Applying for a personal loan
Revolut offers unsecured personal loans which can be fully managed in-app.
Loan eligibility
To have a loan with Revolut, you must meet the following requirements:
- You permanently live in Germany and your current address is linked to your Revolut account
- You're at least 18 years old
- You have a good Schufa Credit Bureau history and no negative balances in your Revolut account
- You have a regular, sustainable, and verifiable income
- You're a customer of Revolut Bank UAB for at least 30 days and have no missing account details
- You have a local mobile phone number linked to your Revolut account
- You have no negative balances in your Revolut account and no overdue commitments to third parties
How to apply for a personal loan
In your Revolut app:
- Go to 'Home' on the bottom menu
- Below your balance, tap 'Accounts'
- Tap 'Add new'
- Select 'Personal loan'
- Fill out the short application, which includes linking your salary account
Once you submit your application, we'll run a credit check and let you know our decision immediately to determine if your request meets our lending policy. If we need more information from you, such as payslips, we'll reach out via email or push notification. If we need additional documents, you'll be able to submit them in-app. You should get a decision within 10 business days.
If you're approved, you'll need to finalise the process by:
- Viewing the offer
- Editing the offer (if needed)
- Reading the pre-contractual documentation
- Accepting the offer via e-signature
The disbursement will be available in your Revolut account immediately.
Why is my loan offer different to what I applied for?
While reviewing your loan application, we carefully consider your existing debts, expenses, and income. If we determine that the amount and term you initially asked for may lead to financial difficulties, we'll adjust the offer accordingly.