Taking on credit commitments is often not everyone’s cup of tea, but sometimes, the purpose of the credit is more critical than our wishes. However, if you are in a hurry or realize that a purchase can wait, you have the right to refuse credit. At first, this seems like a simple clause in a […]
Month: February 2024
Why Should Loan Payments be Less than 40% of Your Salary?
Welcome to Topkredit.lv, where we simplify all complex lending and investing issues. In this article, we will focus on one of the points lenders write in small capitals: “Your monthly credit expenses must not exceed 40% of your income”. Where does this figure come from? Why is it so important that the loan does not […]