Personal loans, consolidation, short-term credit, mortgages, car loans, credit cards and business loans. Only lenders licensed by Finansinspektionen. Always free.
Kreddo is paid by some lenders; this does not affect the ranking. Names and logos belong to their respective companies and are used here to identify whose product is compared.
Cheapest personal loan right now: SBAB and Spendwise sit lowest at 4.50% nominal, but both require a high income and a clean credit history. On ordinary finances, a broker such as Sambla, Lendo or Advisa almost always beats applying directly to a bank, they send your application to up to 40 banks on a single credit check and let them compete for you.
What you should actually compare is the effective rate and the total amount repaid. A loan of SEK 150,000 over five years costs between roughly SEK 20,000 and SEK 75,000 in interest depending on the lender, same loan, same amount. Since 1 January 2026 there is also no interest deduction on unsecured loans, which widens the gap further.
Advertising disclosure: Kreddo is a comparison service funded by commission from lenders. Links marked “Go to…” are affiliate links. That payment does not affect the ranking, the order is set by our openly published calculation model. We also list lenders we have no agreement with.
Every category is assessed on the same principle: real cost first, then terms and availability.
Pick one and the comparison filters to it. Every figure is recalculated for your amount and your term.
Set the amount and term and we convert each lender’s typical approved rate into an effective rate, a monthly cost and a total cost of credit for that exact kalkylen. Terms checked
The rate you are offered is set individually after a credit assessment and may differ from the figures above. Always check that you could still manage the monthly payment if rates rose or your income fell. If you are struggling to pay: contact the lender directly and get free help from your municipality’s budget and debt adviser via Hallå konsument.
Move the sliders and see exactly what the loan costs month by month. The calculator works out the annuity and solves the effective rate numerically from the actual payment flows, the same method the law prescribes.
Above the rate cap. Under the Consumer Credit Act the nominal rate may not exceed 22.00% during 2026. An offer above that is not permitted for consumer credit.
Above the cost cap. The cost of credit exceeds the loan amount. The law never allows you to repay more than double what you borrowed.
Enter your current credits and see how much you save, or lose, by moving them into a single loan. Many comparisons show only the monthly cost. We show the total cost, which is what actually decides it.
Consolidating pays off when the new rate is lower than the weighted rate on your current credits and you do not extend the term. The commonest trap is a monthly cost that falls by 40% while the total interest cost rises, because the debt is spread over ten years instead of three. Card credit and quick loans at 20–25% are almost always worth settling; an existing personal loan at 7% rarely is.
| Debt (kr) | Rate (%) | Paying/mo |
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| Total skuld i dag | – |
|---|---|
| Paying per month today | – |
| Paying per month after | – |
| Credit cost today | – |
| Credit cost after | – |
Sweden has some of the strictest consumer credit rules in Europe. Here are the four that affect your wallet most right now, and the fifth arriving in November.
Since 1 March 2025 the nominal rate on consumer credit may not exceed the reference rate plus 20 percentage points. Riksbanken set the reference rate at 2.00% for 1 July– 31 December 2026, giving a cap of 22,00 %. The cap applies to essentially all consumer credit, personal loans, credit cards, revolving credit and quick loans. Mortgages are exempt.
Source: Consumer Credit Act, section 19 a (2010:1846) and Riksbanken’s decision on the reference rate.
The total cost of credit may never exceed the amount borrowed. Borrow SEK 30,000 and the total debt can never grow beyond SEK 60,000, however long you delay paying. The cap covers interest, fees, penalty interest and inkassokostnader tillsammans.
Applies since 1 March 2025 to all consumer credit, not only high-cost credit as before.
This is the single biggest change for Swedish households in 2026. The deduction for interest on unsecured loans was halved in 2025 and removed entirely on 1 januari 2026. A personal loan of SEK 200,000 at 9% previously cost around SEK 12,600 net per year after the deduction, today it costs the full 18 000 kr. Skatteverket estimates that around 5.8 million people are affected. Mortgages and other secured loans are unaffected.
The effect first shows up in the tax return in spring 2027, covering the 2026 income year.
The arrangement fee may be at most 1% of the prisbasbelopp. With the prisbasbelopp at SEK 59,200 for 2026 that means 592 kr. A credit term may also be extended only once, unless the extension is free of charge.
On 20 November 2026 an entirely new Consumer Credit Act takes effect, implementing the EU’s second Consumer Credit Directive. It widens the affordability requirements and brings instalment services more clearly under the rules.
You may withdraw from a credit agreement within 14 days of signing. You pay interest only for the days you held the money, plus any arrangement fee already charged.
An unsecured loan may always be repaid early with no penalty. The lender may charge interest only up to the settlement date. That makes overpaying the cheapest rate cut available.
Before you sign you must receive the “Standard European Consumer Credit Information” sheet. It states the exact rate, every fee and the total amount. If you are not given one, do not sign.
Four steps, about ten minutes of actual work, and a single credit check.
Borrow only what you need and pick the shortest term your budget allows. Every extra year costs interest, even though the monthly figure looks friendlier.
One application reaches up to 40 banks but produces only one credit check. Applying to each bank directly gives you one check per bank, which lowers your credit rating.
You normally get answers within minutes to a day. Look at the effective rate and the total repaid , not the monthly cost, which can be massaged with a longer term.
Read the SEKKI sheet, sign with BankID and receive the money the same or next banking day. You have 14 days to withdraw if you change your mind.
The list rate is the shop window. The average rate is what the bank’s customers actually pay. The gap is your negotiating margin, and it is often more than a percentage point.
On a mortgage of SEK 3,000,000 the difference between list and average rate is worth roughly SEK 30,000–37,000 a year. Never call only your own bank: get a written offer from at least one competitor first, then ask your bank to match it. Moving a mortgage is free, there are no arrangement fees on Swedish mortgages.
| Bank | List rate 3 mo | Average rate 3 mo | Rabatt | Notes |
|---|
Average rates as reported by the banks themselves. Updated . The amortisation requirement applies: 2% a year above 70% loan-to-value, 1% above 50%.
A credit card is free as long as you pay the whole invoice on time. If you do not, the credit costs 20–22% a year, and since 2026 there is no interest deduction.
With the car as security the rate is typically 3–5 percentage points below an unsecured loan. The price is a deposit of around 20% and the car being pledged until the loan är löst.
| Lender | Rate | Deposit | Max term | Notes |
|---|
Digitala långivare betalar ut inom ett dygn men tar 9–18 % effektivt. The bank is cheaper and slower. The Consumer Credit Act’s rate cap does not apply to business credit, read the terms especially carefully.
| Lender | Max amount | From | Age of business | Min. turnover | Payout | Notes |
|---|
We publish the whole model. If you cannot reproduce our ranking from the figures on this page, that is an error we want to hear about.
Each lender gets a score from 0–10 made up of four parts, recalculated every time you change a filter:
| Cost, effective rate for your amount and term | 55 % |
|---|---|
| Trust, customer ratings, FI licence, years on the market | 18 % |
| Availability, income requirement, credit notes, age range | 15 % |
| Flexibility, amount and term ranges, fees, payout time | 12 % |
Provisionens size is not part of the model and is not available to the editorial team when the score is set.
We do not use the lender’s advertised figure. Instead we solve the effective rate numerically from the actual payment flows for your amount and your term:
K = Σ (annuity + invoice fee)t ÷ (1 + x)t/12
+ arrangement fee in period 1
We solve for x by bisection to twelve decimal places. This is the same definition used by the Swedish Consumer Credit Act and the EU Consumer Credit Directive, which makes the figures comparable across every lender, even when one hides the cost in an invoice fee.
The lenders’ own published price lists and SEKKI sheets, Finansinspektionen’s company register and Riksbanken’s statistics. Every figure is checked at least monthly and always when a change of terms becomes known.
We do not sell placements, do not charge for favourable reviews and do not list lenders without a licence from Finansinspektionen. Nor do we give individual financial advice.
A contact route for corrections will be published shortly. Corrections are shown with the date of correction on every figure that changes.
The publisher and responsible editor will be published before the site is marketed. We are not a lender and not a credit broker, we publish comparisons, and the full calculation model is open so that every figure can be checked.
The answers are checked against the primary sources listed under Sources and updated after the 2025–2026 rule changes.
Twenty terms you will meet in credit agreements and affordability checks.
Every factual claim about legislation and rate levels on this page can be traced to a primary source.
Do not wait. Every municipality has a free, confidential budget and debt adviser, find yours via Hallå konsument or the municipal switchboard. They will help you contact lenders, apply for debt restructuring through Kronofogden and set up a repayment plan. Taking a new loan to pay off an old one is almost always the wrong move.
Complain in writing to the lender’s complaints officer first. If you get nowhere you can go free of charge to Allmänna reklamationsnämnden, or report the company to Konsumentverket respektive Finansinspektionen if it concerns licensing.
You can also block yourself from credit checks at UC to stop impulse applications, an effective brake if you feel borrowing has become ett mönster.