We will find the best solution together
When payment difficulties arise, it is important to act quickly and explore the available solutions to resolve the situation.
When payment difficulties arise, it is important to act quickly and explore the available solutions to resolve the situation.
It is important to try to resolve issues before they become insurmountable.
We offer a variety of solutions that might suit you. You can always send us an inquiry at arionbanki@arionbanki.is, and we will respond promptly
You can spread your credit card balance over up to 18 months in the app or online banking.
There are no fixed repayments. You only pay interest on the amount you use and can choose a repayment schedule that suits you.
If unexpected expenses arise and you need to bridge the gap, a consumer loan may be a suitable solution. You can also use it to combine multiple instalment plans or loans into one.
If you are facing a significant increase in your mortgage payment burden, it might be beneficial for you to consider refinancing.
We offer new parents the option to reduce their mortgage payments by up to half while they are on parental leave.
When you set a payment freeze on your loan, you pay a fixed amount for 12 months, which is lower than the monthly payment according to the loan terms.
If you have multiple loans from one or more lenders, it may be advantageous to consolidate them into a single loan with better terms.
If you have experienced a loss of income, we offer you the option to temporarily reduce your payments. The condition is that the loan is on a property you own and where you have your legal residence.
Monthly payments of the principal are then frozen and only interest on the principal is paid over a specified period.
Don't ignore the problem. Debts don't disappear on their own—the more honest you are about the problem, the more likely we are to provide the best possible assistance.
The sooner you respond and ask for help, the easier it is to resolve the issue.
Here are some common signs that may indicate payment difficulties:
You regularly increase your loan amount or overdraft
You have difficulty keeping up with monthly repayments
You frequently change the due date of monthly payments
You worry about your finances or debt repayment
You typically spend more than your income
You rely on borrowing to keep operations running
You receive regular letters about unpaid bills or missed payments
If your claim or case has entered legal collection, we recommend contacting us by phone at 444 6170 or by sending an email to loginnheimta@arionbanki.is.
If you are in serious financial trouble, you can seek help from the Debtors' Ombudsman, whose role is to help individuals bring their payment burden and debt situation into an acceptable state.