This lender also has car loans and mortgages – read more below. Apply for a loan Visit lenders
Loan and Credit is undoubtedly one of the major banks in Sweden. The number of customers using the bank for any kind of service is counted as several million. Loan and Credit also has over 300 branches in Sweden. In addition, there are over 200 offices in other countries, especially in the Baltic countries.
Loan and Credit is a full-range bank, which means you can get help with most financial services. A couple of quick examples are borrowing money, savings account, credit card, pension and stock savings.
Loan from Loan and Credit
At Loan and Credit it is possible to take out both loans with collateral and loans without collateral. The loan that has no collateral is a private loan that can be used for whatever you want. The maximum amount that can be borrowed through private loans is USD 350,000.
If you look at loans with collateral, there are several such to choose from. It is for example car loans, motorcycle loans and mortgage loans that you can apply for. The rules are different depending on what you borrow for, for example, if you look at mortgages, you can get a mortgage loan up to 85% of the value. If you then look at a car loan, it is possible to borrow up to 80% where the car stands as collateral.
Conditions for borrowing from Loan and Credit
Like all other major banks, Loan and Credit has relatively tough requirements on those who want to borrow money. This means, for example, that payment reminders usually always stop a loan application. It will also require a fixed income each month that is large enough for the bank to feel secure in lending money.
How high it must be can not be said as it depends on the size of the desired loan. It goes without saying that anyone who wants to borrow USD 500,000 for a house does not have to have as much income as the one who wants to borrow USD 4,000,000 for a home.
For example, Loan and Credit offers the following types of services:
- Private loans up to USD 350,000.
- Mortgages with mortgages up to 85%.
- building loans
- Car loan
- Caravan & camper loan
- savings accounts
- Payment & Credit Cards
- Fund & share savings