Compare Personal Loans in Italy

Live offers

17 live offers compared from 17 providers, from €0 da 7,50% TAEG. Updated daily.

What are Personal Loans in Italy?

A personal loan (prestito personale) is an unsecured, non-purpose loan — a prestito non finalizzato — where the lender advances a lump sum you repay in fixed monthly instalments and can spend on almost anything: home improvements, a wedding, consolidating debts or an unexpected expense. Unlike a prestito finalizzato, it is not tied to a specific purchase, so the money lands in your bank account and the goods you buy are entirely your choice.

Terms typically run from 12 to 120 months, with the instalment fixed for the life of the loan so your budgeting is predictable.

How the Italian market works

The market spans traditional banks, specialist consumer-credit firms and newer digital lenders. Banks such as UniCredit, Credem, Deutsche Bank Italia, ING and Banca Mediolanum lend to existing and new customers, while consumer specialists like Findomestic and Creditis focus purely on retail credit. Younited Credit pioneered a fully online, paperless process with fast decisions.

A distinct Italian product is the cessione del quinto — a salary- or pension-backed loan where repayments (capped at one-fifth of net monthly income) are deducted at source by the employer or pension body. Because repayment is guaranteed, it is accessible even to borrowers with a weaker credit profile.

Key features

Fixed instalments — the monthly amount is set at signing, so there are no rate surprises.

Cessione del quinto — repayment deducted from salary or pension, capped at 20% of net income, with mandatory life and job-loss insurance.

Digital application — lenders like Younited Credit offer online underwriting with rapid disbursement.

Debt consolidation — a single personal loan can replace several smaller debts to simplify repayments.

How to choose

Compare on TAEG rather than TAN. The TAN is the nominal interest rate; the TAEG folds in file fees, monthly management charges, stamp duty and any compulsory insurance, giving the true annual cost. Two loans with the same TAN can have very different TAEGs.

Consider the total repaid over the full term, not just the monthly figure — stretching the term lowers the instalment but raises total interest. Your credit history at CRIF and other bureaux will shape both approval and the rate offered.

Leading providers in Italy

Prominent lenders include Credem, Findomestic, Younited Credit, Deutsche Bank Italia, Creditis, ING, UniCredit and Banca Mediolanum. Giraffy tracks around 17 live personal-loan offers for the Italian market, spanning bank, specialist and digital lenders.

What it costs

Advertised nominal rates typically range from around 0% TAN on promotional or small-ticket offers up to roughly 7.99% TAN for standard unsecured lending. The TAEG will always sit above the TAN once fees are counted. Every rate is bounded by the quarterly Legge 108 usury ceilings published by Banca d'Italia, which set the maximum lawful cost for each loan category.

Protections and regulation

Personal lending is governed by Italy's consumer-credit framework and supervised by Banca d'Italia. Borrowers have a 14-day withdrawal right and can repay early with a proportional reduction of the credit cost. Applications and repayment conduct are recorded at credit bureaux such as CRIF. The usury ceilings under Legge 108 cap the maximum rate a lender may charge.

Common questions

What is cessione del quinto? A loan repaid via automatic deduction from your salary or pension, limited to one-fifth of net income, often available even with an imperfect credit record.

Will a rejection show on my record? Applications are logged at CRIF; repeated enquiries in a short window can affect how new lenders assess you.

Can I consolidate existing debts? Yes — a single personal loan can be used to pay off multiple debts and leave you with one instalment.

Personal Loans in Italy — FAQ