Revolut Loans

Ryan

Registered User
Messages
238
Has anyone got a large Loan from Revolut?
Best rate I’ve seen but just looking for some feedback
 
What do you mean by "large"?
The largest loan that Revolut offer seems to be €30K.
The rates charged seem to be 6.31% to 6.50% variable APR.
Are you sure that there aren't cheaper loans available for your needs elsewhere?
 
I've had a €10K loan from them. Found if very easy to apply. They take the repayments out whatever day of the month you specify and you can overpay any amount at any time which is used to reduce the term.
The interest is updated on your amount owed daily.
On the app the APR it's showing I'm getting charged is 7.5%. But I've had mine for about a year so maybe the rates were pricier back then.
 
I found that the most they would give me when trying it out was 4500 over 36 months! this is despite a good credit and avant offering me up to 35 on the same application basis.
 
I didn't mean to imply it was specific to Revolut (or that any of the points were specific to Revolut)
 
Last edited:
I had a loan from them for circa €7k with a rate of 5.8% (5.97% APR). I had savings for a car but just not enough so needed the top-up. Very easy to apply and I paid it all back in less than half the duration of the loan. The overpayment is really easy and useful to see what's left and track with the app. While overpayments are available with other variable loans, I found it all very clear and user friendly with Revolut. Would definitely recommend and will consider them myself again if the rates are competitive when I'm looking.
 
Back
Top