Personal loans

A personal loan (also called an unsecured loan) is a loan that does not require collateral. This means that the financial institution does not rely on any property as security, in case you should not be able to repay your loan. Therefore, you will not need to pledge your residence or your car, for example, in order to take out the loan.

What the loan is used for is up to you. You could for example consolidate your expensive loans and credits, renovate your home, take a trip or buy a new car. 

Why you should apply for a loan with Zmarta

• Get a loan of up to 600 000 SEK

• Loan offers from up to 35 banks and financial institutes

• Redeem expensive small loans and credits, consolidate loans or take out a loan for investments

• Apply together with a co-applicant

• Get the best interest rates and conditions based on your financial situation

Are there personal loans with low interest rates and great conditions?

Interest rate is important when you are ready to sign up for a loan. Interest is the way you pay the bank or the financial institute for your loan. Therefore, it is important to choose a loan at the lowest possible interest rate. Your interest rate is determined by several factors, such as the size of the loan, your creditworthiness, your income and how probable it is that you will be able to repay the loan. Financial institutions put different amounts of emphasis on these factors, and this is why you might be offered different interest rates depending on the financial institution.

Compare personal loans before signing up

Many people might flinch upon hearing about personal loans without security. You might ask yourself: What does an unsecured loan mean for me? However, security in this case is not about your security, but rather security from the perspective of the financial institution – since you are not pledging anything to them that they might claim if you cannot repay your loan.

There are cheap personal loans with great conditions and low interest rates, you only need to find them. With Zmarta, you can compare up to 35 banks and financial institutions in order to get the best personal loan to match your financial situation.

How do I compare loans with Zmarta?

Comparing loans with us couldn’t be easier. Apply for a personal loan by submitting an application through our form, and we will do the legwork for you. If you want to apply for a loan with Zmarta, we require that:

• You are over 18 years old.

• You have an annual income of at least 100 000 SEK through work, unemployment checks or the like.

• You do not have any unpaid debts with the Swedish Enforcement Authority.

However, you can apply for loans with Zmarta if you have records of non-payment. We collaborate with several banks and financial institutions that will accept records of non-payment. 

Find the personal loan at the lowest interest rate

Your interest rate is determined by several factors, such as the size of the loan, your creditworthiness, your income and how probable it is that you will be able to repay the loan. Financial institutions put different amounts of emphasis on these factors, and this is why you may be offered different interest rates depending on your financial institution.

Why should you use Zmarta to find personal loans at a low interest rate? Because we match you to up to 35 banks and financial institutions, so that you can receive several loan offers with only one credit report.

Things to keep in mind when applying for a personal loan

When you are looking for a personal loan, you would of course like to get the best possible conditions. What conditions you will get is affected by the size of your loan and your preferred repayment period. It is also affected by how much of a risk the financial institution considers it to be to approve a loan for you. There are several things you can do in order to get the best possible conditions. You might, for example, consider:

• The size of your loan and your preferred repayment period – could you perhaps make do with a smaller loan than you initially planned for? A quicker installment rate is a way to lower the total cost of the loan.

• Are you able to repay existing loans and debt before applying for a new loan? The less debt you have, the better possibilities you have to get a loan at a low interest. You could potentially consolidate your smaller loans into your new one.

• Whether or not you are able to apply for the loan together with someone else. A co-applicant will affect the conditions of your loan: it affects the risk of approving a loan for you, as well as your financial situation, since there are two people sharing the responsibility for the loan.

Apply for a personal loan

Have you decided to apply for a personal loan with Zmarta and still have questions you need answered before proceeding? Get in touch with our customer service, and we will help you with any and all concerns. Moreover, we would like to tell you that:

• Comparing loans with Zmarta is free of charge.

• You are not obligated to do anything until you have signed an agreement, and you do not need to accept a loan offer if you do not wish to.

• Only one credit report will be issued from UC, which means that your creditworthiness is not affected.

Frequently asked questions

• How much can I borrow?
• Do I have to amortize my personal loan?
• Can I apply for a loan even though I have records of non-payment?
• When is my loan paid out?
• When will I hear back from the banks?
• Can I apply for a loan if I am a student, if I am a probationary employee or if I collect unemployment?
• How fast can I repay my loan?
• What banks do Zmarta compare?