Credem — Prestito Personale Link
Credem Banca S.p.A.
Credem's (Credito Emiliano) online "Link" personal loan has an example of €6,400/60 months with 7.30% nominal and 8.12% APR, a €128.64 instalment and €7,748.15 total cost. Origination is waived; the €1 per-instalment collection and stamp duties remain. It is a traditional bank loan, with terms in line with the banking-market average and available online. Amounts up to about €25,000.
Data & conditions
| Representative-example APR | 8.12% (€6,400 · 60 months · instalment €129) |
|---|---|
| Min advertised nominal rate | 7.3% |
| Total cost of credit | €7,748 |
| Usury threshold | 18.6% (Credito personale, 3° trim. 2026) — APR sits at 44% |
| Loan amount | — – €25,000 |
| Term | —–120 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 / BCE |
| Segment | B2C |
| Funding / solidity | Credito Emiliano, Gruppo Credem |
| MiCA / License status | Banca (Albo delle Banche, Banca d'Italia) |
Strengths
- Zero origination fee; low per-instalment collection (€1)
- Total cost of credit clearly disclosed (€7,748.15)
- Traditional bank, fully online loan
- No notable sovereignty advantage documented.
Weaknesses
- 8.12% APR is average, not among the lowest in the set
- Maximum amount around €25,000: smaller than other banks
- Exact validity date of the example to be confirmed on the SECCI
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
Verdict
Score 3.3/5, average profile. In its favour: zero origination fee; low per-instalment collection (€1). The trade-off to weigh: 8.12% APR is average, not among the lowest in the set.
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.
FAQ
Does the Credem Link loan have origination fees?
No, origination is waived. The only fees beyond interest are the €1 per-instalment collection and stamp duties (€16 + €2), which push the APR (8.12%) slightly above the nominal rate (7.30%). The example's total cost is €7,748.15 on €6,400.
Sources
- Official service page Data verified on Jul 16, 2026