Vivus Credit
Vivus is a lender that offers SMS loans, also known as quick loans, making it possible for people with low credit ratings to access financial assistance. Vivus specifically targets those who may have difficulty being approved for loans from other lenders, for example, due to low income or unemployment.
Requirements and Costs
To apply for a loan with Vivus, you do not need to have a declared income. Approved sources of income include permanent employment, unemployment benefits, probationary employment, and hourly or project-based employment. Vivus has a relatively high interest rate, set at 43%, and the setup fee is 550 SEK. Despite
Loan terms
Loan amount: 2000 - 50000 kr
Duration: 20 - 365 days
Interest: 44% - 44%
Eff. interest: 57.4% - 983.6%
Age: 18 - 80 years
First loan free: No
Payment remarks accepted: Yes
Setup fee: 285 kr
Administration fee: 0 kr
Invoicing fee: 0 kr
Direct payment: Yes
Weekend payment: Yes
Revolving credit: No
Minimum required annual income: 0 kr
Representative example
Representative example: A representative example of a new loan of 10,000 SEK with a repayment period of 30 days. The nominal fixed annual interest rate is 44.0%. The effective interest rate with a repayment period of 30 days is 112.1%, which includes an arrangement fee of 285 SEK. If the customer repays the loan in full on the due date, the total amount to be paid is 10,647 SEK.
This is a high-cost credit. If you cannot repay the entire debt, you risk a negative credit record. For support, contact your municipality’s debt advice.
Vivus interest rates and fees
Here is how Vivus compares with other lenders in the comparison.
interest rates
fees
This comparison was made with långivare med en maximal effektiv ränta under 2000%.
The lenders compared with Vivus had interest rates from 2.95% to 44% and effective interest rates from 4.04% to 983.6% and setup fees from 0 kr to 995 kr, administration fees from 0 kr to 375 kr, invoicing fees from 0 kr to 60 kr, and total fees from 0 kr to 1024 kr.