Why does debt consolidation make sense

  1. You only need to pay off one loan. Debt consolidation often saves you money. After consolidating your loans, you will only pay expenses for one loan. 
  2. Hassle-free service. Our debt consolidation loan is granted as FlexiCredit. Fill in the application for a debt consolidation loan. If we can grant you the loan, we will consolidate the loans for you.
  3. Convenient online and mobile services. You can easily manage only one loan in Netbank and Nordea Mobile. You can make changes to your loan anytime it suits you. 

1. Fill in the loan application

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Fill in the loan application, select debt consolidation and we will contact you.

2. Information on your credit

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Please send us an image of the invoice for your credit or instalment debt.

3. Credit decision

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If we can grant you a loan, we will pay off your old debt.

4. More flexible finances

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One sensible and flexible loan with your own bank. 

Debt consolidation - FAQ

Example calculation

Calculation for consumer credits issued after 1.9.2019.

Nordea's FlexiCredit is a one-off loan and its interest is the 3-month Euribor quoted on the first banking day of the month in which the credit application is signed + a margin of 8.9%. With a nominal interest of 12.81% and a 83-month loan period, the annual percentage rate of charge on a FlexiCredit of 8,000 euros is 17% (January 2024). The total sum of the credit and credit costs is 13,172.25 euros and the number of loan payments is 83. The opening fee for the loan is 0 euros. The calculation includes a monthly account management fee of 12.50 euros in the case of automatic debiting.

For Nordea's mortgage customers:

Nordea's FlexiCredit is a one-off loan and its interest is the 3-month Euribor quoted on the first banking day of the month in which the credit application is signed + a margin of 5.9%. With a nominal interest of 9.81% and a 73-month loan period, the annual percentage rate of charge on a FlexiCredit of 8,000 euros is 13.8% (January 2024). The total sum of the credit and credit costs is 11,590.54 euros and the number of loan payments is 73. The opening fee for the loan is 0 euros. The calculation includes a monthly account management fee of 12.50 euros in the case of automatic debiting.

For Nordea's Premium customers:

Nordea's FlexiCredit is a one-off loan and its interest is the 3-month Euribor quoted on the first banking day of the month in which the credit application is signed + a margin of 2.9%. With a nominal interest of 6.81% and a 66-month loan period, the annual percentage rate of charge on a FlexiCredit of 8,000 euros is 10.6% (January 2024). The total sum of the credit and credit costs is 10,446.66 euros and the number of loan payments is 94. The opening fee for the loan is 0 euros. The calculation includes a monthly account management fee of 12.50 euros in the case of automatic debiting.

FlexiCredit is provided under the normal credit terms and conditions by Nordea Finance Finland Ltd, Aleksis Kiven katu 9, Helsinki, FI-00020 NORDEA.

I want to consolidate my debts!

Fill in the loan application and we will contact you about debt consolidation.

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