Microfinance organizations that provide microloans have become quite popular in Ukraine in recent years. One such organization is LoviLave, which offers quick financial assistance to its clients as soon as possible. In this article, we’ll look at loan terms, legal information, loan extension options, and much more about this MFI. We’ll also answer frequently asked questions and analyze LoviLave reviews. If you are thinking about taking out a microloan from Lovi Lave, this article will be useful for you.
Take the money |
lovilave.com.ua | +380 67 561-38-04 |
Loan terms and conditions
- Minimum loan amount: 500 UAH.
- Maximum loan amount: 10000 UAH.
- Repayment period: from 1 to 90 days.
- Age: from 18 to 65 years.
Legal information:
| OOO “FK “KIF”, UNIFIED STATE REGISTRATION NUMBER 42359240. | Address: 24B, Otakar Yarosh St., 61072, Kharkiv, Ukraine. |
Financial Services License: series FC No. 1255 dated 10.10.2019. |
Frequently Asked Questions (FAQ):
- LoviLave offers loans from 500 to 15000 hryvnias for a period of 7 to 30 days.
- The first loan is free of charge.
- For a second loan, a positive credit history with LoviLave is required.
- LoviLave is a registered MFI in Ukraine and has all the necessary licenses and permits to provide financial services.
- The loan agreements contain all the necessary legal information and loan terms.
To get a card loan, you need to register on the LoviLave website and fill out a loan application.
After the application is approved, the funds will be automatically transferred to the card specified during registration.
You can pay for a microloan through Internet banking, terminals, mobile banking or payment systems (Visa/Mastercard, LiqPay).
Information on payment details can be found in your personal account on the LoviLave website.
Information about MFIs:
LoviLave is a Ukrainian microfinance organization with fast online loans. It was founded in 2019. LoviLave is a member of the Association of Ukrainian Financial Companies (AUFC).
Interest rate, limits, requirements, and terms:
The first loan:
- Amount: from 500 to 3000 UAH.
- Term: up to 30 days.
- Interest rate: from 0.01 to 3.98% per day
- Conditions for obtaining: you need to register on the website and fill out a questionnaire
Repeated loan:
- Amount: from 500 to 10000 UAH.
- Term: from 1 to 30 days.
- Interest rate: from 0.01 to 3.98% per day
- Conditions for obtaining: you must already have a successful loan from LoviLave.
How to apply for a card loan?
- Choose the amount and term
- Sign the agreement
- Get the money
How do I pay for a microloan?
Payment can be made through online banking, terminals, mobile banking or payment systems (Visa/Mastercard, LiqPay).
Information on payment details can be found in your personal account on the LoviLave website.
Possibility to extend the loan
There is a possibility to extend the loan term, but this is associated with an additional payment of interest for each day of extension.
To extend the loan, you need to contact the support service.
Feedback
- LoviLave has mostly positive feedback from customers.
- Many customers note the fast and convenient loan application process.
- Some customers mention the high interest rate on the loan.
- A few reviews mention problems with loan repayment and the unpleasant consequences of this.
In summary, LoviLave is a Ukrainian MFI that offers fast online loans with convenient terms. It is possible to get the first loan for free, as well as extend the loan term for an additional fee. Despite some reviews about the high interest rate and problems with loan repayment, most customers are satisfied with working with LoviLave.
