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SMS Loan

When you need it the most

Saldo Bank's SMS loan is now an even more flexible revolving credit.

  • No paperwork, no documents needed
  • Credit check without UC
  • Apply with your BankID

Apply for a loan

Apply for a loan

SEK 20,000
Monthly payment:SEK 1,022
Interest rate:19.5%
Minimum monthly payment:SEK 0 / month
Opening fee:SEK 395
This is only an estimation. Apply to get the offer!Apply* Application process in Swedish

Loan management fee


Service open


Monthly payments from

SEK 999

Interest rate from

Revolving credit with a credit limit up to 20 000 kr with an interest rate of 19,5-39,5%, annual percentage 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 annual percentage rate (APR) 74,4%.

Standard European Consumer Credit Information

SMS Loan

Saldo Bank SMS loan, now a flexible revolving credit with a credit limit of SEK 5 000 or SEK 20 000, is for people looking for a small loan to cover unexpected costs. Our automated process is quick and easy, with no paperwork. Once you’ve been approved for a loan, you can choose to withdraw the money in small amounts, or have the whole amount transferred to your bank account. When you make a repayment, the amount will be added back to your credit limit for you to use when you want or need it.

SMS loans, or withdrawals from your revolving credit, start from SEK 3 000 and go up to SEK 20 000 kr. As this is a high-cost credit product, if you miss a repayment, you may be subject to reprisals. If you are concerned about repayments, contact our friendly customer service team. We’re here to help.

Fast process

  • 1

    Choose your loan product

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

  • 2

    Fill out the application

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

  • 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 our internet banking service where you can also find your credit limit, balance, invoices and other information related to your loan.

Apply for a SMS loan

What is an SMS Loan?

SMS loans or quick loans are a form of micro-loan intended for people who need some quick cash to cover unexpected situations. You can apply for an SMS loan without risking a credit report with UC (Upplysningscentralen), which can affect your credit rating.

Saldo Bank's loans don’t require paperwork or showing up in person. The application process is quick, easy and online. Our technologically advanced systems mean you can apply for a loan from wherever you are.

We’ll never ask what you need the loan money for, as many of the traditional banks often do. That’s your business. But as this is a high-interest product, you should only apply for an SMS loan or any quick loans in an emergency.

Loan money deposited directly to your bank account

With our fully automated application process, you can apply for a loan from anywhere in the world. Need cash urgently while abroad? As long as you have an internet connection, you can apply for a loan instantly.

Apply for your loan and you can have cash at your fingertips within minutes. We’ll transfer it directly to your nominated bank account.

You don’t have to explain what you need the SMS loan money for: we don’t operate like a traditional bank that needs endless paperwork for approvals. Our focus is getting you cash at the moment you need it most.

Revolving credit pricing

Interest rate and fees

Nominal fixed interest rate19,5 - 39,5%
Effective interest rate26,5 - 74,4%
Setup feeSEK 395
Administration feeSEK 0
Withdrawal feeSEK 45

Have a question? We answered most of them already.

Cannot find answer to your question?

Contact us

To better adapt to our customers' needs, our SMS loan is now a flexible revolving credit. To apply, you can simply visit our website and follow the instructions.

You can apply for a loan for as little as SEK 3 000 all the way up to SEK 20 000.

In short, it is part of the cost that you have to pay for the SMS loan itself. We can also customise our offers with personal interest rates if needed.

Quick money from Saldo Bank

If you need an SMS loan, Saldo Bank is the place to go. Instead of an expensive SMS loan, you should consider our flexible revolving credit. We offer an automatic application process, which takes just a few minutes to complete.

Once approved, you’ll have quick cash deposited into your bank account. It’s that easy.

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