Compare the representative APR but check whether you qualify — only around half of applicants typically receive the advertised rate; use soft-search eligibility checkers first.
19 live personal finance offers tracked across 19 Finnish providers, with APRs from 5.80%. Data current as of 23 October 2026 and updated daily from the Giraffy database.
19 live offers compared from 19 providers, from 5.80% APR. Updated daily.
5.80% APR
Ålandsbanken Henkilölaina: Interest Rate From 5.8%; Loan Amount €1k–€40k; Loan Term 1–10 years; Key Feature Relationship banking.
5.90% APR
5.90% APR
OP Personal Loan Finland from OP Insurance. Interest Rate: From 5.9% TAEG; Loan Amount: €2,000-€60,000; Loan Term: 1-7 years; Key Feature: OP — Finland's #1 bank; 2M+ member-owners; co-op trust.
5.99% APR
6.20% APR
6.50% APR
6.50% APR
7% APR
7.50% APR
7.90% APR
18% APR
18% APR
19.90% APR
19.90% APR
19.90% APR
19.90% APR
19.90% APR
19.90% APR
20% APR
In this context personal finance covers consumer credit — personal loans (kulutusluotto) and related unsecured borrowing used to fund purchases, consolidate existing debts or cover larger one-off costs. Unlike a mortgage or car finance secured against an asset, a personal loan is usually unsecured, so approval and pricing depend on your income and credit standing. Finnish banks and consumer-credit specialists compete on the annual rate, loan size and term, and debt consolidation is a common use to simplify and cheapen scattered borrowing.
Personal loans are offered by banks, Nordic consumer-finance firms and fintechs, with pricing shown as the annual percentage rate (todellinen vuosikorko) that bundles interest and mandatory fees. Finland has tightened consumer-credit rules over recent years, including caps on interest and cost designed to curb expensive lending, and lenders must assess a borrower's ability to repay. Credit checks draw on credit-information registers, and a payment-default entry (maksuhäiriömerkintä) can prevent approval, making a clean credit record important. Finns can also place a voluntary credit ban on themselves to guard against impulsive or fraudulent borrowing, reflecting a policy focus on preventing over-indebtedness rather than simply expanding access to credit.
Flexible funding — borrow a lump sum for renovations, purchases or emergencies.
Debt consolidation — combine costly debts into one, potentially cheaper, loan.
Fixed repayment — predictable monthly instalments over a set term.
Unsecured — no asset pledged, unlike a mortgage or car loan.
Compare loans on the todellinen vuosikorko rather than the monthly payment, since a longer term lowers the instalment but raises total interest. Borrow only what you need and choose the shortest affordable term to cut interest. Check arrangement fees, whether early repayment is penalty-free, and the total amount repayable. For consolidation, confirm the new loan genuinely costs less across its life than the debts it replaces. Avoid stacking multiple loans, which raises default risk.
Nordea and OP — major banks offering personal loans and consolidation.
Aktia and Säästöpankki — banks providing consumer credit to customers.
Ålandsbanken — offers personal lending alongside its banking services.
Svea Ekonomi and app-based providers — consumer-finance specialists and fintechs offering personal credit.
Advertised annual rates on Finnish personal loans broadly range from around 5.8 percent up to about 20 percent, with the lowest reserved for strong credit profiles and larger, shorter loans, and higher rates for smaller or riskier borrowing. Statutory caps limit how expensive consumer credit can be. Always compare the todellinen vuosikorko and the total repayable, since fees and term length can make a seemingly low headline rate more costly overall.
Consumer credit is governed by Finnish consumer-credit law and supervised by Finanssivalvonta (the FIN-FSA), with the Finnish Competition and Consumer Authority overseeing fair marketing. Lenders must disclose the annual percentage rate and total cost, assess repayment ability, and observe statutory interest and cost caps introduced to curb expensive lending. Borrowers have a right of withdrawal on new credit, and independent debt-advice services are available for those facing repayment difficulties.
Is a personal loan secured? Usually not — it is unsecured, so pricing depends on your creditworthiness.
How should I compare loans? On the todellinen vuosikorko and total repayable, not just the monthly payment.
Can a default record block approval? Yes — a maksuhäiriömerkintä can prevent you getting credit.
Can I repay early? Generally yes, and consumer-credit rules limit early-repayment costs.
Giraffy tracks 19 personal loan products across 19 lenders in Finland. Compare by APR or representative rate — this includes all standard fees, making it the fairest comparison metric.
Lenders set your individual rate based on credit score, income, existing debts, employment status, and loan amount. The representative rate shown on adverts is offered to at least 51% of successful applicants — your actual rate may be higher. Use eligibility checkers that run a soft search (no credit score impact) to see likely rates before applying.
Personal loan amounts vary by lender and market. Unsecured products are typically available from a few hundred to tens of thousands in local currency, without requiring collateral. Secured products can go higher but put an asset at risk if you miss payments.
An unsecured personal loan is based purely on your creditworthiness — no collateral required. A secured product is backed by an asset (usually your home), so you can often borrow more and at a lower rate, but the asset is at risk if you miss payments. Most personal loan products are unsecured.
Most lenders allow early repayment, but may charge an early repayment or settlement fee — typically 1–2 months' interest on the outstanding balance. Check the terms before signing. If you're likely to pay off early, factor this cost into your total repayment calculation.
Many lenders in Finland offer same-day or next-day funding once your application is approved and documents verified. Online-only lenders tend to be faster than traditional banks. Larger loans or complex applications may take a few extra working days.
APR (Annual Percentage Rate) includes both the interest rate and any mandatory fees, expressed as an annual percentage of the loan. It's the only standardised metric that allows true like-for-like comparison across lenders. Always compare APRs rather than headline interest rates when shopping.