Personal Loans

Apply for a personal loan1 for anything you want.

Know your options!Call 787.294.2572

You could get a reply and your money the same day2

  • 0 payments for the first 90 days3
  • Discount when you enroll in for Direct Payment4
  • Direct disbursement to your Popular account5

Choose a loan according to your needs.

Consolidate your debts in a single payment, make improvements to your home, cover unexpected expenses, or enjoy a well-deserved vacation.

Unsecured6

From
6.49% APR
APR on 12-month loans when you enroll in for Direct Payment.6

You could get money without a guarantee.

With Collateral7

From
6.24% APR
when you enroll in for Direct Payment.7

Use your savings account or a Certificate of Deposit as collateral.

CrediSavings8

From
6.24% APR
when you enroll in for Direct Payment.8

It helps you establish credit or prepare for that special event.

With Partial Collateral9

With competitive APRs.9

Lower your annual percentage rate (APR) as you increase your contribution.

Calculate your monthly payment10

Your monthly payment:

$0-$0

Interest rate between:

0%-0%APR
Start now

Your monthly payment:

$0-$0

Interest rate between:

0%-0%APR

How to start the
personal loan application process?

To apply you must:

  • Be a resident of Puerto Rico
  • Must be 21 years or more. If you are under 21, you must submit an emancipation or marriage certificate
  • Provide your Social Security number
  • Provide your income information

Frequently asked questions

  • You can apply online, calling to TeleMarketing at 787.724.3659 or in any of our branches.

  • Same day credit decision applies to applications received on working days, from Monday to Friday from 8:00 AM to 5:00 PM. Same day disbursement subject to service hours of the channel you choose to complete the process: branches or disbursement through Mi Banco until 4:00 pm. and receiving all the information required to evaluate the application. Certain restrictions apply.

  • We offer the following disbursement options:

    • Electronic through Mi Banco
      Disbursement of your loan directly to your account, wherever you are. You could receive the money in your Popular account the same day, subject to meeting the established parameters.

    • Scheduled appointment at your preferred branch
      One of our representatives will contact you, once the loan is approved to review the terms and conditions and will schedule an appointment at the branch of your choice to sign the documents.

    • Visit a branch

      Visit the branch of your choice at your convenience. You will be assisted according to the waiting time when you come in.
  • To qualify, you must meet the following parameters:

    • A single signatory on the loan

    • Mi Banco customer registered for at least 6 months

    • Activity in the Mi Banco account over the last 3 months

    • If the purpose of the loan is to consolidate debts, they must only be from Banco Popular

  • We have the option of paying your loan through Mi Banco Online, however for your convenience we have Direct Payment, which gives you the tranquility of making your payment on time to avoid delays. In addition, with Direct Payment you get a from 0.25% up to .50% when you enroll in Direct Payment, may vary by product. Certain restrictions apply.