Personal loans in Norway

To start, you should go through all the lenders in our list. You can see and compare all the relevant terms and conditions for each broker and lender in our overview.

Once you’ve found a lender or broker that you think suits your needs, go ahead and click on “Til søknaden”, where you’ll be redirected to the application.

Fill out whatever information the lender or broker needs in order for you to be able to proceed. Generally speaking you will have to fill out your fødselsnummer, e-mail and phone number to apply for a loan. Once you’ve filled out the application you need to verify and send it with BankID.

After you’ve sent an application, you will generally receive offers the same day if you applied earlier in the day on a weekday. Following this, an email will be sent to you with a link to redirect you to your offer. You can from there choose to accept or decline the offer.

If you decide to accept the terms and conditions of the loan, you will sign an agreement digitally using BankID, and the payment will be sent to your bank account connected to that BankID.

By using a so-called “medlåntaker” which is a term for when you are borrowing money with someone, like your spouse for instance, your chances of getting a personal loan increases a lot. The reason for this is because now the bank, or lender has two people paying back the loan, instead of just one, which in other words increases the likelihood of it being paid back.

Instead of applying for another personal loan, you can apply for a refinancing loan instead and collect all your debts into one singular loan and pay off that instead. Once that is paid off, you will have a much higher credit score, and therefore getting a loan in the future increases a lot.

A lot of people make the mistake of sending too many applications during a short period of time. To the banks this seems as desperation and sends bad signals, as if you are in dire need of money due to a poor economic situation. Instead we recommend that you use a broker who co-operates with many banks, and therefore you can get a lot of offers with just one application. 

Applying for a lower amount will see the loan have less of an effect on your finances since the repayment will be cheaper both monthly and overall once everything is paid off. Since the loan will be cheaper, the lender will be more likely to accept your application.
Perhaps this could also be a chance to make some extra money by selling spare items that are sitting unused.