Studs Lonigan offers loans of up to USD 20,000 with a repayment period of up to 5 years. If you borrow USD 20,000, the monthly cost will be USD 579 / month. After the interest deduction, the cost will be USD 505 / month. Effective interest rate: 33.18%.
Loans for all occasions
When Studs Lonigan was founded in 2006, they offered loans of USD 1000, USD 2000 and USD 3000 with a 30 day repayment period. Over time, Studs Lonigan has followed the trend and tried to meet the needs of its customers. One step in that direction has been to increase the size of the loan amount and the repayment period.
Today Studs Lonigan offers its customers both small loans from USD 1,000 to larger loans of USD 20,000. The goal of Studs Lonigan is to meet the demand for different loan types used for different purposes. A small loan is usually used to cover the cost of an unforeseen event, while a larger loan can be used for, for example, a trip or a renovation.
What is required to apply for a loan of USD 20,000?
As usual, when you apply for a loan from Studs Lonigan, an internal credit check is made which together with the credit information determines your maximum loan amount. In order to be granted an Annual Loan with a 3 or 5 year repayment period, you must meet the requirements below:
At least 20 years At least $ 120,000 in annual income
When you apply for an Annual Loan, we use the Information Center, UC, to make a credit report while we use Creditsafe for loans between USD 500 and USD 10000, which means that the credit information cannot be viewed by companies other than ourselves unlike when you apply for a Arslan. It is still possible to combine Annual Loans with Micro and Quarterly Loans just as before.
How do I apply?
There is no difference in the application process for the new loan amounts, but an application is made in the same way regardless of the amount you wish to borrow. Choose the amount you want to borrow in our application form and apply. You can also apply for your loan by calling us.