How do you calculate my interest rate?
Your personal loan offer, including interest rate, is based on several factors: The amount you want to borrow, the repayment time frame, and your creditworthiness. Depending on these factors, N26 Credit offers effective interest rates ranging from 3,6% to 15.96% and for periods going from 6 to 72 months.
What is the approval process to get a loan?
You’ll receive a pre-approval right after your N26 Credit application and a final approval will follow within 24 hours. To confirm your loan, you’ll need to give us an e-signature. Then you’ll receive the loan a few days later directly in your N26 account.
When will the loan be paid out?
With N26 Credit, we prepare your personal loan offer in real time. Once you have reviewed the offer and decided to accept, you can electronically sign the loan agreement. You should receive your money within 7 to 13 days. We’ll also send you a push notification once the loan has been deposited into your N26 account.
What is Younited Credit?
Younited Credit is the only European consumer lending platform to be fully authorized and regulated as a credit institution. We selected Younited Credit to be our N26 Credit partner in France because they also have a simple and paperless system for giving loans. So they keep things simple for you.