Compare loans and save in expenses

Tendering for loans is small trouble for our customers, considering the average amount of money saved in credit costs is €1,682. 

The savings achieved by tendering for loans have been calculated by comparing the cheapest and most expensive loan offers. The calculations are based on loan offers for sums between 8,000 and 10,000 euros made by banks in April and May 2023. The saving indicated is the loan cost median, expressing a typical distribution of loan costs.

Loan interest rates and costs range between banks and loan applicants. Banks’ credit decision and pricing models also change continuously and, depending on the time, favour different types of applicants. When you ask for tenders through our service, you will find the loan provider that meets your needs.

With Sortter, you can compare personal loan offers from a number of credit providers, seeing clearly the differences in the loans they have offered. All loan interest rates and costs are listed in our service clearly and without any small print. What’s more, the comparison is done transparently, using the annual percentage rate. This will help you to avoid nasty surprises, and comparing the loan offers is easy. 

Tendering for loans is small trouble compared to the amount of money you can save.

We work in direct cooperation with banks and financial institutions, so you get loan offers through us in as quickly as just a few minutes. 

Take your time to study the offers, and once you have found one that you prefer, you can accept the offer within our service. 

The loan agreement is concluded between you and the loan provider, and the loan agreement can be easily signed with your banking credentials.

The loan is repaid in agreed monthly instalment, but you can also pay it back prematurely. However, interest and expenses will no longer be charged as soon as you have paid back the full amount.

Refinancing your existing loan or credit means that you replace the payment agreement with a cheaper loan. 

A smart consumer utilises competition between banks and financial institutions to check regularly at which interest rate loan is available. If you get a new loan at a lower interest rate, you can pay off the old, more expensive loan and save in loan servicing costs.

If you have an old loan or consumer credit, it is worth replacing it with a cheaper loan. The interest rate of your existing loan will not be lowered automatically even if the banks were new prepared to offer a loan under better terms. 

When you want to refinance an old loan agreement, Sortter will obtain a loan decision from all our partners with your single application, and you can pick the cheaper loan from them. 

Yes, you can pay off the current loan prematurely. This is your legal right, and it does not even have to be mentioned in the terms. You can read more about premature repayment of loans on the website of the Finnish Competition and Consumer Authority. 

We submit thousands of loan application on behalf of our customers each month. We regularly ask our customers to provide feedback and to share their experiences of our service. Our customer give us by far the best feedback about the ease of use of the service and about the clarity of loan offers. Our customers also thank us for providing such a quick service. 

The following is how our customers have commented Sortter

• “Very easy to use”
• “I would recommend it to others.”
• “By far the best loans comparison service online. Thanks!”
• “Very good”
• “A really clever application”
• “Nice and reliable service” 
• “Good service and quick answer”

With Sortter, you can get loan tenders from more than 20 loan providers. We are one of Finland’s biggest loan comparison platforms, which our customers can utilise in the form of a comprehensive service. You can get a loan offer from dozens of loan providers for various purposes, such as renovation, car or wedding.

Sortter is a Finnish service, and we charge you nothing for getting you competitive tenders. In order to get a positive credit decision from banks or financial institutions, you should fill in the loan application carefully. Applicants must be at least 20 years of age with regular income and no payment defaults.

Getting competitive tenders – tips

• Have documents ready about your income (such as your latest payslip or document about pension income), so you can give your monthly income accurately. Some loan providers also want to see documentation about your income, so enter your income truthfully.
• A payslip or pension certificate may be required.
• Fill in the loan application carefully. Credit decisions are always made separately for each customer, so please give as much detail as possible about your situation.
• Compare the loan offers carefully, but not for too long. Loan offers will expire in 2–4 weeks, and you may not get better offers after that.