 | PLUS is more than just a consumer loan. It is a credit line granted to you by the bank. Up until now the benefits of credit lines could be enjoyed only by companies. The bank SNORAS is the first Lithuanian bank extending the service of a credit line to its private clients. |  |
How does PLUS differ from regular consumer loans? | PLUS. A Credit line | Regular consumer loan | | Upon obtaining PLUS credit line at the bank SNORAS, you will start paying interest only after you use the funds. | Upon obtaining a regular consumer loan from any bank, you will start paying the interest from the moment the funds are transferred to your account. | | The interest payable is calculated only from the amount of money actually used. | The interest payable is calculated from the total amount of the consumer loan. | | No interest payable upon covering the credit line limit. | The interest is payable until the date of maturity of the loan. | | The credit line allows for a more flexible satisfaction of your financial needs. You receive money when you need it most and you repay it whenever it is convenient for you. | Upon obtaining a consumer loan, you have to repay it to the bank as per set terms and at regular intervals. | | You will be able to use your funds from your account for the period of validity of the credit line and return them to your account whenever you wish. | If you might need more money during the period of loan repayment, you will have to enter into yet another agreement with the bank. |
 How else is PLUS beneficial?
- The amount of the loan is up to LTL 40 000.
- The maturity of the loan is up to 5 years. The maturity date might be extended!
- Variable interest rate allows you to reduce your expenses!
- The low interest rate for this type of loan!
- If the loan is received during the day and repaid by the evening of the same day, no interest is calculated!
Who is entitled to use the credit line PLUS? The credit line PLUS is intended for persons with a steady job (employees of private enterprises, budgetary enterprises, government institutions, etc.) and a steady source of income. How is the amount of the loan established and what restrictions is it subject to? The possibility of participating in the credit line programme is established according to the information you provide in your application form. The bank trusts you in advance and requests the documents for submission to be filled out you carefully and correctly. The bank may require additional information about you in order to be able to set your payment coefficient (rating) and conduct an analysis of your financial situation, which will stand as a basis for determining the lending limit granted to you. Is collateral required? NO! The participant of the credit line PLUS programme is not required to mortgage any property. | 
