Apply for a personal loan1 for anything you want.
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
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
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.
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.
Subject to credit approval. Certain restrictions apply.
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 5:00 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 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 to $75,000. 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. BVI: The Annual percentage rate (APR) starts from 9.70% APR up to 12.95% APR after applicable discount. The APR will be determined based on the request amount and varies depending on the term you choose. The Annual percentage rate of 9.70% APR after applicable discounts applies only up to 24 months term. Terms available from 12 to 84 months, will depend on the amount of the loan New loans start from $2,000 to $75,000. Discounts available: 0.50% for have or open an account Ideal or Popular Plus, 0.25% when you accept Direct Payment and 0.25% Approved and accept or existing Credit Card or Reserve Line of Credit. Other discounts do not apply. Examples: A $2,500 loan for 24 months with 9.70% APR, after applicable discounts, would pay 24 monthly payments of $115.02. A $10,000 loan for 72 months at 10.95% APR, after applicable discounts, would pay 72 monthly payments of $190.08. 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.
