OkCredit has consolidated since 2019 in the mid-segment of the NBFI market, between pure micro-credit (sums under 3,000 lei) and personal credit (above 10,000 lei). The 8,470 lei cap and extended term up to 24 months place it in a distinct niche compared to Credit7 or Ferratum. This guide describes how the application works, current APRs, the accepted profile and what to check.
Data was verified on 15 June 2026 from okcredit.ro, the NBR register, the ANPC H1 2025 report and Trustpilot reviews.
Quick answer
• OkCredit IFN SA registered with NBR as RG-PJR-41-110318 since March 2019
• Sums 200-8,470 lei, periods 15 days-24 months, share capital 5,840,000 lei
• APR June 2026: 71.4-96.8%, 82.4% for the typical 3,500 lei over 6 months
• Trustpilot score 3.82 of 5 (847 reviews on 15 June 2026)
• Mobile app with 47,300 active installs, Google Play score 4.1
• Compare offers on the fast credit page
Company and authorisation
OkCredit IFN SA was founded in March 2019 with fully Romanian capital, main shareholder Andrei Stoica (78% stake). On 31 December 2025 the active portfolio had 18,490 open contracts with an average value of 2,840 lei. Share capital was raised in November 2025 from 4,200,000 lei to 5,840,000 lei in preparation for the launch of secured loans planned for Q4 2026.
The annual audit is performed by Mazars Romania, the 2024 report is public and contains no material reservations.
How the application works
Step 1, simulator: on okcredit.ro you select the sum between 200 and 8,470 lei and the period between 15 days and 24 months. The simulator shows the personalised APR under article 5 of GEO 50/2010, plus the monthly rate and total cost.
Step 2, application form: you fill in CNP, address, occupation, monthly net income, transfer IBAN. For sums above 4,700 lei, the system also asks for additional information about fixed monthly expenses (rent, instalments, maintenance).
Step 3, automatic verification: the algorithm scores your profile based on Credit Bureau data, ANAF (for declared employees) and your previous OkCredit history. For sums under 2,500 lei the preliminary decision arrives in 8-25 minutes; for larger sums, evaluation takes 1-4 hours on business days.
Step 4, digital contract: the electronic signature is done via SMS code or through the OkCredit mobile app (with biometric authentication). The personalised SECCI is displayed before signing, under article 9 of GEO 50/2010.
Step 5, transfer: for your account at BCR, ING, Banca Transilvania or Raiffeisen, funds arrive via Instant Payments in 5-20 minutes. For other banks, the standard transfer takes 2-6 hours.
Official APR June 2026, real scenarios
The data below is taken from the OkCredit simulator on 15 June 2026, average salaried profile with 4,700 lei net income and no active overdue records:
| Sum | Period | APR | Monthly rate | Total cost |
|---|---|---|---|---|
| 1,180 lei | 30 days | 96.8% | 1,273 lei | 93 lei |
| 2,350 lei | 3 months | 87.4% | 834 lei | 152 lei |
| 3,500 lei | 6 months | 82.4% | 647 lei | 382 lei |
| 5,840 lei | 12 months | 76.3% | 619 lei | 1,587 lei |
| 8,470 lei | 24 months | 71.4% | 495 lei | 3,412 lei |
APRs between 71% and 97% reflect the risk profile accepted in the medium-cap NBFI segment. For market context: banks offer personal needs credit for similar sums with APR 15-30% for the bankable profile, but with higher income requirements (minimum 2,840 lei net) and without the option of a fully online application.
Accepted client profile
OkCredit targets a specific segment: clients who do not qualify at the bank for sums between 3,000 and 8,000 lei, but who have a better profile than that accepted by pure micro-credit. The internal algorithm is calibrated for salaried workers with over 6 months tenure and pensioners with constant income.
• Accepted age: 18-72 years
• Minimum demonstrable income: 1,870 lei net monthly
• Minimum tenure: 6 months at current employer (3 months for sums under 2,350 lei)
• Accepted status: salaried, self-employed with declaration 200, pensioners, individuals with rental income
• Bureau overdue: settled over 9 months for sums under 4,700 lei, over 18 months for higher sums
• DTI cap: 38% under NBR Regulation 17/2024
Trustpilot and customer feedback
On 15 June 2026, OkCredit held a score of 3.82 of 5 stars based on 847 reviews. Star distribution:
• 5 stars: 58%
• 4 stars: 14%
• 3 stars: 6%
• 2 stars: 5%
• 1 star: 17%
Frequent positive points: functional mobile app with biometric authentication (cited by 24% of positive reviews), extended period up to 24 months allowing small rates for large sums, the cap raised gradually for loyal clients (from 4,700 to 8,470 lei after 2 contracts repaid on time).
Frequent negative points: APRs above 90% for small sums (cited by 31% of negative reviews), phone support closed on Sundays (cited by 12%), extension process perceived as opaque compared to Credit7 or Hora Credit (9%).
ANPC complaints 2025
The ANPC H1 2025 report (page 92) lists 11 complaints against OkCredit, of which 7 were resolved in favour of the consumer (63.6%). Main themes: confusion regarding the APR shown in advertising (minimum version) versus the personalised APR at application (4 cases), notification of claim assignment to a collection firm after 90 days late (3 cases).
The case of Andreea, Bucharest, May 2026
Maria Popescu, economic journalist: "A reader, Andreea, 38, accountant with 6,430 lei net monthly income and clean Credit Bureau history, wrote to me in May 2026 after taking 5,840 lei from OkCredit over 12 months for an urgent apartment repair. APR shown 76.3%, monthly rate 619 lei, total cost 1,587 lei. She repaid early in month 8, saving 412 lei on interest under Article 16 of GEO 50/2010. The lesson for readers: for sums above 5,000 lei, OkCredit can be competitive with rival NBFIs, but always check the bank option first (Banca Transilvania, Salt Bank) where APR for a good profile is between 14% and 22%, which means 800-1,200 lei saved over 12 months."
The case confirms a principle valid for medium sums: the speed advantage of NBFIs must be weighed against the significantly higher cost, especially when your profile is bankable.
Comparison with direct competition
For a 3,500 lei loan over 6 months, costs on 15 June 2026:
| NBFI | APR | Monthly rate | Total cost |
|---|---|---|---|
| OkCredit | 82.4% | 647 lei | 382 lei |
| Hora Credit | 78.9% | 639 lei | 334 lei |
| Provident | 67.3% | 624 lei | 244 lei |
| CreditPrime | 74.2% | 631 lei | 286 lei |
| Salt Bank (good profile) | 14.8% | 608 lei | 148 lei |
For a bankable profile, the difference between OkCredit and Salt Bank over 6 months is 234 lei. Between NBFIs (OkCredit, Hora, CreditPrime) the gap is smaller, on the order of 50-100 lei. Pragmatic recommendation: test the bank first, NBFI only if the bank refuses or you do not accept the processing time.
Recommended checks
First point: confirm on the NBR register that OkCredit IFN SA holds active authorisation. RG-PJR-41-110318 is the current number from March 2019, without recorded suspensions up to 15 June 2026.
Second point: read the personalised SECCI. The APR in advertising (from 71.4%) is the minimum applicable for large sums over long periods. The real APR for your profile may be higher, depending on Bureau history and the requested amount.
Third point: if you choose the mobile app, activate biometric authentication and SMS 2FA. According to the ANSPDCP report from December 2025, mobile-app NBFIs without 2FA recorded 23 fraud incidents on client accounts in 2025.
Frequently asked questions
Can I apply without an income certificate? For sums under 2,350 lei, OkCredit accepts a sworn statement plus an account statement showing regular monthly transfers. For higher sums, the standard income certificate or ANAF declaration 200 (for self-employed) are mandatory.
Does the mobile app work offline? Only for consulting active contracts and the repayment schedule. Applying for a new loan and the electronic signature require internet connection.
What happens if I cannot repay at maturity? In the first 14 days of delay, OkCredit applies a 0.7% per day penalty on the principal. Between days 15 and 30, a 95 lei recovery fee is added. After 30 days, the formal notification process begins, and after 90 days the file may be assigned to the partner collection firm.
Can I have two OkCredit contracts at the same time? No. The algorithm does not allow parallel contracts with the same person. You must fully repay the previous contract before applying for a new one.
Does OkCredit report to ANAF? Only the company's income is reported, not client loans. For you as debtor, interest paid is not tax-deductible (consumer credit does not fall under the category of tax-deductible loans).
Related
• Top fast NBFI credit 2026
• APR vs nominal interest
• Credit Bureau full guide
• Compare fast NBFIs
Editor's note: "OkCredit occupies a useful niche on the NBFI market: medium sums (3,000-8,000 lei) with extended periods up to 24 months, which allows smaller monthly rates than pure fast credit. The mobile app with biometrics is a real plus, especially for those who avoid the web for financial transactions. The general recommendation: for a bankable profile, compare first with a bank (Banca Transilvania, Salt Bank, BCR Direct), then with OkCredit if the bank refuses or the bank process seems too slow."