By knowing which are the best lines of credit for young people, you can make good choices when seeking financial assistance. Therefore, we selected the most relevant ones from the Portuguese market to help you learn about the subject.

They correspond to the alternatives that were developed especially for this clientele. Therefore, they have special conditions for those who are at the beginning of their financial life.

Novo Banco or NB has a very specific line of credit for young people. This group includes people up to 35 years of age. Furthermore, it is necessarily focused on housing. That is, when purchasing or building your own home.

Check out the main features and benefits of this alternative:

Furthermore, this line of credit for young people allows parents to participate when the contractor is a minor. With this, they can help with the purchase of the house by reinforcing the mortgage on their property.

Taking out this credit is online. To do this, simply access the Novo Banco website. Then, click on “Housing Credit” and the option for young people.

Then, click on “Request Contact”. Enter your email and telephone number and wait for an attendant at NB to contact you.

Another of the best credit lines for young people is the one for students and belonging to Santander. AND

This is an exclusive alternative for undergraduate, higher education, postgraduate, master's, doctorate or executive training (MBA) students.

In fact, the place of study does not have to be Portugal. Therefore, this line of credit is both for those who will go on student exchanges and for those who will study in Portuguese lands. See the main features:

This, then, is a personal credit. It requires a presentation of expenses arising from studies. Thus, it is possible to use the amount to support yourself during your academic training, as well as to pay monthly fees.

To take out this option among the credit lines for young people, simply access the Santander website. Then, click on “Personal Credit” > “Personal credit for students” > “Credit simulator”.

Fill in the details and contact information and wait for an attendant to call you.

The last of the best credit lines options for young people in Portugal is from Caixa Geral de Depósitos (CGD). Unlike previous alternatives, it targets young entrepreneurs.

With this line it is possible to obtain money to create your company or to expand and modernize it. Therefore, this is an alternative for those who want to have their own business and need financial support to do so.

This credit is available to entrepreneurs up to 40 years old. See its main features and advantages:

To take out this loan, simply access the CGD website. Then, access the tab corresponding to credit lines for young people and click on “Request a contact”. Enter your details and wait for an attendant to speak to you.

In the list above we saw which are the best credit options for young people. However, nothing stops them from looking for other alternatives that are available to the general public. That is, it does not have a target audience defined by age group or student status, for example.

However, remember that focusing on specific lines is a way to find products that were developed exactly for your profile!

However, of course, be sure to compare the conditions and interest rates of each one. This way you can find the best alternative and successfully start your financial life.

It is not just lines of credit for young people that are relevant as financial solutions. After all, having an account and account tailored to your age group can help a lot in your daily life.

So, how about knowing how to request the Jovem Novo Banco debit card? So, see how even at the beginning of your life and financial independence it is possible to find good products.