Find out in minutes if you could be approved—without affecting your credit score.2
If you wish to apply for more than $35,000, add a co-applicant, consolidate debts, or renew your existing loan, call 1.888.724.3653 or visit a branch.1
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
6.49% APR
On 12-month loans when you enroll in for Direct Payment.5
Review your offers without affecting your credit score.2
The online application is only available in English.
From
6.24% APR
when you when you enroll in for Direct Payment.
Use your savings account or a Certificate of Deposit as collateral.
From
6.24% 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 your annual percentage rate (APR) as you increase your contribution.
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.
This means you can explore different loan scenarios without these inquiries affecting your credit score. The offers presented on the platform will be valid for a period of 10 days. Once you accept an offer and submit the application, you authorize Banco Popular to make an inquiry into your credit report. This inquiry will appear in your credit report and may impact on your credit score. This platform will be available only to residents of the U.S. Virgin Islands.
Applications completed at branches or through TeleMarketing are subject to a credit report inquiry.
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.
For applications completed through the online platform, you will receive email updates regarding the progress of your loan.
Same-day credit decision for applications received on business days, Monday through Friday from 8:00 a.m. to 5:00 p.m. Same-day disbursement is subject to the service hours of the channel selected to complete the process: branches or disbursement through Mi Banco until 4:00 p.m., and to the customer meeting all approval requirements.
For applications submitted through the online platform (only for USVI):
Same-day disbursement applies to applications with completed verification and final approval on or before 2:00 p.m. Funds are electronically deposited into your account the same day, during business days. For applications approved after 2:00 p.m., disbursement will be processed on the next business day. Business days are Monday through Friday, excluding federal holidays. Certain restrictions apply.
Product offered by Banco Popular de Puerto Rico.
Only for New York City residents: Banco Popular de Puerto Rico (BPPR) does not provide translation services. However, the corporate website is available in Spanish.
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.
Only in the US Virgin Islands: Subject to applying through our digital platform, credit approval, and meeting the parameters established by Banco Popular. If you prefer to apply for an amount over than $35,000, apply with a co-applicant, receive your funds by check, or renew your current loan, call 1.888.724.3653 (toll-free). The approval process may take longer if additional documents are requested as part of the verification process. The Bank may deny your application if you do not meet the required parameters and conditions. The Annual Percentage Rate (APR) is determined based on your credit history and depends on the term you select. If the purpose of the loan is debt consolidation, the balance of those debts remains the customer’s responsibility. Certain conditions and restrictions apply.
Only in the US Virgin Islands: The offers presented on the platform will be valid for a period of 10 days. By selecting an offer, you authorize Banco Popular to make an inquiry into your credit report. This inquiry will appear on your credit report and may impact your credit score.
This does not constitute a waiver of interest accrued during this period; such interest will be prorated over the term of the loan. If any applicant is a covered borrower as defined by the Military Lending Act, the availability of this option is subject to the provisions of that law.
Available Only in the US Virgin Islands: Requires being the primary account holder on an active account with Popular to process the deposit electronically and applies only to unsecured loans with a single borrower. Same-day disbursement for applications with completed verification and final approval on or before 2:00 p.m.; funds are electronically deposited into your account the same day, on business days. For applications approved after 2:00 p.m., the disbursement will be processed the next business day. Business days are Monday through Friday, except federal holidays. Certain restrictions apply.
Unsecured Loan: The Annual Percentage Rate (APR) varies by region: USVI: Rate starting from The Annual percentage rate (APR) starts from 6.49% APR up to 29.49% APR after applicable discount. The APR will be determined based on your credit history and varies depending on the term you choose. The Annual percentage rate of 6.49% APR after applicable discount applies only to the 12 months term. Terms available from 12 to 84 months, will depend on the amount of the loan. New loans start from $2,000 up to $35,000 through our digital platform and up to $75,000 via Telemarketing or Branches. Discount: 0.50% when you accept Direct Payment. Other discounts do not apply. Examples: A $5,000 loan for 12 months with 6.49% APR, after applicable discount of .50% when you accept Direct Payment, would pay 12 monthly payments of $431.46. A $15,000 loan for 72 months at 16.24% APR, after applicable discount of .50% when you accept Direct Payment, would pay 72 monthly payments of $327.36. Other terms and conditions available.
With Collateral: The Annual Percentage Rate (APR) varies by region: USVI: The Annual Percentage Rate (APR) of 6.49% APR, minimum rate is 6.24% APR after 0.25% discount when you enroll in for Direct Payment. Terms available from 12 up to 120 months, depending on the amount requested. Maximum amount of the loan will depend on the collateral offered as guarantee. When loan is paid off, the collateral plus interest earned will be released. Example USVI: A loan of $5,000 for 72 months at 6.24% APR, after applicable discount of .25% when you accept Direct Payment would pay 72 monthly payments of $83.43. Other terms and conditions available. 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 for 72 months at 7.50% APR, after applicable discount od .25% when you accept Direct Payment, would pay 72 monthly payments of $86.45. Other terms and conditions available.
CrediSavings Loan: Product only available in the U.S. Virgin Islands. The base Annual Percentage Rate (APR) is 6.49%; minimum rate is 6.24% APR after 0.25% discount when you enroll in for Direct Payment. Loans start at $2,000 up to $10,000 with terms from 12 to 72 months, depending on the amount requested. CrediSavings is a personal loan product with a savings guarantee. The loan guarantee is a Certificate of Deposit (CD) to be opened when the loan is approved, and the approved amount will be deposited in it. This Certificate of Deposit becomes the collateral for the loan. After making the corresponding monthly payments and at the end of the established term, the money is disbursed, including the accrued interest on the collateral. Example: A loan of $5,000 for 72 months at 6.24% APR, after applicable discount of .25% when you accept Direct Payment would pay 72 monthly payments of $83.43. Other terms and conditions available.
With Partial Collateral Loan: Product only available in the U.S. Virgin Islands: The Annual percentage rate (APR) for the unsecured portion is from 6.99% to 29.99% APR, for the secured portion, the base rate is 6.49% fixed APR. The minimum rate will depend on your credit history and the percentage of guarantee to be granted as collateral from 25% to 99% and will vary based on 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. Discount: 0.50% when you take advantage of Direct Payment. Other discounts do not apply. Example: a $5,000 for 60 months loan with an 10.74% APR, after discount and giving 75% in collateral, it will be reduced to 7.62% APR and would pay 60 monthly payments of $100.48. Other terms and conditions apply.
