Kantora Latvian society, based in Riga, offers loans ranging from 50 to 500 Lats (70 to 700 euros) to all, regardless of age, material status or previous debts. Loans are available for 90 days, at the rate of 365%.
"There is only one condition, the borrower must promise his soul," the company said on its website. "This is my immortal soul" by giving only his first name and no other form of security, the person receives a fair amount.
If the customer fails to repay the credit, his soul belongs to Kantora that promises no violence to the defaulters.
"If they do not pay, they will have more soul," says the representative of the Financial Corporation.
Two months after opening, Kantor had over 200 people who have mortgaged their souls.
Enough to worry about Cardinal Janis Pujats, head of the Catholic Church of Latvia said that with his counterparts from the Lutheran and Orthodox, they formally asked the Interior Ministry to investigate.
They fear that the "Satanists" and not just money lenders are behind this cynical process.