Apply for a loan


10 000 kr

Monthly payment Loan period: 11 months

This is a high cost credit

If you are unable to repay the entire debt, you risk a payment default. For support, contact the budget and debt counseling in your municipality. Contact information is available at hallå

Apply for a loan

Revolving credit with a credit limit up to 20 000 kr with an interest rate of 19,5-39,5%, effective annual interest rate (APR) 26,5-74,4% and a loan repayment period 3 to 30 months depending on the amount of credit used. Loan opening fee 395 kr. Loan management fee 0 kr per month. Loan withdrawal fee 45 kr.

Example of loan repayment: In the case of used credit of 5 000 kr, an interest rate of 39,5% and 12 installments, the total amount of the loan and loan costs is 6 672,89 kr (556,07 kr per month) and effective annual interest rate (APR) 74,4%.

Revolving credit up to 20 000 kr

Revolving credit limit 20 000 kr
Automated Online Application
Credit Check without UC

Consumer credit from 3 000 - 20 000 kr

Saldo offers fast revolving credits with a credit limit of 5 000 kr or 20 000 kr – and with flexible withdrawals so you can use the money when you want, and how you want. You decide when to make a withdrawal from your approved credit limit, and you choose how much you want transferred to the bank account of your choice.

Transfer the entire credit amount at once, or tap into your loan in smaller amounts. When you pay back any amount of the loan, the sum will be added back to your credit limit and made available to you for future withdrawals.

What you spend your fast loans on is entirely up to you. What matters is that the money is there when you need it. And with easy, flexible withdrawals, our credit is the perfect safety net to cover sudden expenses, or help you purchase more expensive items.

How do you apply for a revolving credit

1. Choose your loan product

Select one of our products based on your personal needs and your current financial situation.

2. Fill out the loan application

Complete our online form. It’ll take you less than 5 minutes to fill out.

5 minutes
3. Money directly deposited into your account

Once we’ve received, processed and approved your loan application (in most cases this takes just a few minutes), money will be instantly deposited into your bank account.

4. Withdrawals from your credit limit

Further withdrawals can be made directly from MySaldo or by sending an SMS with SALDO and the amount you want to withdraw (Saldo 500). The amount will only be approved if it’s within your given credit limit.

What is our revolving credit?

Our revolving credit is a form of consumer credit or account credit, from 3 000 kr up to 20 000 kr. What’s different about Saldo quick loans is that once you’ve been approved, it takes just five minutes for the money to land in your account. You can either use the full amount, or just withdraw what you need at that moment. We’ll make sure you stay within your credit limit.

Once you’ve made a repayment, that amount will be credited back to your credit limit: if you need to spend it again, you can.

Account Credit or Credit Card?

The two most common types of fast personal loans are account credit – which is what our revolving credit is – or a credit card. Everyone’s financial situation is different, but to help you make the right decision for your circumstances, we explain what each of these types of credit are.

Card Credit

Credit cards have been kicking around since the 1950s, so most of us are familiar with what they are. Basically, it’s a small personal loan, in plastic form.

Similar to revolving credit, people with credit cards don’t need to tell their issuer what they use the credit card for – but once they hit the limit on that card, they can no longer spend on credit.

A bill with interest will be arriving, and it needs to be paid.

Account Credit

Customers looking for more flexibility with their money are better suited to a credit account. The main reason for this is that account credit can be used and as soon as it’s been repaid, it can be used again immediately.

This means that at long as you keep up with monthly invoices, you’ll always have access to credit. Both account credits and credit cards are useful: it really comes down to your personal financial preferences.

Saldo is a flexible partner for your financing needs

Saldo offers you competitive flexibility and favourable prices which are among the lowest on the market. Once your loan application has been approved, you can make as many withdrawals as you want, within your revolving credit limit.

The amount you repay at the end of the month will be credited directly to your credit limit and you’ll immediately have access to the renewed amount.

For example: Let’s say you’ve been granted an online credit amount of 10 000 kr. You spend 2 000 kr, and repay that amount after a few days. As soon as that repayment of 2 000 kr has been received by Saldo, your existing credit limit returns to 10 000 kr – and you can spend it on whatever you want.

Revolving credit

Interests and expenses

  • Expense
  • Expense Nominal fixed interest rate
    Price 19,5 - 39,5%
  • Expense Effective interest rate
    Price 26,5 - 74,4%
  • Expense Setup fee
    Price 395 kr
  • Expense Administration fee
    Price 0 kr
  • Expense Withdrawal fee
    Price 45 kr

Frequently asked questions about revolving credit

Below, we run through the most common questions asked by people considering applying for our revolving credit. If you don’t find the answers you need here, contact our friendly customer support staff via the links on this website.