A project to finance, without putting the house up as collateral.
A car, training, health, small works, something unexpected. A personal loan solves it fast — and it is the most expensive on the market. We tell you what it really costs, and when there is a better route.
Banks and finance houses compared
It is not just the branch where you hold your account
The APRC explained
What you actually pay, not the advertised rate
At no cost to you
And we say when there is a cheaper route
Without collateral, the bank prices in the risk
With a home loan the bank has the property on the other side. With a personal loan it has nothing — and that is why the rate is several times higher, even for someone with everything in order.
The number that matters is not the advertised rate: it is the APRC, which already includes interest, fees, insurance and expenses. That is the one we compare, and that is the one we show you side by side.
If you own a home, there is almost always a cheaper route
For works, for merging loans or for larger amounts, topping up your home loan or a mortgage-backed facility usually costs a fraction of a personal loan, and over much longer terms.
We check that first. If your case fits, we will tell you — even if it means more work on our side and even if it is not the product you came looking for.
What the bank looks at before saying yes
Your debt-to-income ratio (how much of your income is already committed), the Banco de Portugal credit report, the type of contract and how long you have held it. Consumer credit is stricter than it was a few years ago, and a refusal goes on record.
That is why we do not fire off applications at random. We first see where your case has a real chance, and only then move — instead of piling up refusals in your name.
Find out in 1 minute what terms you can get
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