Lower your monthly payment with refinancing

Combine all your loans into one and pay less

It just takes 3 steps to pay less:

Apply for refinancing by adding your financial info.
Receive an offer with a lower monthly payment.
Read and accept the terms, then sign. We'll do the rest!

Why should I refinance with Bondora?

Lower monthly payments
Combine several loans into one
Flexible repayment schedules
Spread loan obligations over a longer period
Save on interest and credit costs
Get an answer in just 60 seconds

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What our customers say

Great people and products! Great company from Estonia. People that listen to you and want to help you further. The products and service are top of the line as they only take the best of the best.

Klaas, 2020
Great company! Even though the user count is growing a lot, they try to do their best and give value to each individual customer.

Ivaylo, 2021

Frequently Asked Questions

What is refinancing?: Bondora offers refinancing to our customers to bring their credit from other lenders to us for lower monthly payments. To apply for refinancing, we will ask you to share some financial details. We will then make you an offer with a lower monthly payment. All you have to do is review the terms and sign. We'll take care of the rest! Bondora will pay off your credit to your former lenders within two-five business days.

Why should I refinance with Bondora?: We're here to help you get lower monthly payments. So, if we can't offer you a lower monthly payment, we won't offer you refinancing. That way, you know you're only getting the best with Bondora. The entire application process is online and super simple with minimal effort.

How long does the entire refinancing process take?: We aim to do things quickly and efficiently. After submitting your most recent 3-month bank statement, we will give you a refinancing offer immediately. Once you've read and accepted the terms and signed the offer, we'll send the payment to your existing lender within two-five business days to pay off your credit.

How is my refinanced credit paid off?: Once we have the reference number for your existing credit, we will pay off your credit directly to the lender. You should receive confirmation from your lender that everything is closed. Then you can sit back and enjoy lower monthly payments at Bondora!

Political Exposure

A Politically Exposed Person (PEP) is a natural person who is or has been entrusted with prominent public functions. This includes the following positions:

Head of State or Head of Government
Minister, Deputy Minister, or Assistant Minister
Member of a Legislative Body
Member of a Governing Body of a Political Party
Judge of the Highest Court of a Country
Auditor General or Member of the Supervisory Board or Executive Board of a Central Bank
Ambassador, Envoy, or Chargé d’Affaires
High-ranking Officer in the Armed Forces
Member of an Administrative, Management, or Supervisory Body of a State-Owned Enterprise
A person considered a performer of prominent public functions by a Member State of the European Union, the European Commission, or an international organization accredited in the European Union, according to a list published by the European Commission.

Who are Relatives and Close Associates (RCA)?

Relatives

A person known to be a relative of a PEP includes:

Spouse/registered partner of a PEP or an equivalent partner
Parent of the PEP
Child of the PEP
Spouse or registered partner of the PEP’s child

Close associates

A person known to be a close associate of a PEP includes:

A natural person known to be a Beneficial Owner of a legal person jointly owned with the PEP or one who has a close business relationship with the PEP.
A natural person who is the Sole Beneficial Owner of a legal entity established by the PEP or in the interests of the PEP.
Natural persons who, together with the PEP, are beneficial owners of a legal entity, a collective investment, a trust, or a comparable legal structure under foreign law.
Natural persons who are the sole beneficial owners of a legal entity, a collective investment, a trust, or a comparable legal structure under foreign law known to have been established for the benefit of the PEP. This includes “nominees” who appear to be acting or receiving benefits on their behalf, whereas in practice, they are acting on behalf of the PEP.

Any natural person known to have close business ties with the PEP, such as the PEP’s business partners.