Consolidate your debts in a single payment, make improvements to your home, cover unexpected expenses, or enjoy a well-deserved vacation. Choose the best option for you.
From
5.99% APR
APR on 12-month loans when you enroll in for Direct Payment and have participating products with BPPR.5
You could get money without a guarantee.
From
5.25% APR
when you when you enroll in for Direct Payment.
Use your savings account or a Certificate of Deposit as collateral.
From
5.25% APR
when you enroll in for Direct Payment.7
It helps you establish credit or prepare for that special event.
With more
competitive APRs.8
Lower APRs compared to those for unsecured personal loan.
You can apply online here, call 1.888.724.3653, or visit any of our branches.
Once you complete the application, you will receive an application number. For updated information, contact your consultant or call 1.888.724.3653.
A same-day credit decision applies to applications that contain all the information necessary for evaluation and are received on business days, Monday through Friday from 8:00 a.m. to 1:00 p.m. EST. Same-day disbursement is subject to branch hours and to the customer meeting all approval requirements. Other restrictions apply.
We have the option to pay loans through Mi Banco (from Mi Banco Mobile app and from the desktop version of Mi Banco through our popular.com website). In addition, for your convenience, we have Direct Payment, a service that gives you the peace of mind of making your payments on time, not missing due dates. Furthermore, if you enroll in Direct Payment during the application process, you could get a discount on the APR.
Product offered by Banco Popular de Puerto Rico.
A translation and description of commonly used debt collection terms is available in multiple languages on the New York City Department of Consumer Affairs’ website: www.nyc.gov/dca.
Same-day credit decision for applications that contain all the information necessary for evaluation and are received on business days, Monday to Friday from 8:00 a.m. to 1:00 p.m. EST. Same-day disbursement subject to branch hours and to the customer meeting all approval requirements. Other restrictions apply.
You have the option to start paying your loan up to 90 days after disbursement; however, this does not constitute a forgiveness of interest accrued during this period; said interests will be prorated for the term of the loan. If any applicant is a covered debtor as defined by the Military Lending Act, the availability of this option is subject to the provisions of that Act.
A discount from 0.25% up to .50% when you enroll in Direct Payment, may vary by products. Certain restrictions apply.
Unsecured Loan: The Annual Percentage Rate (APR) varies by region: USVI: Rate starting from 5.99% APR for loans with a term of 12 months, after applicable discount, up to 29.99% APR. The APR will be based on your credit history and will vary based on the term you choose. Example: A loan of $5,000 with 5.99% APR for 12 months, after applicable discount, would pay $430.31 per month. BVI: Base rate from 10.70% APR ($2,000 - $4,999), 11.45% APR ($5,000-$14,999) and 11.95% APR ($15,000 +); minimum rate is 9.70% APR when you choose a loan term of 12 to 24 months. Base rate from 11.40% APR ($2,000 - $4,999), 11.95% APR ($5,000-$14,999) and 12.45% APR ($15,000 +); minimum rate is 10.40% APR when you choose a loan term up to 36 months. Base rate from 11.90% APR ($2,000 - $4,999), 12.45% APR ($5,000-$14,999) and 12.95% APR ($15,000 +); minimum rate is 10.90% APR when you choose a loan term of 37 to 84 months. Other discounts do not apply. Other terms and conditions apply.
Secured Loan: The base rate varies by region: USVI: Base rate of 5.50% APR, minimum rate is 5.25% APR. The 5.25% Annual Percentage Rate (APR) offer applies to loan applications up to $25,000. 5.25% includes the 0.25% discount for joining Direct Payment. For loans more than $25,000 the base rate will be 3% plus the Annual Percentage Yield (APY) of the instrument provided as collateral. Example USVI: a $5,000 loan at 5.25% APR for 72 months would pay $81.11 a month. BVI: Base rate of 7.75% APR; minimum rate is 7.50% APR. The 7.50% APR offer applies to loan applications up to $25,000. For loans more than $25,000 the base rate will be 4% plus the APY of the instrument provided as collateral. Example BVI: a $5,000 loan at 7.50% APR for 84 months, after applicable discount, would pay $76.69 a month.
CrediSavings Loan: Loan only available in the U.S. Virgin Islands. Base rate from 5.50% Annual Percentage Rate (APR); minimum rate is 5.25%. For example, a $5,000 loan at 5.25% APR for 72 months would pay $81.11 a month. The 5.25% APR includes a 0.25% discount if you enroll in Direct Payment. CrediSavings is a Personal Loan product with guaranteed savings. The loan guarantee is a Certificate of Deposit (CD) that opens upon the approval of the loan, placing the approved amount on it. This Certificate of Deposit becomes the collateral for the loan. After making your monthly payments, the deposited money is disbursed at the end of the loan’s term.
Partially Secured Loans Loan only available in the U.S. Virgin Islands: The Annual percentage rate (APR) for the unsecured portion is from 6.49% to 29.99% APR, minimum rate will depend on the percentage of guarantee to be granted as collateral from 25% to 99% and will vary based on the term you choose. For the secured portion, the base rate is 5.50% fixed APR. Discount: 0.50% when you take advantage of Direct Payment. Other discounts do not apply. Example: a $5,000 60-month loan with an 10.24% APR based on the credit score, after discount and giving 75% in collateral, it will be reduced to 6.19% APR and would pay $97.11 monthly. Subject to credit approval. Certain restrictions apply.
