Consumer loans are a non-secured loan so you can cover unforeseen expenses, short-term financial needs or unite small loans.
What is a consumer loan?
A consumer loan is a loan without collateral. This means that you don’t need to place security against your own assets to borrow money. It gives a high level of freedom, but not entirely without responsibility. Consumer loans provide a higher interest rate than other loans. You should therefore prioritise repaying the loan quickly.
Consumer loan calculator
Use the calculator to see how much a consumer loan will cost you a month.
Benefits of consumer loans
With consumer loans, you can solve short-term financial needs or unforeseen expenses.
Questions and answers about consumer loans
When does a consumer loan make sense?
Do you not have money in the recommended savings buffer account? Is the amount too large for your credit card? Sometimes unforeseen expenses or a short-term need for money appear. A consumer loan may then be necessary.
The purchase of furniture and interiors should not be traded by borrowed money, but taking a loan to renovate and increase the value of a home can be a possibility. Check first whether you can refinance existing home loans.
Vehicle, boat and motorcycle
Sending boats, motorcycles or cars to the auto repair shop is often a sudden expense. First, check whether the bill is covered by your insurance. If you need to cover the repair yourself, a consumer loan can help.
Price example consumer loan
Nominal interest rate from 10.9%, effective interest rate 11.7%, NOK 100,000 over 5 years, establishment fee from NOK 500. Cost NOK 30,806. A total of NOK 130,806.
Flexibility and benefits when used properly.
Refinance consumer loans
Reinvest in consumer loans and other expensive debt.
Consumer loans for SAGA customers
Extra favourable conditions for SAGA customers.
Loans adapted to your finances.
Launch your boat dream with a boat loan.
Get up to 100% financing of the car.