Savso is a company that offers loans to suit you , from small amounts of 100 US dollars, to loans of 900 US dollars . Which can be paid in comfortable weekly installments for 13 to 26 weeks. Loans are only offered to individuals.
In the first application, the maximum amount you can ask for is 300 US dollars, and as the company gets to know you and mutual trust between the two grows, you can increase the loan amount up to 900 US dollars. You can use the loan calculator to find the loan and weekly payment that best suits your personal needs, both for the loan and the repayment.
At Savso there are no hidden fees or commissions, no small print or long awkward lines at institutions. From the beginning the cost of your loan and all the steps to follow will be clear and concise. And once you have chosen your loan and the term in which you want to pay it back, you can quickly complete an application and submit it through the Savso website . In a short time one of the Customer Service agents will contact you by phone to confirm the details of your loan application online before finalizing the loan, that is how simple and comfortable the service is.
Your loan will be transferred to your bank account once the concession has been confirmed, and you will be able to return the fixed installments of your loan on a weekly basis with your credit card automatically.
Savso Online Features
Savso Online has particular characteristics that make it the leading company in responsible mini loans in Spain , offering under its name more than 50,000 people satisfied with its comfortable payment.
- Fast: If your online loan is approved, you will receive the money quickly in your account within a period of between 15 minutes and 48 business hours
- Easy to pay: Thanks to a small weekly fee, Savso's mini loans are easily and conveniently repaid.
- There are no surprises: You will pay the same fee every week, no surprises.
- Simple and convenient: Online application from your mobile or computer. Manage your mini credit at any time from any device.
- More money: You can request from a minimum of 100 US dollars to a maximum of 900 US dollars.
What makes Savso Online loans different?
Savso's approach is to make life easier for its clients in their loan application process, so they are mainly based on 2 criteria, simplicity and transparency:
- Terms: The terms in which the loans are provided are between 13 and 26 weeks, not the regular term of 30 days, which is seen in most of the mini loans on the market.
- Pay little by little: At Savso it is about the reimbursement not being all at once in the end, due to the stress that this causes on customers. But weekly quotas are established according to the option that you decide.
- You are offered the initial option of granting you a loan of 100 US dollars up to 300 euros and as the client-company relationship progresses and mutual trust grows, you can be offered loans of up to 900 US dollars, without hidden charges.
- You only pay what you commit to in advance: a simple and transparent method.
- If you cannot meet a weekly fee , you are given 48 hours to resolve it at no cost. After 48 hours you will have an unpaid charge of 20 US dollars, there is no other additional cost.
- You have at your disposal a personal contact in the Customer Service team, which will be available so that you can talk to him about any questions you have about the loan service, at the number 902 787 239, during the business hours of 9: 00AM to 19:00 PM.
Reasons to trust Savso Online
Savso cares about helping people whose needs for small amounts are not covered by the traditional financial system, and it also ensures that its clients can repay their loans with its weekly fixed installment modality. There are 3 main reasons why you can trust Savso:
- They ensure that the fee to pay is affordable for each client
- They always charge you the fee on the same day of the week, so you can plan your payments.
- There are no hidden costs. Everything you have to pay is made clear to you from the beginning.
How to apply for a loan with Savso Online?
The first step to apply for a loan with any financial institution is to make sure you meet the requirements and documentation necessary for the loan to be granted. In Savso the requirements are minimal, however, important, so it should be necessary that you review them before proceeding to apply for the loan. The requirements that you must meet for the loan are the following:
- Be at least 18 years old
- Reside in Spain
- Not be in a situation of insolvency
You also have to accept that your financial capacity and credit situation be evaluated
- Have probable periodic income (payroll, pension, unemployment benefit, etc.)
- Not having another loan in force with Savso
- Have a personal mobile phone
- Have a bank account in your name
- Have a debit card
Once you have reviewed the necessary requirements for applying for your loan, we can proceed to the application process, which can be explained in 4 simple steps:
- Choose the amount of your mini loan: Use the loan calculator to define how much you would like to borrow. You just have to choose the amount you want and how many weekly refunds you want to make (13-26). And then the calculator will tell you how much you have to pay each week and the total cost of your loan. Without any surprises or hidden fees.
- Send your request: After sending the request for the loan of your money, Savso will make a decision based on the information you have provided. During this process you can view the status of your application online by accessing your account.
- Talk to Savso agents: An agent from the Savso Customer Service team will contact you to confirm all the details about your loan application.
- Dispose of your money: Once the decision about your loan has been made, the money will be in your account instantly. From that moment on, you can pay in comfortable weekly installments through your debit card.
Savso interest and fees
The interest rate based on the amount and term is indicated in the loan simulator, and in the terms and conditions of your application. As an example of this, for a loan of 100 US dollars the minimum APR would be 1,221% for a term of 26 weeks (182 days) and a maximum of 2,229% for a term of 13 weeks (91 days). For a period of 13 weeks the fees would be 55.74 US dollars and for 26 weeks 92.40 US dollars.
In this example, the 13-week refund of the total amount of 155.74 US dollars would be made through the payment of 13 weekly installments of 11.98 US dollars, and within 26 weeks the refund of the total amount of 192 40 US dollars would be made through the payment of 26 weekly installments of 7.40 US dollars. The first weekly payment of the installment will be charged 7 days after the loan start date, to the card that the client has provided at the time of making the request. The following weekly payments will be charged consecutively every 7 days.
Non-payment collection practices at Savso
If you incur a non-payment of your loan in Savso , since the system is in charge of collecting the installments or installments every week automatically, in the event that a term is unpaid, an attempt will be made to recover it in the next 48 hours without any charge. . From then on, if the term has not been paid, an attempt will be made to collect it by applying an additional cost for non-payment of 20 US dollars.
From the fifth installment or unpaid term, an early resolution of the loan will be carried out, as stated in the terms and conditions of the contrary. The total amount owed in capital and fees being payable at that time. It is advised that in case of any incident you contact a Customer Service Agent, who will be available during office hours so that you can speak with him and resolve any problem that may arise during the course of the repayment of your loan. .
Claudio: I made my first request to savso 3 months ago. My financial situation was very bad and they did not give me all the money I needed, although they offered me an amount according to my needs and today I have managed to get out of the debts that were drowning me.
Beatris: what I liked the most is that it can be paid weekly in very small amounts, from 3 7 US dollars, which makes you pay the loan without realizing that you are paying it.
The company has a benefits system for all clients, including small fixed installments with durations of 13 to 16 weeks.
Other advantages of the benefits system is that different types of discounts are offered to those who are already customers with an acceptance of the requested capital of up to 15 minutes.
It is one of the few almost unique companies that allows you to return the loan you have requested in very small weekly installments, with the idea of avoiding defaults. The maximum amount we can get is 900 US dollars in each request as long as we have returned the previous loans on time.
Once the loan is accepted, you will receive the money in your account in less than 15 minutes.