This instant loan has a commitment fee that you can view during the application process. Plus, you can repay it early. If you decide to cancel a part or all of your pre-approved loan before the term indicated in the application, you will be required to pay a 0.5% cancellation fee (of the amount to be canceled) if less than 12 months remain to pay off the loan, and 1% if more than 12 months are left.
BBVA Pre-approved Online Loan
Are you interested?
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Getting your loan is very simple
- Go into your private area to see if you've been pre-approved for a loan.
- Choose an amount and a term that does not exceed that of your pre-approved loan.
- Sign it digitally and the money will be deposited into your account instantly.
The loan will be subject to approval by BBVA.
You have 14 calendar days from the date you sign to withdraw from the loan contract without incurring a cancellation fee; we would refund the commitment fee to you, and you would only have to pay for the interest accrued during those days.
Is your project sustainable?
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Get a discount on your loan's interest rate
If the purpose of your loan is to purchase an electric or hybrid plug-in vehicle, home renovations or the purchase of energy-saving devices, you could get a discount on the interest rate of your pre-approved loan.
You will need to provide a budget or pro-forma invoice to confirm that the loan will be used for a purchase or upgrade intended to improve energy efficiency, as reflected in the following list:
- Electric and plug-in hybrid vehicles.
- Electric bicycles and scooters (with and without a motor).
- Purchase of household appliances with the ratings specified.
*Check the energy label ratings for a discount below.
- Lighting with LED technology.
- Installation of heating and hot water systems with condensation or biomass boilers and heat pump, with the ratings specified.
*Check the energy label ratings for a discount below.
- Automatic on/off timers.
- Presence detection to turn on lighting.
- Wall insulation and window replacement.
- Installation of charging points for electric vehicles.
- Solar panels for self-supply.
Would you like to pay a smaller fee?
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Reduce the interest rate by 1% by direct depositing your paycheck
As a BBVA customer, you will have your own NIR and APR for your Pre-approved Online Loan. But if you decide to direct deposit for the life of the loan a paycheck of at least €600, or a pension of at least €300, or an unemployment benefit, the initial interest rate on your loan will be reduced by 1%.
This reduction will be applied at least during the first 3 loan payments. From that moment on, the requirements will be reviewed to verify that the reduction still applies. This same review will be repeated every 6 months throughout the life of the loan.
Do you also want peace of mind?
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You are eligible for payment protection insurance
Having the peace of mind of knowing that your loan will never become a burden is something you are probably interested in. That's why we offer Payment Protection Insurance that you can purchase together with your Pre-approved Online Loan.
With this insurance, if any of the circumstances specified in the contract occur, the insurance company will cover the outstanding amount.
The price of the insurance will be calculated by adding 1 percentage point to the interest rate of the loan. You can find out the exact amount during the purchase process.
Find out about energy labeling
The classes with a discounted rate on the loan are the ones specified below
Your appliance or system has to be rated A+++ or A++ (under the old system), or A or B (under the new system).
Would you like more information?
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Turn your projects into reality Request up to €75,000 in less than 3 minutes.
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- We are working to make your life a little easier with our digital solutions.
- Our approach is based on transparency, clarity and responsibility.
Pre-approved loan
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