Secured consumer credit helps you make larger purchases
A secured loan is a flexible and inexpensive solution when you are planning to buy a car or a boat or to make some other larger one-off purchase. It’s a way to borrow money against an asset you own.
- Secured consumer credit is a great choice for you if you need to borrow more than 15,000 euros.
- The loan period may be 20 years at maximum.
- If you have the FlexiPayment feature connected to your secured loan, you can adjust the amount of your next loan repayment – no questions asked.
- The costs of a secured loan comprise loan interest, which consists of a reference rate and a margin, and a monthly contractual payment.
No asset to secure the loan? You can also apply for unsecured consumer credit from us and borrow between 2,000 and 50,000 euros without any opening fees. Just fill in an application for FlexiCredit online using your Nordea access codes.