Esto

Page last edited: 05.11.2026

Esto – always have money at hand!

Esto is a lender offering consumer loans online. Unlike a credit line, such a loan is a one-off sum transferred directly to the client’s bank account and repaid in regular instalments, including interest, according to a pre-set schedule. The amount is 500 to 15,000 EUR, the term is 6 to 120 months and the APR starts from 22.20%. The application takes about a minute to fill out and is reviewed within 30 minutes; the client then reviews the terms and signs the contract online. The money reaches the chosen account within one business day of signing, and payments on all contracts are due by the 15th of each month. Contracts can be managed in the ESTO account; residents of Latvia aged 19 to 70 can apply.

Phone: –
Email: info@esto.lv
Website: esto.lv

A monthly administration fee (administrēšanas maksa) looks small at first glance, but on smaller loans it noticeably raises the annual percentage rate: in the Esto example the nominal rate is 7.90%, while the APR is 22.20%. Banks and non-bank lenders in Latvia see an applicant’s obligations through the Bank of Latvia Credit Register (Kredītu reģistrs), so even loans that are being repaid on time reduce the amount a lender is willing to approve. If your income suddenly drops, it is better to contact the lender straight away: many offer a payment deferral or term extension, while arrears cost more. A short-term loan is best taken for a term over which the money can realistically be repaid: with many lenders, as with Esto, the contract term cannot be shortened later, although larger payments are allowed.

When do I need to make a payment?

The payment deadline for all active Esto contracts is the same and does not change: payments must be made by the 15th of each month. It is therefore convenient to plan your budget in advance so that the required amount is in the account by this date.

Why might a consumer loan be refused?

There can be several reasons for a refusal: the applicant does not have a stable or sufficiently high income; there is an active debt to Esto; the gap between obligations and income is too small; there are other active obligations in the credit information register; the credit rating is not good enough at the moment. When assessing creditworthiness, Esto takes into account the applicant’s income, current obligations and payment habits.

What if I can’t make my monthly payments?

If the client has lost their job, their income has dropped or other difficulties have arisen, Esto can assess whether the repayment period can be extended, thereby reducing the monthly payment. An agreement to defer payments for up to three months can also be considered. It is best to get in touch straight away, without waiting for arrears.

Can the contract term be shortened?

No, Esto does not offer to change the loan term to a shorter one. However, a larger payment can be made at any time, reducing the loan balance.

Is there a contract arrangement fee?

Judging by the Esto calculation example, no contract arrangement fee is charged, but there is a monthly administration fee – 2.90 EUR in the example. It is included in the monthly payment and taken into account in the annual percentage rate (APR).