1Rate for Unsecured Loans is from 5.99% APR for 12 months up to 29.99% APR. APR will be determined based on your credit history and the term you choose. Terms available from 12 to 84 months, will depend on the amount of the loan. New loans start from $2,000 to $75,000. Example: A loan of $5,000 with 5.99% APR for 12 months, after applying discounts to the base rate, would pay $430.31 per month. Discounts: 0.50% when you take advantage of Direct Payment and have or open any of the following Popular products: deposit accounts (MultiCuenta®, MaxiPremium®, Popular Plus® and PMA®) or a credit card or reserve line of credit and 3.25% discount for loans with 12-month terms. Term discounts will vary based on the term you choose. Certain restrictions apply. Base rate for Secured Loans for loans up to $25,000 and CrediSaving up to $10,000, is 5.50%, minimum rate with discounts 5.25% APR. For Secured Loans loan over $25,000 the APR will be calculated: APY of the Deposit Certificate or Saving Account plus 3%. Example: A loan of $5,000 with 5.25% APR at 72 months would pay $81.11 monthly. Discounts: 0.25% when you sign up for Direct Payment. Subject to credit approval. Certain restrictions apply. Base rate for loans With Partial Collateral Secured is from 8.74% to 29.99% APR, minimum rate will depend on the percentage of guarantee to be granted as collateral from 25% to 99%. Example: A loan of $5,000 with 6.06% APR for 60 months with 75% collateral would pay $96.80. Discounts: 0.25% for taking advantage of Direct Payment. Subject to credit approval. Certain restrictions apply.
2Same day credit decision for applications received on working days from Monday to Friday from 8:00 AM to 1:00 PM via TelePréstamo Popular® or branches. Same day disbursement subject to branch schedules and to customer complies with all the approval requirements.
3You have the option to begin to pay your loan 90 days after disbursement. Nevertheless, this does not constitute a waiver of accrued interests during that period. If the applicant is a covered borrower according to the definitions of Military Lending Act, the availability of this option is subject to the provisions of said law.
Puerto Rico
