Comparing loans reveals the differences between banks
Loan interest rates vary constantly, and there can be differences between banks. For this reason, it makes sense to compare loans regularly, so you won't have to pay any more than necessary for the financing you use.
Comparing loans with Sortter's comparison service is completely free, and you are not obligated to sign a loan contract when you request offers. You can check the interest rates and loan conditions offered by banks and financial institutions right away and take your time to decide whether to accept a loan offer or not.
The comparison shows all the loan costs in a simple breakdown. We always recommend that our customers choose the lowest annual percentage rate of interest on their loans, as this is the rate of interest that includes all the loan costs. If you prefer, you can arrange the loan offers according to different criteria, such as loans with the lowest monthly payment or the lowest headline interest rates.
Loan offers are always personal
Banks almost always price their loans individually for each customer. A reliable way to compare loans is to request personal offers from lenders. The better the bank’s evaluation of your repayment ability, the cheaper the loan offer can be.
Sortter takes care of time-consuming bank comparisons for you. By using our service, you can receive and compare loan offers tailored to your circumstances from up to dozens of lenders. When you use our service, all you need to do is select the loan offer that best suits your needs.
Find affordable loans and consumer credit by using a loan comparison
Obtaining and comparing competitive loan offers can save you time and money. Our comparisons will help you get loan decisions from dozens of banks and financial institutions in just a few minutes, and you can compare loans with complete transparency.
Consolidating loans, financing renovations, and buying a car or a boat are the most popular uses for unsecured loans. It is our job to help you find financing on the most affordable possible terms, whatever you are borrowing for. Our service helps you to apply for a loan and compare unsecured loans and consumer credit from multiple lenders, after you get the loan decisions.
Select the amount you would like to borrow and the loan period, and then send the application. You will receive loan decisions from the banks in the comparison. Then, you can take your time to look through the loan offers and the conditions proposed by the banks. Select the most affordable loan conditions from the comparison and sign a loan agreement securely using your online banking ID.
The loan agreement will be between you and your selected lender, and after it is signed, the lender will transfer the money to your account. You will then pay the loan back at the agreed monthly rate to the bank or financial institution that granted it.
Consolidation of debt
You can take out a consolidation loan to replace your existing dept, credit or part-payments and pay them off sooner. If you have one or more loans to pay back and you want to replace them with credit on better terms, we can help you find competitive loan consolidation offers from banks.
Comparing loans could save you hundreds or even thousands of euros when you refinance your old loan agreements on better terms. Take control of your loan expenses and consolidate your loans into a single, affordable payment plan.
Our comparison is a straightforward, secure way to find the best loan
Sortter is a Finnish loan comparison service that is always free to use. We want to make it straightforward and secure to find an affordable loan. Our comparison service is one of the most comprehensive in Finland – we have more than 20 lenders in our network. This means you can obtain loan decisions from up to dozens of banks and financial institutions.
We can help you compare loans, and we always show loan offers in a fair way, without the small print.
Our comparison makes it straightforward to find the most suitable loan because we show the following details about each loan offer:
- Loan amount: the amount the bank has offered to lend
- Loan period: the repayment schedule
- Monthly instalment: the amount you pay each month
- Annual interest rate: the nominal interest rate on the loan
- Setup fee: the charge for arranging the loan
- Account management fee: the invoicing fee the bank charges every month
- Annual percentage rate of interest: the interest rate that includes all the loan costs
- Amount to be repaid: the total sum of the borrowed capital and the loan costs
We recommend that our customers choose the loan with the lowest annual percentage rate of interest. We operate completely impartially, and we do not favour any of our partners. We want to make it more straightforward for you to find the most suitable loan for you.
Our service has been built in compliance with the strictest information security practices, and it operates in a completely encrypted environment. With our help, it is free and efficient to compare the terms of bank loans.
Loan with a co-applicant
Did you know that you can apply for a loan with a co-applicant? Co-applicants are usually spouses, cohabitant partners, or other relatives. However, the co-applicant does not need to live at the same address as the main applicant.
When you apply for a loan with a co-applicant, you can receive a larger loan sum at a lower interest rate than when you apply alone. This is because banks and financial institutions consider the risk of lending to be lower when there are two applicants. Consequently, the repayment of the loan is more certain with two applicants than it is with one.
However, it is good to know that the co-applicant will be just as liable for the repayments as the main applicant.
Benefits
- Possible to borrow a larger sum
- Interest rate likely to be lower