Loan in Sweden – Find personal loans in Sweden

Updated:

Tobias Sjöström

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Amount

5.000 – 600.000 kr.

Payment period

12-240 months

Interest

3,41 – 29,99%

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100% Free & non-binding loan in Sweden

Response time: Immediately

*Ex: Total credit amount SEK 150,000. Term 5 years. Setup fee SEK 495. Administrative fee SEK 0. Interest rate 4.53%. Total repayment: SEK 167,465. Divided into 60 months, resulting in a monthly cost of SEK 2,783

Loan in Sweden - Recommended by SwedenExpat.com

Amount

10.000 – 600.000 kr.

Payment period

12-180 months

Interest

6,98 – 33,75%

4,8 Reviews 2.485 • Excellent

Free & non-binding

Response time: Immediately

*Ex: Total credit amount SEK 200,000. Term 12 years. Cost per month 2032 (over 144 months). APR 6.98%. Total repayment SEK 292,653. Term 1-15 years. Interest rate range 4,70%-33,75%

enklare loans in sweden

Amount

5.000 – 600.000 kr.

Payment period

12-240 months

Interest

3,01 – 29,99%

4,7 Reviews 6.680 • Excellent

Free Application

Response time: Immediately

*Ex: Total credit amount SEK 150,000. Term 5 years. Setup fee SEK 495. Administrative fee SEK 0. Interest rate 4.53%. Total repayment: SEK 167,465. Divided into 60 months, resulting in a monthly cost of SEK 2,783

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Amount

5.000 – 600.000 kr.

Payment period

12-240 months

Interest

2,99 – 29%

4,7 Reviews 6.680 • Excellent

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Offers available within 24 hours

*Ex: Total credit amount SEK 150,000. Term 5 years. Setup fee SEK 495. Administrative fee SEK 0. Interest rate 4.53%. Total repayment: SEK 167,465. Divided into 60 months, resulting in a monthly cost of SEK 2,783

Get a loan in Sweden with our expert guidance. Here, we present an array of loan options tailored to meet your financial needs. The loan offers are 100% Free & non-binding, guaranteeing quick responses to help you save money effortlessly.

How to get a loan in Sweden:

  1. First, click the “Compare Loans” button.
  2. Choose the amount (lånesumma).
  3. Set your preferred payment period (lånetid)
  4. Click Continue (Påbörja ansökan)

Standard Loans in Sweden

When you check the loan market in Sweden, you will find that the products are standard and not customized to suit customers’ needs.

However, that does not stop people from looking for needed loans. They look for standard loan products that are best suited to meet their needs. 

It is prudent to remember that standard loan products are not bad. In fact, they are more beneficial than you realize. These products are more affordable, so there is competition in Sweden to provide cheap loans.

At Loan Sweden, not only can you compare different loans, but you will also be able to select one loan in Sweden that is the most suitable for you.

Through our platform, you will enjoy greater transparency and know exactly the financial commitment you must make when taking a long-term or short-term loan. 

Tobias from SwedenExpat.com - Loan in Sweden
Tobias , Financial Advisor at SwedenExpat.com

Types of Loans You Can Get in Sweden

Whether you are a citizen of Sweden or a legal foreigner living in the country, you can apply for a loan in Sweden. However, you would have to fulfill a few eligibility criteria. Some of them are as follows:

  • Have a fixed address in Sweden
  • A stable income source
  • A job
  • Good finances and credit history
  • Be at least 18 years of age
  • Have a bank account in a Swedish bank

Once you fulfill these eligibility criteria, you can apply for a loan. You can apply for a mortgage, payday loan, business loan, or even a personal loan in Sweden. Here are some of the different types of loans you can apply for:

Quick Loans:

You can apply for a payday loan if you want money to tide over the month. This loan is a short-term loan, and your cheque works as the collateral.

You have to hand over a cheque made to the lender and includes the principal amount and the fees. Usually, traditional banks and lenders do not provide payday loans. You would have to get this loan from a private lender. 

Business Loan:

This loan is for businesses of all sizes. Besides financial support from the government, businesses can avail of loans for capital investment. The loan can help startups get going, aid the expansion of a business, or help with product inventory and research and development. 

Student Loan:

While Swedish students can get government grants, foreigners living for at least two years in Sweden and wanting to pursue higher education can apply for student loans. Most lenders offer attractive terms and conditions for students, making these a popular choice for many. 

Mortgage Loan:

Types of Loans You Can Get in Sweden

This loan is designed to help you become a homeowner. Using the online loan calculator on Loan Sweden using different variables to decide the amount you are comfortable borrowing is advisable.

Remember to account for your current debts while doing your calculations. The amortization table and pictorial representations will give you a clear picture. 

Car Loan:

You can also get loans to buy a brand-new or used car. Lenders usually have eligibility criteria for car loans, but you do not have to worry about collateral as your car functions as one. That also means that if you default on the loan, you risk the car getting repossessed. Hence, it is best to consider and select a car loan you can afford without stretching or breaking your monthly budget. 

You can check the platform to find the right lenders and get more insight into the different types of loans you can get in Sweden.

You can connect directly with the lenders to find out more details and then select a loan that is perfect for your needs.

TOBIAS SJÖSTRÖM

Using Loan Sweden simplifies the selection of the loan and allows you to choose a lender you are comfortable with. It also removes the time and effort you would otherwise take to find the right loan and lender. That is why you should not think twice about using this platform. 

How to Find the Right Personal Loan Lender

Thanks to the internet, it is now possible to sit in the comfort of your home and find loan products that are right for you. Instead of physically visiting a bank or lending institution, you can use Loan Sweden to perform an online search and find lenders. 

We have ensured that you get access to several lenders, each offering attractive products with flexible terms and conditions. However, we still advise potential borrowers to first shop around and check similar loans by multiple lenders. That will enable you to find a lender with the right terms and interest rates. 

When you are shopping for loans, here are a few things that you should consider:

  • Interest rate
  • Ease of applying for the loan
  • Terms and conditions
  • Fees associated with taking the loan

Usually, lenders have an interest rate range that they apply to different borrowers. The better your credit hist

Final thoughts about loan in Sweden

Getting a loan in Sweden is not that difficult if you know where to look. Loan Sweden offers you an opportunity to find the right loan provider and the loan using the Internet.

You can look at the different loan products and select one that is perfect for you, even though it will be a standard loan. 

If you want to know more about the platform or have queries, you can contact us; we will gladly assist you. 

Additional Resources

ABOUT Tobias Sjöström

Tobias brings much experience from his time at one of Sweden’s largest banking institutions. He’s not just our lead financial guide; he’s also an avid traveler who understands the challenges expats face.