Unsecured Loan

 
 

​Go on vacation, consolidate all debt or repair your car with a Banco Popular unsecured loan1.

Choose your Virgin Islands region to apply:

  • Starting from 2,000 to $75,000
  • Terms from 12 to 84 months
  • Fixed APR2


Discounts:
Enjoy special discounts when applying for a personal loan

  • 0.25% when you sign up for Direct Payment
  • 0.50% if you have or open  a deposit account (Ideal or Popular Plus) from Banco Popular
  • 0.25% if you have or with the approval and acceptance of a credit card or reserve line from Banco Popular
     

Benefits:

  • $0.00 application fee
  • Up to 90 days to make the first payment3
  • Disbursement at any of our branches
  • Payment Protection Plan4


To apply, call TeleBanco Popular at 787-724-3659 or 1-888-724-3659 and select option 3 for Loan by Phone Service.

1Subject to credit approval. Other terms and conditions available.

2Example USVI: Subject to credit approval and that the applicant meets the parameters established by Banco Popular. Base interest rate from 10.70% APR, minimum rate 7.95% APR from 12 up to 24 months. A loan of $5,000 at 9.20% APR for 72 months would pay $90.62 monthly. Offer of 9.20% APR apply to terms from 37 up to 84 months and includes the following discounts: 0.25% for choosing Direct Payment, 0.50% for having or opening the following accounts: Ideal or Popular Plus, and 0.25% for having or for approval and acceptance of a credit card, or Reserve Line of Credit and 0.50% for Risk Score. Other discounts do not apply. Other terms and conditions available. Example BVI: Base interest rate from10.70% APR, minimum rate 9.70% APR from 12 up to 24 months. A loan of $5,000 at 11.45% APR for 72 months would pay $96.33 monthly. Offer of 11.45% apply to terms from 37 up to 84 months and for amounts from $5,000 up to $ 14,999 and APR includes the following discounts: 0.25% for choosing Direct Payment, 0.50% for having or opening the following accounts: Ideal or Popular Plus, and 0.25% for having or for approval and acceptance of a credit card, or Reserve Line of Credit. Other discounts do not apply. Other terms and conditions available.

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.

4Obtaining this insurance is optional and it may be cancelled at any moment. Banco Popular will not condition the credit decision upon the purchase of this insurance or your agreement to not obtain such insurance from an unaffiliated entity. The Bank may not reject an insurance submitted by you for your transaction if it meets the requirements in terms of coverage, financial standing, and the services provided by the insurer. Insurance products are not insured by the FDIC or other federal government agencies, are not deposits or obligations, and are not guaranteed by the Bank, its subsidiaries or affiliates. Some insurance products may lose value. Certain limitations, exclusions, and conditions apply. For more information, please refer to the Certificate of Insurance.