Compricer review

The service itself is free, with 0 SEK - service is free of charge, no fee to the customer and a product fee of SEK 0. Compricer works as a broker, so it introduces you to lenders rather than lending its own money. The representative example shows an origination fee added to a variable rate, which lifts the effective rate above the headline figure.

Personal loans run at 4.59% to 21.23%, and the rate is variable so it moves with the market. You can borrow SEK 10,000 to SEK 800,000 over a term of 24 to 180. Because the rate is variable, a rise in the market adds to what you repay each month.

Applications need a hard credit check, so a decision follows a full file review rather than a quick score. Once the loan documents are signed, the money lands 1-3 business days after signing loan documents. That makes Compricer a choice for planned spending rather than a payment due the same day.

Eligibility asks for a minimum age, a minimum period registered as a resident in Sweden, an annual income above a set floor and a waiting period clear of Kronofogden debt. The legal entity behind the service is Compricer AB, based in Sweden.

The broker covers personal, debt consolidation and secured, so personal, debt consolidation, secured, car and business borrowing sit side by side. For homes it handles purchase and remortgage. Running every comparison through one service is useful if you are weighing a new loan against a remortgage at the same time.

Compricer operates under Finansinspektionen supervision in Sweden and appears as a registered insurance distributor with Bolagsverket. Regulation sits with the site at the Swedish level, so the arrangements do not rest on an overseas regulator.

Early repayment is free, which matters if your income changes or you want to clear the balance sooner. Since the personal loan rate is variable, clearing the loan also removes the exposure to future rate rises. Support runs on phone, email and help centre if you want to check the position first.

For homes, the initial rate is 2.81% with a stated 2.85%, lending up to 85% of the value. The fixed period is 0.25, short enough that the rate that follows needs checking before you sign.