How to get a personal loan in Norway.
Once you have been living in Norway for a while and have a settled income, it is possible for a foreigner to obtain a loan.
While personal credit can be a valuable tool for managing your personal and household finances, care should of course be taken not to build up unnecessary debt. Make sure you understand the full terms of any loan you are considering taking.
Norwegian citizen? If you're over the age of 18 and in full-time employment, you can apply now.
Not Norwegian? Personal loans are only available to foreigners who have been living in Norway for several years. Typically you will require permanent residence to be accepted. Norwegian finance companies will expect to see tax return history from several full years to confirm your income.
Norwegian loan comparison
To better manage the understanding of loans among the general public, the government has issued strict guidance on how all personal credit can be advertised.
In the chart below you will see various pieces of information about the selected companies. Some of them are direct loan companies, and others such as Web Finance compare all available loans in the market.
Please note that we may receive a small commission if you successfully apply for one of these loans, which helps to cover the cost of running this website. There is no additional cost to you.
Lånebeløp is the range of credit available through that particular issuer, but the amount you can personally borrow will depend on your own personal circumstances, most notably your annual salary.
Min. alder is the minimum age for applicants, which ranges from 18 to 25. There is also a statuary statement of the cost of borrowing a set amount of money over a 12 month period.