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Consumer Loan

Get a loan of up to 40,000 GEL for any purpose and turn your wishes into reality!

Consumer Loan for emigrants

Get a loan of up to 40 000 GEL for any purpose and turn your wishes into reality!


Do you live abroad and need additional funds to support your family or achieve your personal goals?


Now you can benefit from Credo Bank’s Consumer Loan and use the funds however you want.


You can get a loan with terms tailored to your income:

  • Based on salary or remittances , only a recent statement or supporting document is required
  • Secured by real estate
  • Secured by a deposit

Terms

  • Loan Amount: from 500 to 40 000 GEL
  • Annual Interest Rate: from 10.9%
  • Effective Interest Rate: from 18.90%
  • Term (without collateral): from 4 to 48 months
  • Term (with collateral): from 7 to 10 years
  • Loan Issuing Commission: from 2%
  • Service Commission: from 0.5 GEL

How can I get a Consumer Loan?

Benefit from fully remote service - from anywhere in the world:



FAQ: Frequently Asked Questions

  • Can I repay the loan early (before the loan term expires)?

Yes, of course. You can repay the loan fully or partially at any time (a small standard early repayment commission will apply). This gives you full financial freedom and control over managing your loan.

  • Can I use Credo Bank’s loan to repay an obligation from another bank?

Yes, this is one of the popular advantages of our service. You can apply for a Consumer Loan to combine and repay one or several loans you have with another bank.


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