Lunar and Lendo don’t influence whether you will get approved for a loan. However, there are some common requirements that are good to know about:
- You must be at least 18 years old.
- You need an annual income of at least 60,000 DKK.
- You can’t be registered in RKI.
- You must live in Denmark.
- You need a MitID.
It’s the banks and lenders that Lendo collaborates with who assess who gets approved for loans.
The loan offers you receive from Lendo are preliminary offers based on the information you submit when applying. Therefore, no offer is binding until the bank has verified all your details.
How much will a loan cost?It is free and without obligation to apply for a loan via us and Lendo. Your application will be assessed in the same way as if you had applied at a bank.
If you choose to accept one of your loan offers, you’ll save 500 DKK on the set-up fee because you have Lunar.
The interest rate will vary based on your credit assessment, which also means that the total cost may differ.
See specific interest rates on Lendo’s website