Make your month-end easier
In the Arion app, you can split payments on your credit card and also increase your credit card limit.
In the Arion app, you can split payments on your credit card and also increase your credit card limit.
You can spread the bill over up to 18 months. You choose how much you want to pay on the next due date and over how many months you want to distribute the remaining balance.
Minimum payment is 10% of the bill
Minimum amount is 30,000 ISK
Loan term up to 18 months
Maximum total number of distributions is 10
The cost of payment distribution is according to the bank's price list. Interest rates on payment distribution are according to the bank's interest rate table at any given time.
An overdraft loan is ideal for those who need a relatively small amount for a short period. The loan is processed quickly and granted for up to 12 months at a time. The loan doesn't have fixed repayments, so you can manage repayment according to your needs.
You can apply for the loan in the Arion app.
No loan origination, stamp duty, or early repayment fees.
You only pay interest on the amount you use at any given time.
Núlán is an unindexed loan that you can take for up to five years. The loan has equal installments, which means you always pay the same amount of principal each month, plus interest.
Anyone can apply for Núlán in the Arion app. The process is automated and takes less than a minute to apply. If the loan is approved, it is paid out immediately. It's that simple.
In the app, you have a good overview of the loan status and can choose to pay down the loan faster if circumstances allow. The maximum loan amount that can be applied for in the app is 2.7 million.