Economy
Three instant credit companies fined for irresponsible lending
Three instant credit companies have been sanctioned by the Bank of Lithuania for failing to properly vet their clients’ credit worthiness. […]
Instant loan
Economy
Credit company fined record €30k for giving loans to jobless
Lithuanian banking regulators have hit a consumer credit company with a fine of €30,000 for issuing loans to unemployed applicants, the biggest penalty of this kind to date. […]
Economy
Lithuania’s biggest consumer credit company sanctioned for ‘irresponsible lending’
4finance, the leading consumer credit company in Lithuania, has had its licence revoked by the Bank of Lithuania following repeated violations. […]
Economy
Lithuanian parliament clamps down on instant credit loans
The Seimas of Lithuania, parliament, has approved amendments to the Law on Consumer Credit which are aimed at regulating the consumer credit market in order to promote responsibility of consumer credit lenders and their clients. […]
Uncategorized
High-earning Estonian MP resorts to instant loan
Eesti Päevaleht writes that Centre Party’s MP Olga Sõtnik not only owes about 260,000 euros in debt, but has also taken a 5,500 euro instant loan. […]