most cases up to 30 days.

First SMS Credit

First SMS Credit

For the first time borrowing an SMS loan, you need to register and create a profile on the selected lender’s website, but if you choose to borrow from a particular SMS loan lender in the future, this process will be possible via SMS.

In essence, an SMS credit is the same as a quick credit online , or online. An SMS credit is a short-term loan that is usually used for emergency or unexpected expenses. When choosing the most suitable credit type, creditor and repayment term, it is important to evaluate the situation. In the same way, SMS loans and high-speed Internet loans, typically have high repayment rates, 10% and even higher rates, then you can assess whether another type of loan will be more advantageous to you in a particular situation. Thomas Bigger.lv has collected information on both short-term loans and long-term loans and we want to help you choose the best solution to provide you with the best solution for situations where personal finances are unable to cover all expenses and necessities.

The only way an SMS loan is essentially different from a quick credit on the internet is the way the credit application is filled. If you are already registered with one of the SMS loan providers, you can apply for a loan with one message. Also, the sums that can be borrowed from the issuers of SMS credits are smaller than those offered by the fast internet credit issuers and that is why we repeatedly remind you that the amount of credit, the lender and your ability to repay the loan within the agreed term is very important to evaluate BEFORE you engage with any particular lender. You can find an overview of the different types of loans that Thomas Bigger.lv offers you to compare here .

If you have considered all the options and solutions for different types of credit and assessed which type of credit is the most convenient solution for your situation, then Thomas Bigger.lv will help you choose the best offer with the best terms. In the follow-up, you can get acquainted with a description of the situations where SMS loan is the best solution, and at the end of the article we have prepared for your convenience a description of the process of obtaining an SMS loan, in which we will introduce you every step of the process of obtaining an SMS loan in order to facilitate the process of taking credit. When you are ready to make a decision, make a statement in Thomas Bigger.lv to compare all SMS loan offers!

If this is the first time you want to receive an SMS credit, remember that many SMS credit providers offer new customers the first SMS credit without interest. Interest-free or free credits are k

When is an SMS credit most suitable?


SMS Credit is a quick credit that is suitable for situations where you want to borrow quickly and for a short period of time. SMS Credits are most suitable for unforeseen situations when you urgently need to pay an invoice or urgently buy a commodity. Despite the fact that it is possible to settle the SMS loan within a short period of time, it is worth remembering that the SMS loan will also have to be repaid within a short period of time (up to 30 days) and that is why it is important to assess the need for the loan and your ability to repay the loan within the agreed time period. Non-repayment of the loan at the agreed time can result in high penalty interest and damaged credit history.

Receiving an SMS loan is very easy, because if you already have a profile on the lender’s website, you can borrow by sending one SMS and receive money within minutes. This type of borrowing can be exactly what you need here if you are in an unexpected financial situation and you have to pay an unexpected or urgent need to make a purchase. An SMS credit can be an advantageous solution if you know that the creditor’s services may have to be used repeatedly and you have an important opportunity to borrow quickly and efficiently without having to apply for a loan on the Internet. SMS credit is the only type of loan you can draw with SMS and you will not have to fill in a new application form on the creditor’s website or come to the creditor’s customer service center in person.

How do I get an SMS credit?


To start the process of processing an SMS credit you have to start with the right creditor’s choice. Choosing the most advantageous SMS credit issuer can help you Thomas Bigger.lv. Once you have chosen the most suitable SMS credit for your needs, go to the creditor’s website and register and create your profile.

When you have chosen a creditor and found the creditor’s website, the rest of the process steps are in most cases (the nuances of the process may vary depending on each individual creditor):

  • Creates a profile on the website of the selected creditor, traditionally this process is done by registering your personal accounts as well as a bank account. Typical specific personal data to be entered on the creditor’s website are your name, surname, personal identity number, phone number, e-mail address, and the selected password.
  • Once you have registered your data on the creditor’s website, the credit institution will send you an SMS to confirm your mobile phone number that you will need to enter on the creditor’s website to verify your profile registration.
  • If required, send an activation fee to the creditor account. This activation fee is usually € 0.01 and the creditor uses this information to confirm that you have provided the correct personal information and bank account information.
  • Once the creditor has approved your profile information, you can receive your first SMS credit by sending the duly completed SMS to the creditor with the amount of money you want to borrow, your password and the loan repayment term.
  • If you do not need to borrow at the moment, but you know that in the future such a situation may occur, you know that after registering on the creditor’s website, you can get a quick loan anywhere with one SMS. Your credit institution will process your application by leaving you with the SMS and your profile sent to you on your website, and you can receive your SMS credit in minutes if you approve it.

Limitations and Criteria


Despite the fact that requesting and receiving SMS credits can take a few minutes, it should be taken into account that not every individual meets the criteria for receiving an SMS credit. Credit companies, like any other company, examine and evaluate the application of each person for credit and, if the person does not comply with all the terms of the credit, may refuse it. To be able to register and receive loans from SMS credit companies, the borrower must comply with the queue required by the particular creditor. As with any other type of credit and borrowing, non-bank lenders themselves set limits and criteria for those who can get credit.

These limitations and requirements are based on a variety of risk factors that the lender assesses before lending money in order to be able to provide credit to the largest extent possible only to those who are judged and able to repay the loan at an agreed time. Standard requirements from any creditor usually include the following conditions: a person must be a Latvian citizen (there are cases when an officially approved residence permit can be dispensed with), an active mobile phone number, an active account in one of the Latvian commercial banks, and must be able to prove regular income . Without these standard limits, SMS credits typically have the following limitations:

  • Age

Loans are issued only to persons aged 18 and over . The largest and best choice among different creditors will be for people aged 20-70. Not all SMS lenders lend money to people aged 18-19, but it is also not possible to get credit at this age. The options are, but they are a little more limited. The same applies to persons over 70 years of age. Not all lenders lend money to people who have exceeded this age, but as is the case for 18 and 19 year olds, opportunities are available, but choices may be more limited than individuals aged 20-70.

  • Amount of the loan

As mentioned earlier, SMS credits are traditionally only available for relatively small amounts. Usually the loan amount is between 5 and 2000 €. If you need a larger sum of € 1000 or € 2000, then it would be most valuable for you to consider some of the available types of credit.

  • Loan repayment term

When considering SMS credit options, you should remember that SMS loans are typically repaid within a relatively short period of time and you should carefully consider your ability to repay the loan within the agreed time. Most often, the issuers of SMS credits want you to repay the loan within 30 days. There are companies that offer SMS loans for up to one year, but remember that this may mean that the loan may have to be overcharged many times because of high borrowing rates. Before you borrow, carefully assess how long you will need to be able to repay the borrowed amount and interest. If you are willing to borrow for more than 30 days, then you may want to consider some of the other credit options that are more profitable to return over a longer period of time.

  • Credit history

Your credit history plays a determining role if you want to get credit, this point applies to both SMS credits and other types of credit. If you have a bad, damaged or negative credit history, getting any kind of credit can be difficult. Most banks and non-bank lenders are very skeptical about lending to people with negative credit history. If you have a damaged credit history, you have to expect that when you try to borrow, you will either have to apply for a loan in several different credit institutions, with the hope that someone will be willing to lend or to get a loan. You can get credit for SMS loans despite the bad credit history in situations where you want to borrow a relatively small amount of money, because then it is likely that creditors will not consider it necessary to carefully evaluate your credit history.

  • Income

In order to successfully complete an SMS loan you will have to give your lenders information about your monthly income. If you do not have one, then it may be difficult to draw up an SMS loan because the creditors’ companies use the client’s monthly income to evaluate the loan applications. Many lending companies are reluctant to engage with people without a job or a stable income. Each situation is assessed individually, but your chances of receiving an SMS loan or any other type of credit are much higher if you can prove a stable cash flow in your bank account. This factor is essential for lenders in the decision-making process, as creditors, before issuing a loan, evaluate the ability of Teva to repay the loan on time. If you are unable to prove that you have a monthly income, you may have to either look for another type of loan or take a loan in exchange for a pledge that can be either your car or real estate.

The situations in which people are very different and each of us has been in a difficult situation, precisely why creditors evaluate each application individually. Whatever your situation, always remember to carefully evaluate all types of credits before making a decision. Thomas Bigger.lv will help you to compare the available types of credit quickly, efficiently and without any problems, and will help you find the best type of credit that best suits your needs. Regardless of which type of credit you choose, be sure to carefully read all of the terms and conditions relating to the amount of credit, the repayment term, additional costs, and penalty interest.

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