Benefits

  • 0 payments for the first 3 months3
  • You may receive the money the same day, if you qualify4

We offer you

  • From $2,000 up to the amount that you qualify5
  • 12 to 84 months’ terms
  • Base rate starting from 8.99% APR5
  • Discounts in your APR6

Additionally, you may obtain a payment protection plan7, an optional insurance that helps protect your credit against certain eventualities.

Apply for your personal loan

 

Do you want an estimate of your monthly payment?

Find out with our loan calculator!

 
 
Amount Term APR6 Monthly Payment
$2,000 60 months 7.99% $40.54
$5,000 72 months 8.49% $88.87
$10,000 72 months 8.49% $177.73
$15,000 84 months 8.49% $237.47

Calculate monthly payment

$0.00/mes

 

Call TelePréstamo Popular® at
787.294.2572 or 1.888.724.3653 Monday through Friday: 8:00 AM to 7:00 PM and Saturday from 8:00 AM to 5:00 PM.

To apply for a loan you must meet the following criteria:

  • Be a resident of Puerto Rico
  • Be 21 years or older. If you are younger than 21, you must present a certificate of emancipation or marriage

Important documents when applying for a loan:

  • Email address (in order to easily reach you)
  • Monthly net income – Money you receive after deductions; information found in your pay stubs
  • Social Security number

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 8.99% 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 7.99% APR after applying discounts to the starting base rate will have a monthly payment of $40.54, a $5,000 or $10,000 loan for 72 months at 8.99% APR after applying discounts to the starting base rate will have a monthly payment of $ $88.87 and $177.73 respectively, a $15,000 loan for 84 months at 8.99% APR after applying discounts to the starting base rate will have a monthly payment of $237.47.

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.