How does a personal loan work?
A personal loan is an unsecured, non-purpose consumer loan: you don’t have to justify how you use the funds. The rate is fixed, the monthly payment stays the same from start to finish and the term is known when you sign.
Before making any proposal, your adviser reviews your income and outgoings to set a realistic monthly payment. You then receive a detailed offer with the APR, the total cost and the amount of each instalment.
For which projects?
- Life projectsWedding, new baby, moving house, studies.
- EquipmentAppliances, furniture, IT equipment.
- LeisureTravel, driving licence, leisure equipment.
- Unexpected costsAn unexpected expense to spread over time.
How it works
Personal loan: the steps
- STEP 1
Your application
Enter the amount and term you want in a few minutes.
- STEP 2
The review
An adviser checks your ability to repay with you.
- STEP 3
The offer
You receive the loan offer with its APR and total cost.
- STEP 4
The funds
After signing, the funds are paid out 7 days later at the earliest.
Good to know
What you need to know before committing
Amounts and terms are indicative, subject to approval of your application by the lender.
- 14 days to change your mindYou can withdraw without giving a reason within 14 days of signing.
- Early repaymentPossible at any time, in full or in part. Compensation capped by law may apply.
- Optional insuranceLoan insurance is not compulsory for a personal loan, but it can protect you.
What is the difference between a personal loan and a linked loan?
With a personal loan, you use the money however you wish, with no proof required. A linked loan (car, home improvement) finances a specific purchase: if the sale or service does not go ahead, the loan is cancelled.
How much can I borrow?
It depends on your income, outgoings and existing loans. Your adviser works out with you a monthly payment that fits your budget, for an amount between €1,000 and €75,000.
How soon will I receive the funds?
An agreement in principle is given within 48 working hours of receiving a complete application. After signing the offer, the law requires a minimum of 7 days before the funds are paid out.
Our other solutions
Another project to finance?
Car & motorbike loan
New or used vehicle. The loan is cancelled if the sale does not go ahead.
Learn more →Mortgage
Main home, second home or buy-to-let: rate, insurance and guarantees negotiated.
Learn more →Home improvement loan
Renovation, extension, energy upgrades: add value to your home.
Learn more →Debt consolidation
A single monthly payment that fits your budget. A longer term may increase the total cost.
Learn more →Business financing
Start-up, growth, equipment or cash flow for entrepreneurs.
Learn more →A project to finance?
Apply online. An adviser will get back to you within 24 working hours.