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Topics
Personal · Credit and loans · Loans

Applying for a personal loan

Revolut offers unsecured personal loans which can be fully managed in-app.

Loan eligibility

  • Be at least 18 years old
  • Permanently live in Spain and have your current address listed with Revolut
  • Have a clean credit history and no history of missed repayments
  • Be employed (full-time, part-time, self-employed) with a regular income
  • Have a local mobile phone number linked to your Revolut account
  • Be a customer of Revolut Bank UAB for at least 30 days
  • Have no personal details missing from your Revolut account
  • Have no negative balances in your Revolut account and no overdue commitments to third parties
  • Meet the requirements of Revolut Bank UAB internal risk policies

How to apply for a personal loan

  1. Go to 'Home' on the bottom menu
  2. Below your balance, tap 'Accounts'
  3. Tap 'Add new' 
  4. Tap 'Credit'
  5. Tap 'Personal loan'
  6. Fill out the short application

Once you submit your application, we'll carry out credit checks to determine if your request meets our lending policy. If we need more information from you, we'll reach out via email. You should get a decision within 10 business days.

If approved, finalise the process by viewing the offer, editing it if needed, reading the pre-contractual documentation, and accepting it 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 income, expenses, and existing debts. If our assessment reveals that the amount and term you initially asked for may lead to financial difficulties, we will adjust the offer accordingly.