By consolidating multiple debts into a single monthly payment that works for you.
By eliminating debt from credit cards with high interest rates.
The term of months that best suits you with a
pre-set payoff date.2
Additionally, you may obtain a payment protection plan7, an optional insurance that helps protect your credit against certain eventualities.
Apply for your personal loan
Calculate monthly payment
1Subject to credit approval.
2Terms from 12 to 84 months, depending on the loan amount. Other terms and conditions may apply.
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.
4Same day credit decision for applications received Monday to Friday, from 8:00 AM to 1:00 PM through TelePréstamo Popular or branches. Same-day disbursement subject to branch hours and customer’s submission of required documents on time. Other restrictions apply.
5Subject to credit approval and parameters established by the Bank. Certain restrictions apply. Base rate starting from 8.49% to 29.99%, minimum base 7.99% APR. The APR will be based on your credit score and credit history.
6Discounts: 0.50% when you sign up for Direct Payment and if you have or open any of the following products with Popular, a deposit account (MultiCuenta®, MaxiPremium®, Popular Plus® y PMA®), or with the approval and acceptance of a credit card, Reserve Line of Credit. Examples: a $2,000 loan for 60 months at 7.49% APR after applying discounts to the starting base rate will have a monthly payment of $40.07, a $5,000 or $10,000 loan for 72 months at 7.99% APR after applying discounts to the starting base rate will have a monthly payment of $87.64 or $175.28 respectively, a $15,000 loan for 84 months at 7.99% APR after applying discounts to the starting base rate will have a monthly payment of $233.72.
7Obtaining this insurance is optional and it can be canceled at any time. Banco Popular will not base its credit decision on the purchase of an insurance product from any affiliate or upon your agreement not to obtain an insurance product from a non-affiliated entity. The Bank will not reject insurance presented by you for your transaction if it complies with the requirements for coverage, financial capacity and services provided by the insurer. Insurance products are not a deposit or obligation of, nor are they guaranteed by the Bank or its affiliates and may lose value. They are not insured by the FDIC or any other federal agency, the Bank or its affiliates. Certain limitations, exclusions and conditions apply. For more information, please refer to the Insurance Certificate.