The best loan offer is found only by competing offers. We have compiled a guide to help you get the best offer on the market – and typically save 500–3,000 € over the repayment period.
A single loan offer is a poor benchmark because you have no comparison. The best offer only comes when the same starting values (loan amount, period) are given to several lenders and results are compared side by side. Below are lenders that usually do well in competitive bidding – compare their offers with your own.
Virolainen P2P-rahoitusalusta, joka tarjoaa joustavaa Bondora-luottoa nopealla päätöksellä.
Loan example: €3,000 loan, repayment period 24 months, effective annual rate 18.4%, monthly installment approx. €150.
Suomalaislähtöinen Multitude Bank, joka tarjoaa sekä pikalainoja että suurempia kulutusluottoja 100 – 20 000 €.
Loan example: €5,000 loan, repayment period 36 months, effective annual rate 16.8%, monthly installment approx. €178.
Typically 500–3,000 € over the repayment period. On a 10,000 € loan (5-year period) the gap between the cheapest and most expensive offer can be 2,500 € – nearly 10 % of the principal.
Yes, competitive bidding is safe. Most comparison services use "soft check" queries that do not show up on your credit record. Only when you submit the actual loan application (selecting the winner) does a "credit inquiry" mark appear.
3–5 is optimal. Fewer does not give enough comparison; more brings diminishing returns. Through a comparison service you get them all with one application.
Not always. The cheapest can be the least flexible – no payment-free months, strict extra terms. The best offer considers the whole: price, flexibility and reliability.
Yes. When you have written competing offers, many lenders improve theirs – especially banks and long-term partners. A short email or phone call can save 0.5–1.5 percentage points on the interest rate.
All offers on one page – free and anonymous comparison.