Editorial
How data reaches the site and how advertising is kept apart from content
Updated
Who is responsible
The site is run by 123laen OÜ (registry code 14771385). Articles are written by financial analyst Konstantin Filatov; each article shows its author and the date of the last substantive update. Editorial and partnership enquiries: info@123laen.ee.
Where the data comes from
- Terms and representative examples — published by the lenders themselves. An advertising card only uses a lender’s example checked within the last 30 days; an older or incomplete example means no card.
- Licences — the public register of the Financial Supervision Authority (fi.ee).
- Law and limits — the consolidated text in Riigi Teataja, Eesti Pank and minuraha.ee; the link sits next to the text.
Amount
Monthly payment
–
Interest and fees
–
Total repaid
–
Illustration: 15% annual interest, 50 € contract fee, annuity schedule. Not an offer — actual terms are in the lender's representative example.
How we check and update
- Lenders’ data is refreshed automatically every night; if a source does not respond, the last checked state stays, never partial data.
- The APRC must exceed the interest rate and the total repayable must exceed the amount, otherwise the example is not shown.
- Figures and rules are written from a source; without a source there is no figure.
- Calculators and the “indicative monthly payment” are our calculation with the lender’s example rate, not an offer.
Advertising and content
Lenders’ offers are advertising: the block is labelled Advertisement, and every card shows the lender’s representative example, licence and the warning “Caution! Borrowing money costs money.” The order depends on the advertising terms and is the same for every visitor; you can filter and sort the list by amount and term yourself. Advertisers do not commission or approve articles and guides. The revenue model is described on Advertising and revenue.
Tap a highlighted part to see what it means.
Representative example: over , and gives , .
Amount
The amount the lender pays out to you. Every other figure in the example applies to this amount.
Term
How long repayment takes. A longer term lowers the monthly payment but raises the total cost.
Annual interest
The yearly price of the amount used. Interest excludes fees, so it is not enough to compare offers on.
Contract fee
A one-off charge for signing the contract. On small, short loans it pushes the APRC up sharply.
Monthly fee
A recurring servicing charge. Over 36 months it adds up to €72.00 — part of the price, not a detail.
APRC
The annual percentage rate of charge adds interest and all mandatory fees and expresses them per year. For similar amount and term it is the best single number to compare offers.
Total repayable
Everything repaid over the contract: amount, interest and fees. The real price is the total minus the amount borrowed — €813.18 here.
Illustrative example, not an offer from any lender.
What we do not do
We do not issue loans, accept or forward applications, assess creditworthiness or ask for personal data to find a loan. The lender makes the decision and signs the contract.
True or myth?
«The interest rate is enough to compare two offers.»
— Myth
Interest excludes contract and servicing fees. Those are included in the APRC and the total repayable, which is what offers should be compared on.
«You can withdraw from a consumer credit agreement within 14 days without giving a reason.»
— True
On withdrawal you return the amount received plus interest for the days you had the money. No penalty may be charged for withdrawing.
«A lender may grant a loan without checking affordability.»
— Myth
Responsible lending rules require the lender to assess income and existing obligations before signing the contract.
Reporting an error
Spotted a wrong amount, an outdated term or a broken link? Write to info@123laen.ee. We check it against the lender’s source and correct the page; a substantive correction changes the page’s update date.