Compass — Prestito Personale
Compass Banca S.p.A.
at 73% of the usury threshold
Data verified on unchanged since the sources
Worth it if you have a top credit profile and need cash fast: disbursement in 1 business day and a minimum nominal rate (TAN) of 6.90%.
Avoid it if you want the lowest cost: the representative APR (TAEG) is 13.64% and climbs to 15.70%, among the priciest in the loans panel.
Compass Banca (Mediobanca Group) is one of the most heavily advertised consumer-credit names. It is also the clearest case of "advertised vs real number": marketing quotes an APR from 7.41% (minimum nominal rate 6.90%), but the standard representative example on €10,000 over 60 months is 11.90% nominal and 13.64% APR — nearly double the minimum, with a total cost of €13,602. The stated maximum APR reaches 15.70%. Disbursement is very fast, but the real rate is among the highest in the set.
Very fast disbursement (1 business day from approval).
Data & conditions
| Representative-example APR | 13.64% (€10,000 · 60 months · instalment €225) |
|---|---|
| Min advertised nominal rate | 6.9% |
| Max APR | 15.7% |
| Total cost of credit | €13,602 |
| Usury threshold | 18.6% (Credito personale, 3° trim. 2026) — APR sits at 73% |
| Loan amount | €1,000 – €30,000 |
| Term | 24–96 months |
| Lender | Bank (direct lender) |
| Mandatory insurance | No |
| Insurance included in APR | No |
| Reported to credit bureaus (CRIF) | Yes |
| KYC | Full |
| Supported countries | EEA · 1+ countries |
| Regulator | Banca d'Italia |
| Segment | B2C |
| Funding / solidity | Gruppo Mediobanca; tra le più rapide sull'erogazione (1 giorno lavorativo dall'approvazione) |
| MiCA / License status | Banca (Albo delle Banche, Banca d'Italia) |
Strengths
- Among the fastest disbursements on the market (1 business day from approval)
- Bank of the Mediobanca Group, extensive network and online channels
- Competitive theoretical minimum nominal rate (6.90%) for the best profiles
- No notable sovereignty advantage documented.
Weaknesses
- Standard representative example APR 13.64%: nearly double the advertised minimum (7.41%)
- Maximum APR up to 15.70%: among the most expensive in the personal-loan set
- Total cost is €13,602 to borrow €10,000 over 5 years
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
Verdict
Score 3.0/5, average profile. In its favour: among the fastest disbursements on the market (1 business day from approval). The trade-off to weigh: standard representative example APR 13.64%: nearly double the advertised minimum (7.41%).
On the Sovereignty lens the score is 0.4/5 (weak): the strength is censorship resistance (1.5/5), while fund control (0.0/5) is the weak link.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
Reputation
What happened to people who used Compass — Prestito Personale, and what users say. External signals: they do not feed the promp.it rating.
Incidents & regulatory actions
History not verifiedWe have not yet completed the incident search for this service: no entries here does not mean no events.
Public reviews
-
Trustpilot ↗
4.4/5
45,279 reviews
Trustpilot Italy profile (compass.it): 4.4 over 45,279 reviews. Aggregate TrustScore for the operator, not the single loan product.
-
App Store ↗
4.7/5
20,361 reviews
'Compass: Prestiti Online' app (id 1078631678, Compass Banca S.p.A.): 4.67 over 20,361. Covers the whole loan-management/customer app, not the loan product alone. Exact value from iTunes lookup.
Weighted average across 2 public review platforms (65,640 reviews in total), weighted by volume. This is not our rating: it is those platforms’ average.
FAQ
Compass advertises low rates: what is the real cost?
The page minimum is 6.90% nominal / 7.41% APR, but it is reserved for the best profiles. The standard representative example on €10,000/60 months is 11.90% nominal and 13.64% APR, with a €13,602 total cost. Your application's real number is in the SECCI: ask for it before signing.
Sources
- Official service page Data verified on Jul 16, 2026