Citadele review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Citadele is a direct lender in Latvia. Its personal loan runs at an APR of 9.94%, plus an origination fee of 2% of credit amount, minimum 100 EUR. It suits adults with a regular, stable and verifiable monthly income who want cash in the app the same day.

Key facts

Best for
Borrowers in LV who need cash in the app quickly and can pay the origination fee up front.
APR
9.94% (Source, checked September 26, 2026)
Loan amount
€200 to €25,000 (Source, checked September 26, 2026)
Term
18 to 84 months (Source, checked September 26, 2026)
Arrangement fee
2% of credit amount, minimum 100 EUR (Source, checked September 26, 2026)
Funding time
Within a few minutes after signing in the mobile app (Source, checked September 26, 2026)
Representative example
Consumer loan of 5000 EUR over 60 months, interest rate 8.5% per year, commission fee 100 EUR, APR 9.94%, total repayable 6275.20 EUR, monthly payment 102.92 EUR (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Free early repayment
Yes (Source, checked September 26, 2026)
Eligibility
At least 18 years of age with a regular, stable and verifiable monthly income (Source, checked September 26, 2026)
Origination fee (%)
2% (Source, checked September 26, 2026)
Loan types
Personal (Source, checked September 26, 2026)
Legal entity
Citadele banka AS (Source, checked September 26, 2026)
Headquarters
Latvia (Source, checked September 26, 2026)
Support channels
Email, Chat, Phone, Help-centre (Source, checked September 26, 2026)
Features
Same-day funding
Official website
citadele.lv

Mortgages

APRC
3.98% (Source, checked September 26, 2026)
Fixed period
0.5 years (Source, checked September 26, 2026)
Maximum loan to value
95% (Source, checked September 26, 2026)
Product fee
€0 (Source, checked September 26, 2026)
Purpose
Purchase, Remortgage (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Legal entity
Citadele banka AS (Source, checked September 26, 2026)
Headquarters
Latvia (Source, checked September 26, 2026)
Support channels
Email, Chat, Phone, Help-centre (Source, checked September 26, 2026)

Apps and profiles

Get the app
App StoreGoogle Play
Elsewhere
WikidataWikipediaXLinkedInfacebook.com

Pros and cons

Pros

  • Funds arrive Within a few minutes after signing in the mobile app, so a signed loan can reach the account the same day.
  • Early repayment is free, so extra monthly payments or a lump sum shorten the loan at no extra charge.
  • Citadele is a direct lender, direct lender, so the contract sits with the bank itself rather than a broker.
  • The property side charges an APRC of 3.98%, no product fee, and lends to 95% loan to value.

Cons

  • The personal loan carries an origination fee of 2% of credit amount, minimum 100 EUR on top of the interest rate.
  • Terms of 18 to 84 mean even the shortest personal loan still runs for years, so the commitment is long.
  • Applicants need a regular, stable and verifiable monthly income, so anyone on irregular or seasonal earnings starts weaker.
Citadele

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Scored 9.1 / 10 by BorrowCue.

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Who it suits

  • Borrowers in LV with a regular, stable and verifiable monthly income who need cash quickly.
  • Anyone comfortable paying an origination fee of 2% of credit amount, minimum 100 EUR up front and clearing the balance early.
  • Households buying or remortgaging, since purchase and remortgage are both covered at an APRC of 3.98% with no product fee.

Who should look elsewhere

  • Borrowers chasing the lowest headline cost: Cashspace ES shows an APR of 0%, and the rate is the whole story there.
  • Readers who want to weigh a spread of prices from a different lender, since Monzo Flex runs 10% to 23%.
  • Applicants with irregular income, where Cashspace's band of PHP 12 to PHP 36 may suit better than a strict income test.

How your money is protected

Citadele is a direct lender, direct lender, so the agreement is its own product rather than a match picked from a broker panel. The representative example puts the interest rate, commission fee, total repayable and monthly payment side by side, so the full cost of a personal loan can be read before anything is signed.

The company behind it

The lender is Citadele banka AS, based in Latvia. Support runs on email, chat and phone, covering email, chat, phone and a help centre. Questions about a payment, a fee or the status of an application can be put to a person on the phone rather than left in a queue of messages.

How Citadele compares

Where Citadele is available

Available
Estonia, Latvia, Lithuania

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What APR does a Citadele personal loan carry?+

The published APR is 9.94%, below the median APR of 12% for personal loans on the site. It ranks at position 154 of 350 brands compared on APR. The interest rate alone is lower still, because the commission fee is what lifts it to the APR.

What fees come with a Citadele personal loan?+

The personal loan carries an origination fee of 2% of credit amount, minimum 100 EUR, so the headline rate is not the whole cost. The mortgage side charges no product fee, €0. Reading the commission line in a quote matters before rates are compared across lenders.

How much can I borrow, and for how long?+

Personal borrowing runs €200 to €25,000 over terms of 18 to 84. The top end is a consumer amount rather than a mortgage, so larger plans sit with the property side. The site median personal loan amount is €876.96, which puts Citadele well above the middle on size.

How fast is the money paid out?+

Payout is quick: money arrives Within a few minutes after signing in the mobile app. The loan is signed in the mobile app, so agreement and payout sit together rather than across a branch or an agent. Most of the work happens on a phone, which suits anyone who cannot easily visit in person.

Can I repay the loan early?+

Yes, early repayment is free, so a lump sum or extra monthly payments can shorten the term without a charge. With borrowing of €200 to €25,000 and terms of 18 to 84, paying off sooner brings the total repayable down rather than adding a fee.

Who can apply?+

Applicants need to be adults with a regular, stable and verifiable monthly income, and that is the basis Citadele assesses. Lending is personal only, so there is no other product to qualify for. Anyone on irregular earnings should expect the income test to be the sticking point.

Is there a mortgage side too?+

Yes. Purchase and remortgage are both covered, purchase and remortgage, with an APRC of 3.98% and no product fee on the property side. Lending runs to 95% loan to value, and the fixed period of 0.5 is brief next to a site median of 6.5.

Who is behind the loan and who do I contact?+

The contract is with Citadele banka AS, a bank based in Latvia, lending as a direct lender rather than through a broker. Support runs on email, chat and phone, so email, chat, phone and a help centre all handle questions about a payment or a fee.

Sources

  • cblgroup.com/en/companies checked September 26, 2026

    Backs: Headquarters

    “Citadele is a Latvian based full-service financial group”

  • citadele.lv/en/contacts checked September 26, 2026

    Backs: Legal entity, Support channels

    “Citadele banka AS ... Reg. Nr. 40103303559, Republikas laukums 2A, Riga, LV-1010, Latvia”

  • citadele.lv/en/private/consumer checked September 26, 2026

    Backs: Loan amount, APR, Eligibility, Features, Free early repayment, Funding time, Lender type, Loan types, Arrangement fee, Origination fee (%), Representative example, Term

    “Consumer loan from 200 EUR up to 25 000 EUR”

  • citadele.lv/en/private/mortgage checked September 26, 2026

    Backs: APRC, Maximum loan to value, Product fee, Purpose

    “Mortgage loan calculator: Loan amount: 51 000.00 EUR, Annual percentage rate (APR): 3.98%”

  • citadele.lv/en/support/self-service/loans/euribor/loan-faq checked September 26, 2026

    Backs: Fixed period

    “Citadele offers Euribor fixing for 6 months”

Compiled from 5 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Credit check.

Citadele

Citadele

Borrowers in LV who need cash in the app quickly and can pay the origination fee up front.

9.1/10See alternatives

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