Fast loan company: only 10 pct of clients are in trouble

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According to fast loan company SMS Laen OÜ only 10 pct of clients can’t handle servicing the loan and fast loans shouldn’t be indiscriminately criticized, ERR News reports.

“We always stand for our clients’ interest. That is also shown by the statistics, according to which only 10 pct of clients can’t service their loans,” Aaro Sosaar, CEO of SMS Laen said in the press announcement.
“And with 90 pct of them (of that 10 pct – edit) we always reach an agreement which satisfies both parties,” he confirmed.

Sosaar finds that the fast loans have a place in the economy.
“That is confirmed by consumers’ high interest and demand to solve unexpected financial problems,” Sosaar wrote.

He noted that the same service is offered by the banks and both companies have clients.