Compare Personal Finance in Sweden

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20 live offers compared from 20 providers, from 4.80% APR. Updated daily.

What are personal loans in Sweden?

A personal loan, known in Sweden as a blancolån, is unsecured borrowing you can use for almost any purpose — home improvements, a car, a large purchase or consolidating existing debts (samla lån). Because there is no collateral, the lender relies on your creditworthiness, so the rate reflects your financial profile. Loan amounts in the Swedish market typically range from around 5,000 SEK up to about 600,000 SEK.

Personal loans are offered directly by banks and specialist lenders, and also through comparison brokers that collect a single application and pass it to multiple lenders for competing offers.

How the Swedish market works

Lenders are authorised and supervised by Finansinspektionen (FI), and all consumer loans fall under Konsumentkreditlagen, which requires a proper affordability assessment. Applications use BankID for identity and trigger a kreditupplysning, usually via UC. Brokers such as Lendo Sverige let you submit one application and receive several offers, which can save time and improve your rate, though the underlying credit checks still apply. The headline figure to compare is the effektiv ränta (effective annual rate), which includes interest and fees.

Benefits

Flexible use — A blancolån can fund most needs without pledging an asset as security.

Debt consolidation — Combine several credits into one loan (samla lån) to simplify payments and potentially lower your overall rate.

Competitive offers via brokers — Comparison services let multiple lenders bid for your loan from a single application.

Predictable repayments — Fixed monthly instalments make budgeting straightforward over the term.

How to choose

Compare the effektiv ränta rather than the nominal rate, since fees can differ significantly between lenders. Decide on the amount and term you genuinely need, because a longer term lowers the monthly payment but increases total interest. If you are consolidating debt, check the total cost against your existing credits to confirm you actually save. Using a broker can surface competing offers, but you can also apply directly to a bank you already have a relationship with. Remember your 14-day right of withdrawal under Konsumentkreditlagen.

Leading providers in Sweden

The market spans traditional banks and specialist lenders. Handelsbanken, Nordea, SEB and Swedbank offer personal loans to customers and, in many cases, non-customers. Ikano Bank, Moank and Collector Bank SE are specialist consumer lenders focused on flexible personal credit. Lendo Sverige is a well-established loan comparison broker that gathers offers from multiple lenders. Comparing a direct bank offer against broker-sourced offers is a common way to secure a lower effektiv ränta.

What it costs

Advertised APRs in the Swedish market currently range from around 4.8% to 7.2% effektiv ränta for well-qualified borrowers, though individual rates depend on your credit assessment, the amount and the term. Costs may include an arrangement fee (uppläggningsavgift) and a monthly administration fee (aviavgift); the effektiv ränta is designed to capture these. Always review the standardised pre-contract information before accepting, and check whether early repayment carries any cost.

Protections and regulation

Personal loan providers are supervised by Finansinspektionen and must carry out a responsible affordability assessment under Konsumentkreditlagen. You are entitled to clear pre-contract information, the effektiv ränta and a 14-day right of withdrawal on new agreements. Under Swedish rules you generally have the right to repay a consumer loan early. Konsumentverket and Hallå Konsument offer independent guidance if you have a dispute or need help understanding an agreement.

Common questions

How much can I borrow? — Personal loans typically range from about 5,000 SEK to 600,000 SEK, subject to your affordability assessment.

Do brokers charge me? — Comparison services such as Lendo are generally free to the borrower; the lender pays the broker.

Can I consolidate my debts? — Yes. Many lenders offer samla lån to combine existing credits into one loan, which can simplify repayments and reduce cost.

Personal Loans in Sweden — FAQ