Study Loan

Conditions valid until 02/28/2021. Loan subject to approval by Banco Bilbao Vizcaya Argentaria, S.A.

Yes, to obtain this loan you must have a BBVA account, which is where the money will be deposited and the installments will be charged. If you are not already a client, you can open your account during the process.

If you decide to cancel a part or all of your loan before the end of the term indicated in the application, you will have to pay a cancellation fee of 0.50% of the amount canceled, if less than 12 months remain to pay off the loan, or 1% if more than 12 months remain.

In the event of a delay in the monthly repayment, the corresponding late payment fees will be applied. Non-payment may cause serious consequences (such as foreclosure) and affect your credit score.

BBVA recommends responsible use of the loan in order to be able to pay the monthly instalments and avoid surcharges in fees or interest.

The monthly interest payment may vary depending on the number of days in the month being liquidated, and will be charged to your BBVA account on the last day of each month.

From a minimum of €3,000 up to a maximum of €75,000. If you need a smaller amount, request one of our credit cards.

You can choose from a repayment period between 1 and 8 years.

Before signing the contract, you will receive the European standardized information on consumer credit. To grant loans based on prudential and responsible criteria, the bank may request the involvement of a notary public.

You have right to cancel the loan at no additional cost within the first 14 days after signing the contract.

NIR (Nominal Interest rate) is what you pay to a bank in exchange for receiving a loan. NIR is usually less than APR and is not useful to compare the price of different loans, since it includes the interest rate only and not the transaction costs.

APR (Annual Percentage Rate) indicates the cost of a financial product such as a loan, including interest and the various associated expenses and fees. This information lets you compare different loans because the lower the APR, the cheaper the loan.