Credit score evaluation

Your credit score shows how much you can borrow and how capable you are of paying off your loan. Your credit score is based on your income, regular expenses and current debts.

Next step

Apply for a credit score (in Icelandic)

Good to know

  • A credit score evaluation is the first step when applying for a mortgage, refinancing or any other loan higher than ISK 2 million.

  • The credit score evaluation is valid for 6 months and you can always reapply.

  • A positive credit score evaluation result means that you can subsequently apply for a loan/mortgage. 

  • The fee for an online credit score evaluation is (based on the bank's price index at any given time) ISK 5,300 per individual and ISK 8,500 for couples.

  • You will need electronic identification to apply for a credit score evaluation.

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