ExpressCredit and its brands, Banknote and VIZIA operate as non-banking lending companies specializing in consumer loans and pawnbroking, also providing worldwide money transfer services to its customers within the “Western Union” network. Consumer loans are provided by brands Banknote and VIZIA. Secured loans in the form of “Pawn loans” and money transfer services are provided by brand Banknote being the national leader in “Pawn loans” and branch coverage in Latvia.
Loan amount EUR 50-3000, (EUR 2000 to new customers)
Term of loan - 30 days for single payment loan, 4-60 month term for installment loans
Apply for and receive a loan in the branch or online.
Offering differs for brand Banknote and VIZIA.
Loan amount up to 95% of the pawned object value (jewellery, mobile phones, other electronics and valuables).
Term of loan – 30 days for single payment loan,
2-24 months for instalment loans
Application and signing of the contract in the branch
Service implemented in 2015, as a support mechanism for customers to ensure full service for common client needs without having to go to another financial institution.
Western Union services available at all Banknote branches.