Get the money you are looking for, for all your needs!
Consolidate loan or credit card debt2 into a single monthly payment.
Take advantage of our new, more competitive rates and eliminate high-interest debt.
Set the time that best suits you to pay off your loan.
Product offered by Banco Popular de Puerto Rico.
Subject to credit approval. If the purpose of the loan is to consolidate debt, Popular may require you to close the credit accounts that you are consolidating.
The Annual Percentage Rate (APR) varies by region: USVI: 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.
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.
Same-day credit decision for applications that contain all the necessary information 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.
Discounts: USVI: 0.50% when you take enroll in Direct Payment. Example: A loan of $5,000 with 6.49% APR for 12 months, after applying discounts to the base rate, would pay $431.46 per month. Certain restrictions apply. BVI: 0.25% if you enroll in Direct Payment, 0.50% if you have or open any of the following deposit accounts: Ideal or Popular Plus®, 0.25% if you have or apply for a credit card or reserve line. Example: a $2,000 loan at 9.70% APR for 24 months would pay $92.01 a month. Other discounts do not apply. Other terms and conditions apply.
