loan for working abroad

Quick Loan to Work Abroad

Living in Latvia today can sometimes seem unaffordable. Salaries can be insufficient even for basic needs for people who are not professionals and can only work as laborers. That is why the desire to work abroad is growing daily.

However, not everyone can find their first job offer and apply to an employer with full benefits. That’s why the first minimum subsistence you need to earn while working abroad must still be collected at home. To help with this, let’s look at where to take out a small, fast loan of up to €500.

Working abroad – where to start

Have you recently found an excellent opportunity to work abroad? The future salary beckons, and the new horizons, places, and people make your soul rejoice. The only catch with these offers is the initial maintenance. 

Even if the employer provides accommodation for the duration, only some are prepared to pay for transport, and even less for meals until the first salary. And going to another country with an empty pocket is not the most sensible option. That’s why you must have up to €500 with you. If you don’t have that kind of money now, a small loan will help you.

loan for abroad workers

Creditea – your quick helper

We offer you Creditea as one of the options for taking out a small loan to work abroad. This non-bank lender provides a credit line from €100 to €7000 with an unlimited repayment period of up to 5 years.

The unique feature of this lender is that when you apply on the Creditea app, you receive the money on your virtual card within 10 minutes. You can use it even if you don’t have a bank account in Latvia or the country where you’ll be working. It’s easy to move, with minimal monthly payments and total repayment once you’re on your feet.

Finea – flexibility at the start

The new non-bank lender, Finea, is also ready to lend you money if you are a resident of Latvia. The loan amount also starts from €100, but you need to specify the expected repayment period, which can be up to 5 years. 

Finea can be particularly beneficial if you are going abroad for work, as it offers to pay about half of the monthly installment for the first month. After that, it’s as you go. This plays in your favor because if the first salary differs from expected, you will undoubtedly have enough to pay the first monthly loan payment.

Vizia – support when you go abroad

This well-known lender also offers a loan of up to € 10,000, either as a credit line with a minimum payment or as a personal loan with a fixed repayment term. Interest rates are pretty high, but requirements are minimal.

Vizia, for example, does not require an employment contract but requires you to have an account with a Latvian bank. If this is okay for you, a loan from this creditor can be within your reach. Fill in an application on their website to see if they will grant you a loan, and you can pay for your move in peace.

credit for foreigners

A practical example of how to apply for a loan quickly

Let’s look at a practical example to understand better which lender to choose and how to apply for a loan quickly so that you can avoid getting stuck with a job offer abroad. Let’s consider Nikolai, who has accepted an offer from an acquaintance to work together in Germany as a builder. He needs €500 for transport and expenses for the first few days there.

Knowing that he does not have that amount, Nicholas decides to take out a quick loan, which he will repay with his first good salary. After comparing offers, interest rates, and repayment terms, Nikolai decides to take a loan from Creditea. The speed and ease of use of their payouts abroad please him, and he easily applies them to their website.

What do I need to remember when I go abroad to work?

The prospect of working and living abroad looks appealing. However, while dreaming of savings and a good salary, you should remember the forensic moments. Starting with the difficulty of finding the first minimum you need to live, you may also encounter other problems.

For example, please read the contract before you sign it to consider all the costs involved. Remember the probationary period, during which you can be dismissed and sent back to your home country at your own expense. Remember that you can always contact one of the Latvian embassies in your country in an emergency.

Have a safe journey!

A fast loan to work abroad is the first step towards earning a living in your new country and a bold step towards your career. If chosen correctly, this €500 will help you get back on your feet in the first few weeks and improve your well-being. 

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When you choose a loan as a lifeline, remember to pay it back. Look for good deals, work with trusted lenders, and choose wisely. Let your work adventure begin with the easy financial support you desperately need.

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