Final amount of installment and cost of the credit will be calculated by bank based on your creditworthiness. FAQ Who can get a personal loan in Norway? Practically everyone who has a permanent personal number personnummer and is registered in Norway can obtain a personal loan. The personal loan is granted, usually to people who have income from employment. However, it is also possible to obtain a personal loan by receiving the unemployment benefit or a rehabilitation AAP.
All these factors are dependent on the requirements of individual banks. It is worth to make inquiries to see if you are entitled to a personal loan. What is the difference between the permanent personal number personnummer and temporary personal number D-nummer? Temporary personal number D-nummer is given to people who intend to stay in Norway for less than six months.
Permanent personal number personnummer is given to people who reside in Norway for more than 6 months. It consists of 11 digits, where the first six is the date of birth. Which document confirms residence in Norway and earnings from the previous year?
The Bank requires that the document was delivered complete, ie it includes all parties, not just the first. Can two people can apply for a personal loan?
Ideally if borrowers are married or related. When applying for a personal loan with another person you must provide a proof of earnings for both borrowers even if one of co-loan-takers started working in Norway relatively recently. Both people must meet following conditions: What is the minimum period of working time in Norway to seek personal loan? Banks have different requirements in Norway, but the longer we work, the better bank will assess our creditworthiness.
The document, which confirms earnings, is the pre-tax return Selvangivelse from the previous year.
For how many years can spread the repayment of the personal loan? Repayment of consumer credit can be spread up to 5 years. It is possible to obtain a credit with repayment period up to 15 years. In that case - refinancing other liabilities is required. How much can I get without security? The amount ranges from 5 to NOK. It depends on the period of employment with one employer, salary and length of stay in Norway Does the bank have the right to ask for what I want to allocate a personal loan?
Yes, the bank has right to know for what we want to allocate a personal loan, but usually does not ask clients for the purpose of the personal loan. Does the sending of inquiry is obliging? No, the form with your data and documents is transferred to financial consultant, who verifies your creditworthiness.
Then you get an offer based on responses from 18 banks in Norway. If you choose one of the options proposed, it remains only a confirmation which personal loan you choose.
3 simple steps to obtain a personal loan
How long is valid a personal loan application? The application is valid from two weeks to 30 days from the date of submission in the bank by our financial advisor. The length depends on the validity of the procedures of the bank. Does the financial advisor charges a percentage of the personal loan? In what the bank can get a personal loan after filling out this form? Your inquiry for a personal loan in Norway will be sent to the 18 Norwegian banks.
Thanks to that you will be able to choose the most advantageous offer. Can I get a personal loan if I am already paying off another personal loan in Norway? Yes, but it all depends on your creditworthiness and the amount of the loan. Many people choose to take a personal loan to pay off credit card - this seemingly risky operation, is in many cases very profitable and reduce the interest rate on the repaid personal loan.
What kind of personal loans offer from individual banks in Norway are? Personal loan offers are developed for each client individually. What is a Bank ID and why is needed?
To use it, you should go to your bank and ask for a service launch. BankID is necessary for the so-called. In case of the absence of BankID, the bank from which you want to get a personal loan will send a courier to the paper agreement to sign. I run my own business, can I apply for a personal loan? Yes, most banks accept applications from self-employed, while the frequent requirement is to have a document stating that you and your spouse are registered under the same address issued by the registry office.
We provide service in English. We do not charge any fees or commissions for a help with obtaining a personal loan. We help prepare a complete application, which we send immediately to 18 banks in Norway. Show more In the case of obtaining consumer credit offers our experts help you choose the offer, they will also advise a solution matched to your needs. We are discussing the entire process of signing a personal loan agreement at a chosen bank. In the case of people with other debts or credit cards, we find a solution in the form of refinancing, it means consolidation of other commitment.
This solution often helps to save for over a dozen to thousand crowns. We have already helped over 3 thousands customers. We invite you to cooperate.