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This information is intended exclusively for residents in Portugal.

Personal Loan Solutions

Finance your projects simply and quickly

Personal loans up to €50,000.

Finance your projects

Financing your projects has never been this simple

Home Renovation / Remodeling

Give your home a new life

Personal purposes

Health expenses, equipment purchases…

Training

Invest in your future

Used car or motorcycle

What is a Personal Loan?

A personal loan is a type of financing granted by a bank or financial institution that can be used to fund personal projects, goods, or services. It is a loan that does not require collateral and is repaid through fixed instalments.

FINALIDADE DE CRÉDITO

VALOR A FINANCIAR

PRAZO

MENSALIDADE

0,00€

Prestação mensal indicativa de 0,00€ para um crédito a 0 anos. Não inclui seguros, taxas e despesas eventualmente aplicáveis.

Our team of professionals is available to help you find a credit solution tailored to your profile.

How does it work?

Step-by-step credit process

1 Submit your request

Tell us how much you need.

2 Choose the best offer

Review the options we present and decide!

3 Get fast approval

Receive a response within 48 hours.

4 Receive the funds

The funds are deposited into your account.

Essential concepts

Understand the terms that affect your personal loan.

APR – Annual Percentage Rate (TAN)

Base rate applied to the outstanding principal, excluding commissions or insurance. Annual percentage applied to the loan. It does not include additional costs or taxes.

APR – Annual Percentage Rate (TAEG)

Total cost of the loan, including commissions, taxes, and insurance. The best metric for comparing offers between banks, as it aggregates all charges.

ISUC

Stamp Duty on Credit Use, a mandatory tax charged on the amount actually used from the loan.

MTIC

Total amount to be paid by the end of the contract, including all consolidated debts.

Early Repayment

Allows you to pay off the loan before the agreed term, reducing future charges.

Credit Insurance

Protects both the client and the bank in case of unforeseen events.

Practical tips

Useful advice to consider before taking out a Personal Loan

Assess the need for the loan

Before taking out a personal loan, consider the reason for your request and whether financing is truly necessary. Whenever possible, compare the cost of the loan with other alternatives.

Determine the appropriate loan amount and duration

Only request the amount you truly need and choose a term that allows you to pay the installments comfortably. A longer term reduces the monthly payment but increases the total cost of the loan.

Assess your financial capacity

Make sure the new installment fits within your monthly budget. The Bank of Portugal recommends that the debt-to-income ratio (the percentage of income allocated to loan payments) should generally not exceed 35%.

Compare different loan offers

Terms such as interest rates, fees, and insurance vary between institutions. Request simulations and always compare the APR (TAEG), which reflects the total cost of the loan.

Check the APR (TAEG) and the Total Amount Payable (MTIC)

The APR (Annual Percentage Rate) (TAEG) shows the total cost of the loan as an annual percentage. The MTIC (Total Amount Payable by the Consumer) indicates the total amount you will pay by the end of the contract, including interest, fees, and other charges.

Be aware of fees and additional costs

Review the opening, processing, early repayment, and late-payment penalty fees. These amounts can significantly impact the final cost of the loan.

Understand the type of interest rate

Personal loans may have a fixed rate (the installment remains the same throughout the contract) or a variable rate (it may rise or fall depending on the market). Make sure you know which one applies to your contract and the associated risks.

Check if there are any associated insurance policies

Some institutions require life insurance or credit protection insurance. Confirm whether they are mandatory and whether you are free to contract them with another insurer.

Read the Standardised Information Sheet (FIN) carefully

Before signing, review the FIN provided by the institution. This document contains all the loan conditions and allows you to compare offers transparently.