Garden loan - unsecured credit

If you are dreaming of a new terrace, new plants for your garden or a riding mower, let FlexiCredit fulfil your dreams. Use our garden loan to realise even a large garden improvement.

Garden loan without security

FlexiCredit is a handy solution when you want to realise your plans and need consumer credit quickly. The credit amount can be 2,000 - 50,000 euros for up to 10 years. FlexiCredit is an unsecured loan, which can be raised later, if needed.

  • You can apply for a loan online with Nordea's access codes. 
  • The money will be paid to your account after you have been granted the loan (Mon-Sun 7-22.30).
  • A credit can be granted to one or two applicants having reached the age of 18.
  • The repayment schedule is flexible and the loan period can be adjusted to your payment capacity.
  • You will repay the credit monthly in equal payments.
  • There is an option for two instalment-free months a year.

Nordea’s FlexiCredit will make your garden plans a reality

In your own garden, you can fulfill yourself and let creativity run wild. Give your ideas a chance and realise your plans today. No matter if you are planning to set up a vegetable garden or to buy a new lawnmower, you can apply for a garden loan right away.

Nordea’s FlexiCredit is a handy solution when you want to realise your plans and need consumer credit quickly. You can have credit from 2,000 euros to 50,000 euros. FlexiCredit is an unsecured one-off loan, which can be increased later, if needed.

Read more about Nordea's FlexiCredit.

Add co-applicant

You can also apply for FlexiCredit together with a co-applicant. The co-applicant must be aged 18 or older. Both you and the co-applicant share liability for repaying the loan. You can apply for credit with joint liability using the FlexiCredit application.

Prices

Reference rate and prices

Most common prices for consumer credits from 1.9.2019.

Benchmark interest rate 3-month Euribor (quoted on the first banking day of the month in which the credit application is signed)

The credit margin is 2.9–8.9%, depending on the customer’s total banking volume. 

Reference rate and prices
ItemisationPrice

Margin, normal price

Margin, mortgage customers

Margin, Premium customers

8,90 %

5,90 %

2,90 %

Opening fee0,00 €
Raising fee0,00 €
Account management fee0,01% per day calculated from granted credit, max. 12,50 € per month
Costs for written statements17 €/every beginning hour
Copies of receipts and invoices per copy10,00 €
One-time change of due date after billing5,00 €
Permanent change of due date5,00 €
Balance or interest statement on request10,00 €
Payment reminder5,00 €
Prices before 1.9.2019
Features
How to apply
Repayment
Terms and conditions
Consumer credit

Reference rate and prices

Most common prices for consumer credits from 1.9.2019.

Benchmark interest rate 3-month Euribor (quoted on the first banking day of the month in which the credit application is signed)

The credit margin is 2.9–8.9%, depending on the customer’s total banking volume. 

Reference rate and prices
ItemisationPrice

Margin, normal price

Margin, mortgage customers

Margin, Premium customers

8,90 %

5,90 %

2,90 %

Opening fee0,00 €
Raising fee0,00 €
Account management fee0,01% per day calculated from granted credit, max. 12,50 € per month
Costs for written statements17 €/every beginning hour
Copies of receipts and invoices per copy10,00 €
One-time change of due date after billing5,00 €
Permanent change of due date5,00 €
Balance or interest statement on request10,00 €
Payment reminder5,00 €

Reference rate and prices before 1.9.2019

Reference rate and prices for loans issued before 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).

Prices before 1.9.2019
ItemisationPrice
Opening fee, credit amount EUR 2,000–5,000125,00 €
Opening fee, credit amount EUR 5,001–12,000175,00 €
Opening fee, credit amount over EUR 12,000200,00 €
Opening fee, credit amount over EUR 25,000300,00 €
Account management fee per month, automatic debiting4,50 €
Account management fee per month, e-invoice4,50 €
Account management fee per month, without automatic debiting7,00 €
Copies of receipts and invoices per copy10,00 €
Raising fee100,00 €
Lengthening of repayment time, over 14 days5,00 €
Balance or interest statement on request10,00 €
Payment reminder5,00 €

General information

  • You can have 2,000 - 50,000 euros of FlexiCredit.
  • You can apply for a loan conveniently online.
  • You can apply for a loan online with Nordea's access codes. The money will be paid to your account after you have been granted the loan (Mon - Sun 7.00 - 22.30).
  • When you apply for a loan online, you can get a loan decision immediately after you have filled in the loan application.
  • The interest consists of the reference rate (3 month Euribor) and margin. In addition, the account management fee is charged monthly.
  • As FlexiCredit is an unsecured one-off loan, you do not need any separate security.
  • The repayment schedule can be adjusted according to your life situation.
  • You will find detailed information on the credit on the Standard European Consumer Credit Information form.
  • The credit is granted by Nordea Finance Finland Ltd.

How to apply

  1. Log into Netbank with the Nordea ID app.
  2. If you are on the Netbank home page, go the Loans tab.
  3. Fill in the loan application and send it.
  4. You will receive the credit decision quickly, and after a favourable decision the money will be paid right away to the Nordea account you have indicated to us.

Flexible repayment schedule

FlexiCredit, like its name implies, is a flexible form of credit. You can always keep track of your credit in Nordea Netbank and Nordea Mobile.

  • The repayment schedule is flexible and you can change the monthly payment according to your repayment capacity.
  • You will repay the credit monthly in equal payments. You can choose the monthly due date that is best for you.
  • There is an option for two instalment-free months per year. You can choose any two months to be instalment-free as long as they are not consecutive months. 
  • The minimum loan period for FlexiCredit is 1 year and the maximum is 10 years. If you wish, you can pay extra instalments or pay back the entire credit in one go. You will incur no additional fees for repaying the credit early.
  • You can also apply for a credit raise if you need more FlexiCredit later on. We will set a new repayment schedule for the raised amount.

Standard European Consumer Credit Information

To make comparing easier, the applicant has the right to receive the key information on the credit on a Standard European Consumer Credit Information form before signing the credit agreement. The information on the form may be calculated with the details given by the customer or on typical values. The form on this page is calculated with typical values, which means that a typical euro amount for this credit type is applied.

The form specifies the lender's contact information, the main features of the credit product, the costs, other important legal aspects and, if needed, the additional information required for distance selling. The information on the form may be binding or unbinding on the lender. A binding form requires a positive credit decision. 

You will find detailed information on the credit on the Standard European Consumer Credit Information form (pdf, 114 KB)Opens new window

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 8.4% and a 107-month loan period, the annual percentage rate of charge on a FlexiCredit of 8,000 euros is 12,1% (April 2022). The total sum of the credit and credit costs is 12 792,90 euros and the number of loan payments is 107. 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 5.4% and a 92-month loan period, the annual percentage rate of charge on a FlexiCredit of 8,000 euros is 9,1% (April 2022). The total sum of the credit and credit costs is 10 968,25 euros and the number of loan payments is 92. 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 2.4% and a 81-month loan period, the annual percentage rate of charge on a FlexiCredit of 8,000 euros is 6% (April 2022). The total sum of the credit and credit costs is 9 707,58 euros and the number of loan payments is 81. 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.

Apply for FlexiCredit online

Apply now Opens new window