Installment Agreement offers an opportunity to pay for a smartphone, a tablet, a computer or any other device by installments.
The cost does not change irrespective of whether you pay the whole amount at the moment of purchase or enter into an Installment Agreement and pay by installments. The last monthly installment may differ from other installments.
The first down payment in the amount of 10% from the total value of the device should be made only by individuals who have been our customers for less than 3 months, and if the outstanding amount exceeds 1,400 €. In all other cases you can choose the amount of the down payment or whether to pay it at all.
You can pay the outstanding balance at any time and discharge your contractual obligations. No contractual penalty is calculated.
Anyone can purchase a device by entering into an Installment Agreement – customers of the LMT and other operators, users of pre-paid cards, as well as those who have not yet made up their mind.
As we take great care to ensure that our customers meet their long-term obligations, an Installment Agreement may be refused if limited information is available about the creditworthiness of a customer, or it is negative, etc.
Ownership of any device purchased under an Installment Agreement is conveyed to you as soon as the agreement is signed.
Irrespective of the term of your Installment Agreement, any new device is subject to 24-month guarantee pursuant to the Latvian law.
Installment Agreement does not provide for that.
We will make a decision on a case-by-case basis.