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Short-term loans

Kona með hund

Find the right loan for you

You can take out short-term loans and set your cred­it lim­its in the app and on­line bank­ing ser­vice. The cred­it lim­it that you are gran­ted can be di­vided between Aukalán loans, your over­draft au­thor­isa­tion and the card au­thor­isa­tion, as suits you best.

Aukalán loan

Aukalán loans are a sensible way to cover unexpected expenses. You can take out the loan anywhere and anytime, and get the money right away along with a clear repayment schedule.

Overdraft

An overdraft is a line of credit that you can use at your convenience. This loan is well suited to meet temporary or unexpected expenses. You only pay interest on the overdraft that you actually use.

Credit limit

Your credit limit allows you to take out a short-term loan or set authorisations at your convenience. You can divide it between overdraft, credit cards and Aukalán loans as you see fit.

Join our group of satisfied customers

Applying for access to online banking and the app, creating an account and getting a debit card is a matter of minutes.