Loans in Sweden

Data kontrollerad 19 Oct 2026 Last updated 14 Oct 2026

Here, we will explain how borrowing money works and the requirements for international residents in Sweden. Additionally, we aim to help you compare all the different lenders and brokers to find the best loan for you and your financial situation.

Does it cost money to apply for a loan?

No, applying to any lender or broker in Sweden is completely free of charge, and you also don't have to accept the offers that are given to you, since the application isn't binding.

When do I get a response from my application?

Usually if you apply for a loan earlier in the day, on any day apart from weekends, you get a response from the broker or lender on the same day. If you apply for a loan on the weekend, you usually have to wait until Monday.

How to compare the terms for all lenders and brokers

You can very easily see all the lenders and brokers we have listed on our site down below. Additionally, we have also listed several factors for each broker or lender.

To make it easier to compare lenders and brokers, we'll clarify the meaning of each factor involved:

Belopp (Amount) - What is the minimum and maximum amount of money you can borrow?
Löptid (Loan term) - What are the loan terms, how long or short can it be?
Effektiv ränta (Effective interest rate) - What's the effective interest rate?
Anslutna banker (Affiliated banks) - How many affiliated banks do they have?
Utan UC (Without UC) - Is the loan with or without UC?
Betalningsanmärkning (Payment remark) - Do they accept it or not?
Åldersgräns (Age limit) - What is the age limit to be able to borrow money?

Sambla

Best broker in Sweden - Sambla

Loan amount 5 000 - 800 000 kr
Loan term 1 - 20 yr
Effective interest rate 4,50 % - 21,99 %

When it comes to brokers, there is no competition on who is the best at what they do. With over 20,000 reviews on Trustpilot and an average TrustScore of 4.8/5, you can be safe in knowing that Sambla will help you compare and find the best loan for you.

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Written by Kevin W Reviewed by Simon Klaesson

Table of contents

Different Types of Loans in Sweden
What Are the Requirements to Take a Loan in Sweden?
How Much Does a Loan Cost in Sweden?
What is UC AB and How Does It Affect Me?
Think About This Before You Apply For a Loan In Sweden
Frequently Asked Questions

Different Types of Loans in Sweden

In Sweden, there are several types of loans and they all serve a different purpose. So, we'll start this page by explaining the loans you can take in Sweden, as well as their purpose.

Personal Loan

A personal loan, also known as blancolån in Swedish, is a type of unsecured loan where you don't have any type of collateral in combination with the loan. This means that you are able to use the loan for whatever you want.
Car, Boat and Motorcycle Loans

You are able to take a loan in order to purchase vehicles such as a car, a boat or a motorcycle, as a few examples. The loan can be taken with or without collateral, but the terms and conditions for the loan will be different depending on what you choose.
Mortgage Loan

You are able to take a mortgage loan in order to purchase a home. With the mortgage loan you are then able to choose whether you want to use fixed interest rate or variable interest rate.
Using fixed will cause you to pay the same amount of interest on your loan for the next couple of years to come. Whereas for variable interest rate, the cost will differ every three months, as the central bank rates change.
Debt Consolidation Loan

If you are in debt and need some help to get back on your feet, there are debt consolidation loans you can take that will gather all your current debt into one singular loan, which you then pay off.
This type of loan is only really given to those who are in dire need of financial aid.
Student Loan

You are able to take a loan as a student in Sweden to help you during your studies. However, here on Kreditium, you are not able to do so. Instead, visit CSN's website to apply for a student loan.
Business Loan

You are able to take a business loan in Sweden to further enhance your company and achieve its goals. Note that you will need to provide multiple different documents to the bank, explaining your plans for the loan, as well as proving you are able to repay it.
Lines of credit

In Sweden you are able to have a credit line, which is a form of loan that lets you borrow money up to a set limit whenever you need it. You don't have to take all the money at once, just use what you need, when you need it.
You can keep borrowing from it again and again as long as you stay under your limit. This makes it really handy when you're not sure exactly how much money you'll need or when you'll need it.

Here on Kreditium, you are only able to compare loans that are taken when purchasing a vehicle or a personal loan. We do not provide a way for you to compare mortgage loans, student loans or business loans.

What Are the Requirements to Take a Loan in Sweden?

To take a loan in Sweden there are several different requirements you need to fulfil before you can apply for and be accepted. However, it's important to note that the requirements can differ from one lender or broker to another, depending on the type of loan you want to take.

In general, you can expect that these things are the requirements you have to meet when you want to take any type of loan in Sweden:

You Have to Be At least 18 Years Old

At a minimum, you have to be 18 years old to be able to take a loan, though some lenders and brokers require you to be 21 years old.
You Can't be Registered at Kronofogden for Active Debts

In Sweden, there is an organisation called Kronofogden, which oversees all the unpaid debts that people have. If you are registered to Kronofogden, it means you have unpaid debt, and no lender or broker will ever allow you to take a loan while you are registered to Kronofogden for unpaid debt.
You Must Have an Income

Having an income is pretty standard to getting a loan, but the income you have does not have to be from a full-time job. Indeed, it can be from an array of different things, such as pension, part-time job, rental income, student aid, sick leave compensation and more, just to name a few things.
The important thing is that you can provide proof that you have a stable income year-on-year.
Have to be Registered As a Resident in Sweden

All lenders and brokers require you to be a resident in Sweden, but some lenders or brokers also require you to be a resident for a certain amount of time.
Some require years, whereas others just require a few months.
Have a Swedish Bank Account

In order to take a loan in Sweden, you have to have a bank account in one of the major banks in Sweden, such as Swedbank, Handelsbanken, Danske Bank, Länsförsäkringar, SEB or Nordea.
A BankID For Identification

In Sweden, we use something called BankID, which is a digital identification app. It is tied to your Swedish Personal Identity Number(personnummer) and bank, so that the banks can ensure you are the person applying for the loan.

How Do I Apply For a Loan In Sweden?

Applying for a loan in Sweden is no different from applying elsewhere in the world, as you may expect.

Click on "Ansök nu" to begin your application. You’ll be redirected to the lender’s or broker’s application form.
Fill out the online application form on the lender or broker's website with your personal and financial information, such as your income, job status, and identification details.
Confirm your identity using BankID to proceed with the application.
Wait for a response from the lender or broker. In most cases, you’ll receive an answer fairly quickly.

If approved, review the loan offer and sign the agreement using your BankID. If you're not approved, you’re free to try with another lender or broker.

How Much Does a Loan Cost in Sweden?

The cost of a loan in Sweden can differ based on the different loan types you require. However, there are two key factors that highly affect the cost of a loan, which is whether you take a loan with a credit check from UC AB or not.

In these two examples, we show the cost of using Sambla, which uses UC AB for a credit check, and Fairlo, which doesn't. For what it's worth, Fairlo uses Creditsafe for its credit checks.

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Loan amount	Repayment period	Monthly payment	Interest cost	Total payback
50 000 kr	1 yr	4 268,23 kr	1 218,75 kr	51 218,75 kr
50 000 kr	3 yr	1 485,24 kr	3 468,75 kr	53 468,75 kr
50 000 kr	5 yr	928,65 kr	5 718,75 kr	55 718,75 kr

In the example we have used the lowest possible interest rate at Sambla (4,5 %). The monthly fee at Sambla is 0 kr and the setup fee is 0 kr.

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Loan amount	Repayment period	Monthly payment	Interest cost	Fees	Total payback
50 000 kr	1 yr	4 771,19 kr	5 958,33 kr	1 296 kr	57 254,33 kr
50 000 kr	3 yr	1 935,29 kr	16 958,33 kr	2 712 kr	69 670,33 kr
50 000 kr	5 yr	1 368,11 kr	27 958,33 kr	4 128 kr	82 086,33 kr

In the example we have used the lowest possible interest rate at Fairlo (22 %). The monthly fee at Fairlo is 59 kr and the setup fee is 588 kr.

What is UC AB and How Does It Affect Me?

UC AB is a company in Sweden with an effective monopoly on credit checks. Indeed, they are the largest player in the market for credit information.

All the largest banks and corporations use UC AB when doing credit checks, and they have a credit score on their reports that the banks view and analyse.

The reports will show banks the following information:

Your Swedish personal identity number
If you have any payment remarks
If you have any debt registered at Kronofogden
Your history with past credits
How you dealt with the payment of said past credits
Other financial information, such as whether you own any cars, for example

Multiple Credit Checks Affect Your Credit Score Negatively

If you were to apply for loans to multiple brokers or lenders that use UC AB, it would cause all of them to do a credit check on you, using UC AB. This will cause your credit score to go down, since it's a signal to the banks that you are desperate for a loan and shows poor financial management.

Think About This Before You Apply For a Loan In Sweden

Before taking a loan and putting yourself in debt, make sure you have researched and planned everything, from your request to repayment. Doing this ensures you will not be caught out by anything in the process.

Here are some final tips that we would like to share:

Create a Payment Plan

Before you take on debt, you must have a plan for how you will pay it back. This is key as you do not want to miss any payment deadlines. We recommend using a budget calculator to help you get an understanding of your personal finances, as well as setting up ways to automate payments.

Make Sure You Compare Every Option

We might sound like a nagging relative when we keep repeating this, but it is the most important step. Always make sure to compare all the different alternatives that are available to you. This ensures that you choose the lender or broker who can give you the best possible terms and conditions for your loan.

Check Up On Your Credit Score Before Applying

You can check your credit score before actually applying to any lender or broker and it won't affect your credit score.

The reason you want to do this is so you have an idea of how good or bad your score is. It can help you to make changes so that your score increases, and then apply for a loan to get better terms.

You can easily check your credit score by visiting the websites of companies that provide credit reports.

Here are all the companies in Sweden that provide this service:

Frequently Asked Questions

Is it safe to apply for a loan on your website?

Yes, it's safe to apply for a loan on our website. We use encrypted SSL protocols to ensure that your personal data is hidden and protected from hackers.

Answered by:

Kevin W Expert

How do I know the lenders and brokers are legit?

All the brokers and lenders that we have listed on our website are all certified by Finansinspektionen. They are a government agency that oversees all the financial companies in Sweden, such as banks and insurance firms.

Answered by:

Kevin W Expert

What is the maximum amount of money I can borrow in Sweden?

The maximum amount of money you can borrow without any collateral in Sweden is 600,000 SEK.

Answered by:

Kevin W Expert

Can I take a loan without UC being used?

While most lenders in Sweden use UC AB to check your credit history, there are some options available if you're looking for loans without a UC check. However it is important to note that these alternatives typically have higher interest rates.

Answered by:

Kevin W Expert

Kevin W

Last updated 14 Oct 2026

[email protected]

Kevin har under flera års tid skrivit artiklar och nyheter inom konsumentkrediter. Hans mål är att göra ekonomiska begrepp och koncept enkla att förstå, så att du kan ta välgrundade beslut innan du tecknar ett lån.

Loans in Sweden

Compare the Terms for All Lenders and Brokers in Sweden

Bra att veta

Varför lita på Kreditium?

Annonslänkar

Information om rådgivning

Ansökningsprocessen

Hur vi granskar långivare

Sambla

Lendo

Enklare

Merax

Ferratum

Zmarta

Northmill

Kredio

Binly

Brixo

Saldo

Flexkontot

Fairlo

Advisa

Banky

Creditstar

Plus1

Bank Norwegian

Northmill samlingslån

Different Types of Loans in Sweden

Personal Loan

Car, Boat and Motorcycle Loans

Mortgage Loan

Debt Consolidation Loan

Student Loan

Business Loan

Lines of credit

What Are the Requirements to Take a Loan in Sweden?

You Have to Be At least 18 Years Old

You Can't be Registered at Kronofogden for Active Debts

You Must Have an Income

Have to be Registered As a Resident in Sweden

Have a Swedish Bank Account

A BankID For Identification

How Do I Apply For a Loan In Sweden?

How Much Does a Loan Cost in Sweden?

What is UC AB and How Does It Affect Me?

Multiple Credit Checks Affect Your Credit Score Negatively

Think About This Before You Apply For a Loan In Sweden

Create a Payment Plan

Make Sure You Compare Every Option

Check Up On Your Credit Score Before Applying

Frequently Asked Questions

Is it safe to apply for a loan on your website?

How do I know the lenders and brokers are legit?

What is the maximum amount of money I can borrow in Sweden?

Can I take a loan without UC being used?

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