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How to apply for a consumer loan online for free
First
Fill in the application and send it in.
Then…
Get an overview of the banks’ offers on interest, fees and installments.Use the overview to compare the loan offers.
In the end
If you accept, the money will be transferred directly to your account.
The offers stand for approx. 30 days. If you don’t want the loan anyway, just end the process. Everything is done electronically and efficiently with BankID. Application processing time is 1-2 hours, often faster.
Here’s what we need to know
- How much do you want to borrow?
- Name, birth and social security number
- Contact information
- Annual income and whether you are applying with someone
- Your marital status and whether you have children
- Place of work and citizenship
- All the debt you have now
The full overview of your debt is available at Gjeldsregisteret.no
Who can apply for a consumer loan?
- You have reached the age of 23
- You have a fixed income of at least NOK 230,000
- You have lived and taxed in Norway for the last three years
- Everyone who applies for a loan is credit assessed
All banks in Norway carry out a credit check on everyone who applies for a loan. What is a credit check?
Apply for a consumer loan online
Sometimes we need money for unseen expenses.
Consumer loans are a good option when large or unforeseen expenses arise.
With us, you can apply for a consumer loan safely and securely online for NOK 5,000-600,000.
Loan calculator – How much will the loan cost me?
All about consumer loans
Here we have gathered information about everything you need to know about consumer loans.
Are you wondering about something we don’t answer here?
Get in touch and we’ll help you!
What is a consumer loan?
A consumer loan is money that banks lend without you having to secure the loan with, for example, your home, cabin or assets.
Because the bank does not require any collateral from you, the interest rates on consumer loans are set higher than they are on mortgages or car loans.
This makes the application much simpler and the process shorter for both you and the banks. Read more about what a consumer loan is here.
What can I use consumer loans for?
You can use a consumer loan for whatever you want! Consumer loans are often referred to not only as unsecured loans, but also as home improvement loans, holiday loans, boat loans, motorcycle loans, restart loans and refinancing loans.
People often apply for consumer loans because they have unforeseen expenses, they have a strong desire to acquire or treat themselves to something and fulfill a dream.
The bank doesn’t decide what you use the money for, only that you pay it back.
Why apply for a consumer loan with us?
What we can do is take a very important but time-consuming task away from you!
We take the job of sending your application to many banks at the same time and collect the loan offers for you so that you can compare interest rates, fees and installments as easily as possible.
So you don’t have to search for the cheapest loan everywhere yourself.
We find the lowest interest rate and the best loan when you apply.
We do the job for free and without any obligation.
Our job is to be experts in the market, and it’s the banks that pay us.
Consumer loans are often used for:
- Refurbishment and renovation
- Collect small loans
- Holidays, travel and experiences
- Car, boat and motorcycle purchases
- Appliances and electronics
- Unforeseen expenses and refinancing
A smarter choice of small loans
Consumer loans are often a smarter option when you need money because the interest rate is lower than on the vast majority of credit cards.
You get up to five years repayment time in addition to a much lower interest rate than the credit card company will give you.
If you need money quickly, this can be more profitable than using credit cards with sky-high interest rates to pay for your renovation, trip, car purchase or wedding.
The benefit of using us when applying is all about finding the lowest interest rate and the best terms you can get.
It’s important that you don’t accept a random loan offer from a random bank.
Once you’ve got us on the job, we can also help you reduce your expenses if you have several small loans!
Read more about terms and conditions for consumer loans
What does unsecured loan mean?
An unsecured loan is often called a consumer loan, but it can also be called a refinancing loan, restart loan or credit card.
Usually, when banks lend money, they want security to get the money back.
The collateral is usually a home, cabin, car or boat.
An unsecured loan is therefore a loan you get without the bank requiring collateral.
Such loans are often no higher than NOK 800,000, have a repayment period of 5 years and interest rates usually between 8.9-20%.
What interest rate can I get on my consumer loan?
The interest rate on a consumer loan is the price you have to pay to borrow money from the bank.
The interest rate is determined by two things: What it costs the bank to lend you money and the risk the bank takes that you won’t pay it back.
The interest rate you get is calculated according to your personal finances and ability to pay – therefore the interest rate is individual.
The bank orders a credit assessment to determine your interest rate.
Therefore, you must submit a loan application to find out what interest rate you get on the consumer loan.
You are free to choose whether you want to accept or reject the loan offers presented to you by us.
How to compare interest rates and loan offers
- Use our consumer loan calculator and calculate the desired amount
- We send your application to the banks
- The bank gives you a personalized offer on interest, fees and installments
- We’ll give you a complete overview of the offers, and you can compare the different offers in a clear way.
We’ll also help you assess the loan offers against each other and give you tips and advice along the way. - You say yes or no.
Always choose the offer that best suits you and your finances.
The money is transferred directly to your account.
We help you find the best loan offer
It’s easy to apply on your own, but remember that we can help you fill in and complete the application. Just ask for help or advice!
Still wondering about something?
Contact us and we will help you! We are always available for a chat.
Articles about consumer loans
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