Personal Loans

Whether you’re financing a major purchase, consolidating debt, or need flexible repayment terms, we’ve done the hard work for you.

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Explore the UK personal lending market
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Compare loan offers tailored to you
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From small top-ups to larger lump sums
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Borrow from trusted UK lenders

Get Personalised Rates

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Find lenders that can approve you
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Options for all credit backgrounds
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Representative 18.6% APR

Mintify Limited, trading as Mintify, is an Introducer Appointed Representative of Creditec Limited and is acting as a credit broker, not a lender.

We compare Personal Loans from 40+ trusted UK providers, including:

118 118 Money Logo
1plus1 Loans Logo
Abound Logo
Admiral Logo
AIB Logo
Autolend Logo
Bamboo Logo
Bank of Scotland Logo
Barclays Logo
Believe Money Logo
Creation Logo
Danske Bank Logo
Everyday Loans Logo
Finio Loans Logo
First Direct Logo
GoCap Logo
Halifax Logo
HSBC UK Logo
Lloyds Bank Logo
Loans By Mal Logo
M&S Bank Logo
MBNA Logo
Monzo Logo
Munzee Logo
Nationwide Logo
NatWest Logo
Novuna Logo
Oakbrook Loans Logo
Plane Saver Credit Union Logo
Plata Logo
Royal Bank Of Scotland Logo
Salad Money Logo
Santander Logo
Shawbrook Logo
Startline Logo
Tesco Bank Logo
TSB Bank Logo
Ulster Bank Logo
Vanquis Logo
Virgin Money Logo
Zopa Logo
Zuto Logo

Mintify Limited, trading as Mintify, is an Introducer Appointed Representative of Creditec Limited and is acting as a credit broker, not a lender. Examples are for illustration purposes only. The rate and term you are offered are subject to status and affordability and are dependent on your individual circumstances. Find out how this calculator works

118 118 Money

Personal Loan

2.7

OUR RATING

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Representative APR

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2.7

OUR RATING

Quick Look

118 118 Money offers unsecured personal loans of up to a maximum of £5,000, A key feature is their promise of same day funding, which makes it a suitable option for individuals who require quick access to unsecured funds, especially for smaller loan amounts and urgent needs. However, it's important to note that their Annual Percentage Rates (APRs) are generally higher compared to other lenders. Consumers with a good credit score or those requiring larger loan amounts might want to explore alternatives with more competitive rates.

Issuer118 118 Money
Loan TypeUnsecured Personal Loan
Rate TypeFixed
Interest Calculation MethodMonthly
Minimum Loan Amount£1,000.00
Maximum Loan Amount£5,000.00
Minimum Loan Term (months)12
Maximum Loan Term (months)36
Customer TypeNew or Existing Customers
RelationshipNew or Existing Customers
Acceptance CriteriaMinimum applicant net income £700 per month. UK Resident, hold a current UK bank account and debit card.
Minimum Age18
Maximum Age70
Debt Consolidation Limit£5,000.00

The information contained in this table summarises key product features obtained during research and is not intended to replace any terms and conditions from the lender

1plus1 Loans

Guarantor Loan

3.2

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3.2

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Both unsecured and guarantor loans available for amounts over £5,000 and up to a maximum of £10,000. Most applications receive funds on the same day once loan agreement is signed.

Issuer1plus1 Loans
Loan TypeUnsecured Personal Loan
Rate TypeFixed
Interest Calculation MethodEffective
Minimum Loan Amount£1,000.00
Maximum Loan Amount£10,000.00
Minimum Loan Term (months)12
Maximum Loan Term (months)60
Customer TypeNew or Existing Customers
RelationshipNew or Existing Customers
Acceptance CriteriaAll applicants are considered; with or without a guarantor.
Minimum Age18
Maximum Age70
Debt Consolidation Limit£10,000.00

The information contained in this table summarises key product features obtained during research and is not intended to replace any terms and conditions from the lender

Abound

Personal Loan

3.8

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3.8

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Abound offers unsecured personal loans between £2,000 and £10,000, with repayment terms from 12 to 60 months. Applications can be completed entirely online, and once approved and the agreement is signed, funds are typically transferred the same day. What sets Abound apart is its approach to affordability. Instead of focusing only on your credit score, Abound considers your income, spending habits, and overall financial position to assess your ability to repay. This makes it a potentially suitable option for applicants with limited credit histories but stable financial circumstances. It’s important to note that a loan fee of £130 is included and added to the total loan amount. While this is reflected in the APR, borrowers should ensure they understand the full cost before proceeding. Abound allows additional repayments at any time without extra charges, which could reduce interest over the life of the loan, but always check the terms and conditions of your contract.

IssuerAbound
Loan TypeUnsecured Personal Loan
Rate TypeFixed
Interest Calculation MethodEffective
Minimum Loan Amount£2,000.00
Maximum Loan Amount£10,000.00
Minimum Loan Term (months)12
Maximum Loan Term (months)60
Customer TypeNew or Existing Customers
RelationshipNew or Existing Customers
Acceptance CriteriaUK Resident with your main bank account in the UK. No unresolved defaults or CCJs.
Minimum Age18
Maximum Age70
Application Fee£130.00
Debt Consolidation Limit£10,000.00

The information contained in this table summarises key product features obtained during research and is not intended to replace any terms and conditions from the lender

Admiral

Personal Loan

4.0

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4.0

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Originally focused on car insurance, Admiral has since expanded to include financial products like car finance and both secured and unsecured loans. Personal loans can be used for many different reasons such as home improvement, debt consolidation or even a car purchase. Funds are usually received between 12pm and 5pm on the third working day once loan agreement is signed.

IssuerAdmiral
Loan TypeUnsecured Personal Loan
Rate TypeFixed
Interest Calculation MethodDaily
Minimum Loan Amount£1,000.00
Maximum Loan Amount£30,000.00
Minimum Loan Term (months)12
Maximum Loan Term (months)96
Customer TypeNew or Existing Customers
RelationshipNew or Existing Customers
Acceptance CriteriaMinimum applicant income £19,000 per annum. UK Resident for 3 years, hold a UK bank account and no CCJs in the last 3 years or bankruptcy, relief orders or IVAs in the last 6 years.
Minimum Age18
Maximum Age75
Debt Consolidation Limit£30,000.00

The information contained in this table summarises key product features obtained during research and is not intended to replace any terms and conditions from the lender

AIB

Personal Loan

4.5

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4.5

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AIB offer a variety of ways to apply; in branch, over the phone or online offering customers more flexibility. Applications are approved only after assessing affordability which helps prevent persistent debt. Same day funding isn't available so this is ideal for consumers who aren't in need of funds urgently.

IssuerAIB
Loan TypeUnsecured Personal Loan
Rate TypeFixed
Interest Calculation MethodMonthly
Minimum Loan Amount£1,000.00
Maximum Loan Amount£25,000.00
Minimum Loan Term (months)12
Maximum Loan Term (months)60
Customer TypeNew or Existing Customers
RelationshipNew or Existing Customers
Acceptance CriteriaNew customers must submit up to 6 months previous bank statements, one document to confirm your identity and one document to confirm your address.
Minimum Age18
Maximum Age70
Debt Consolidation Limit£25,000.00

The information contained in this table summarises key product features obtained during research and is not intended to replace any terms and conditions from the lender

Autolend

Personal Loan

3.8

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3.8

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Autolend provides personal car loans. Once approved, funds are typically received within two hours, making this a quick option for those ready to buy a car. It’s important to note that an application fee of £375 is added to the loan, which impacts the total cost of borrowing.

IssuerAutolend
Loan TypeUnsecured Personal Loan
Rate TypeFixed
Interest Calculation MethodEffective
Minimum Loan Amount£1,000.00
Maximum Loan Amount£35,000.00
Minimum Loan Term (months)12
Maximum Loan Term (months)60
Customer TypeNew or Existing Customers
RelationshipNew or Existing Customers
Acceptance CriteriaMinimum applicant income of £800 per month. UK Resident for at least 3 years.
Minimum Age18
Maximum Age70
Application Fee£375.00

The information contained in this table summarises key product features obtained during research and is not intended to replace any terms and conditions from the lender

Bamboo

Personal Loan

3.2

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3.2

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Bamboo offers unsecured personal loans in the UK aimed at consumers who are looking for speed and convenience. Loans are typically paid out on the same day, provided the agreement is signed before 3pm. While there are no upfront or application fees, borrowers should carefully consider the total cost of borrowing and check the loan terms before applying. This loan may suit those with limited access to mainstream credit, but due to the higher APR, it’s especially important to compare offers to make sure it’s the right fit for your circumstances.

IssuerBamboo
Loan TypeUnsecured Personal Loan
Rate TypeFixed
Interest Calculation MethodAmortized
Minimum Loan Amount£2,000.00
Maximum Loan Amount£15,000.00
Minimum Loan Term (months)12
Maximum Loan Term (months)60
Customer TypeNew or Existing Customers
RelationshipNew or Existing Customers
Acceptance CriteriaUK Resident and employed/retired. You must have a valid UK debit card; this could be either a Visa Debit, Visa Electron or Debit MasterCard. Prepaid debit cards are not accepted.
Minimum Age18
Maximum Age72
Debt Consolidation Limit£15,000.00

The information contained in this table summarises key product features obtained during research and is not intended to replace any terms and conditions from the lender

Bank of Scotland

Existing Customer Personal Loan

3.9

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3.9

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A broad range of loan amounts (between £1,000 - £50,000) are available which offers consumers a lot of flexibility. Bank of Scotland personal loans have some of the more competitive APRs on the market, especially for loans over 7K, with their maximum APR being much lower than other lenders. This loan might be ideal for someone looking for a larger loan amount. You can also use the app to manage your loan online especially for things like viewing your loan statement, applying for a repayment holiday or even making early repayments without any extra charges.

IssuerBank of Scotland
Loan TypeUnsecured Personal Loan
Rate TypeFixed
Interest Calculation MethodMonthly
Minimum Loan Amount£1,000.00
Maximum Loan Amount£50,000.00
Minimum Loan Term (months)12
Maximum Loan Term (months)96
Customer TypeExisting Customers only
RelationshipBank of Scotland account for at least 1 month required.
Acceptance CriteriaUK Resident with no bad credit history or CCJs. Must have a Bank of Scotland current account for at least one month.
Minimum Age18
Maximum Age70
Debt Consolidation Limit£50,000.00

The information contained in this table summarises key product features obtained during research and is not intended to replace any terms and conditions from the lender

Barclays Bank

Existing Current Account Customer Barclayloan

4.2

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4.2

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Barclay offer some of the lowest APRs for personal loans, especially for loans over 7K, APRs can be as low as 6.5%. A current account with Barclay's will be needed in order to apply for the loan. If you have Barclay's app or online banking, most people complete their loan application within 10 minutes with same day funding for loan agreements signed and approved between set times. Always check the terms carefully to ensure you fully understand your obligations and all costs involved.

IssuerBarclays Bank
Loan TypeUnsecured Personal Loan
Rate TypeFixed
Interest Calculation MethodEffective
Minimum Loan Amount£1,000.00
Maximum Loan Amount£50,000.00
Minimum Loan Term (months)24
Maximum Loan Term (months)60
Customer TypeExisting Customers only
RelationshipA current account or Barclaycard account required.
Acceptance CriteriaUK Resident with a Barclays current account or Barclaycard account.
Minimum Age18
Maximum Age70
Debt Consolidation Limit£50,000.00

The information contained in this table summarises key product features obtained during research and is not intended to replace any terms and conditions from the lender

Barclays Bank

Existing Premier Account Customer Barclayloan

4.8

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4.8

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Barclay offer some of the lowest APRs for personal loans, especially for loans over 7K, APRs can be as low as 6.5%. A current account with Barclay's will be needed in order to apply for the loan. There can be same day funding for loan agreements signed and approved between set times. Always check the terms carefully to ensure you fully understand your obligations and all costs involved.

IssuerBarclays Bank
Loan TypeUnsecured Personal Loan
Rate TypeFixed
Interest Calculation MethodEffective
Minimum Loan Amount£1,000.00
Maximum Loan Amount£50,000.00
Minimum Loan Term (months)24
Maximum Loan Term (months)60
Customer TypeExisting Customers only
RelationshipA current account or Barclaycard account required.
Acceptance CriteriaUK Resident with a Barclays current account or Barclaycard account.
Minimum Age18
Maximum Age70
Debt Consolidation Limit£50,000.00

The information contained in this table summarises key product features obtained during research and is not intended to replace any terms and conditions from the lender

Creation Financial Services

Creation Loans

3.7

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3.7

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There are no loan arrangement fees and Creation Loans state that the maximum APR is 29.9% which is lower than many other personal loan providers.

IssuerCreation Financial Services
Loan TypeUnsecured Personal Loan
Rate TypeFixed
Interest Calculation MethodDaily
Minimum Loan Amount£1,000.00
Maximum Loan Amount£30,000.00
Minimum Loan Term (months)12
Maximum Loan Term (months)60
Customer TypeNew or Existing Customers
RelationshipNew or Existing Customers
Acceptance CriteriaMinimum applicant income £9,600 per annum. UK Resident with no bad credit history or CCJs.
Minimum Age23
Maximum Age70
Debt Consolidation Limit£25,000.00

The information contained in this table summarises key product features obtained during research and is not intended to replace any terms and conditions from the lender

Danske Bank

Home Owners Personal Loan

5.0

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5.0

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Danske Bank offer unsecured home loans for Danske mortgage customers only. You can spread the cost of big purchases with this variable rate loan. However, since the interest rate is the Danske Bank Standard Variable Rate (UK), this means your loan repayments may go up as well as down.

IssuerDanske Bank
Loan TypeUnsecured Personal Loan
Rate TypeVariable
Interest Calculation MethodDaily
Minimum Loan Amount£1,000.00
Maximum Loan Amount£25,000.00
Minimum Loan Term (months)12
Maximum Loan Term (months)60
Customer TypeExisting Danske mortgage customers
RelationshipExisting Danske mortgage customer.
Acceptance CriteriaUK Resident. Any IVAs, CCJs or bankruptcy notices may impact your loan being approved.
Minimum Age18
Maximum Age70
Debt Consolidation Limit£25,000.00

The information contained in this table summarises key product features obtained during research and is not intended to replace any terms and conditions from the lender

Danske Bank

Personal Loan

4.5

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4.5

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Danske Bank offer both single and joint applications which you can apply for directly online. Danske Bank offer competitive APRs but always check the terms carefully. Applicants ideally should have a good credit rating with a good repayment history. If you hold a Freedom, Choice Plus or Prestige account with Danske Bank, a discounted rate could be available.

IssuerDanske Bank
Loan TypeUnsecured Personal Loan
Rate TypeFixed
Interest Calculation MethodDaily
Minimum Loan Amount£1,000.00
Maximum Loan Amount£25,000.00
Minimum Loan Term (months)12
Maximum Loan Term (months)60
Customer TypeExisting Customers only
RelationshipDanske bank account required for loan repayments.
Acceptance CriteriaUK Resident. Any IVAs, CCJs or bankruptcy notices may impact your loan being approved.
Minimum Age18
Maximum Age70
Debt Consolidation Limit£25,000.00

The information contained in this table summarises key product features obtained during research and is not intended to replace any terms and conditions from the lender

Evlo

Personal Loan

2.2

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2.2

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Evlo, formerly known as Everyday Loans, is a personal loan provider that specialises in helping individuals with a less than perfect credit history. They offer loan amounts ranging from £1,000 to £15,000, with repayment terms from 18 to 60 months. A key differentiator for Evlo is their branch based service model. This means that you can have a face to face consultation with their customer support during the application process. This can be particularly beneficial for borrowers who prefer discussing their options in person or need additional support. While interest rates can be higher, depending on your personal situation, the ability to interact directly with their customer support team can provide a level of guidance and reassurance that other lenders may not offer. Each application is assessed based on its specific circumstances. It's important to carefully consider your financial situation, understand all potential interest rates, and compare all available options before deciding on a loan.

IssuerEvlo
Loan TypeUnsecured Personal Loan
Rate TypeFixed
Interest Calculation MethodMonthly
Minimum Loan Amount£1,000.00
Maximum Loan Amount£15,000.00
Minimum Loan Term (months)18
Maximum Loan Term (months)60
Customer TypeNew or Existing Customers
RelationshipNew or Existing Customers
Acceptance CriteriaMinimum applicant income £10,000 per annum
Minimum Age18
Maximum Age75
Debt Consolidation Limit£15,000.00

The information contained in this table summarises key product features obtained during research and is not intended to replace any terms and conditions from the lender

Finio Loans

Personal Loan

3.2

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3.2

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Finio Loans offers fast personal loans with same day approval, focusing on efficiency in the application and funding process. They aim to pay funds into your bank account on the same day you're approved, although during busy periods, it could take longer. This makes them potentially suitable for borrowers who need funds relatively quickly, but not with guaranteed same day.

IssuerFinio Loans
Loan TypeUnsecured Personal Loan
Rate TypeFixed
Interest Calculation MethodEffective
Minimum Loan Amount£500.00
Maximum Loan Amount£5,000.00
Minimum Loan Term (months)12
Maximum Loan Term (months)36
Customer TypeNew or Existing Customers
RelationshipNew or Existing Customers
Acceptance CriteriaUK Resident with regular income. In some cases, you may need to provide supporting documents such as driver's license.
Minimum Age18
Maximum Age73
Debt Consolidation Limit£5,000.00

The information contained in this table summarises key product features obtained during research and is not intended to replace any terms and conditions from the lender

Showing 1-15 of 44 personal loans

Compare personal loans in the UK – unsecured.

Personal loans provide a way to borrow a fixed amount of money over a set period, with regular repayments. As unsecured loans, they do not require you to offer assets like your home as security.

Whether you’re consolidating existing debts, funding a large purchase, or financing home improvements, personal loans can offer a flexible borrowing option. However, it’s important to understand the interest rates, repayment terms, and total cost of borrowing before applying.

On this page, you can:

  • Compare unsecured personal loan options from a range of UK lenders
  • Check your eligibility using a soft search, which won’t affect your credit score
  • Learn how personal loans work, including how interest and repayments are calculated

What is a personal loan?

A personal loan is a type of credit that allows you to borrow a fixed amount of money from a lender, which you repay in monthly instalments over an agreed period, known as the loan term. Most personal loans in the UK are unsecured, meaning you do not need to provide an asset such as your home or vehicle as security.

Loan amounts, repayment terms, and interest rates vary between lenders. The interest rate you’re offered typically depends on factors such as:

  • Your credit history and credit score
  • Your income and existing financial commitments
  • The amount you want to borrow and the repayment term

Representative Annual Percentage Rate (APR) is used to help you compare loan products. It reflects the typical rate offered to at least 51% of customers accepted for that loan but is not guaranteed. The actual rate you’re offered may be higher or lower depending on your personal circumstances.

Because personal loans are unsecured, interest rates are often higher than for secured loans. However, your risk is limited to the debt itself, rather than risking repossession of your property.

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Remember: Personal loans are a form of borrowing. Always check the total cost of credit and ensure repayments are affordable. Missing payments can lead to financial difficulty and negatively impact your credit score.

Who are personal loans for?

Personal loans can be suitable for individuals who need to borrow a fixed amount of money and prefer predictable, monthly repayments over a set period. You might consider a personal loan if you:

  • Want to consolidate existing debts, such as credit cards or other loans, into a single repayment
  • Need to fund a large, one-off purchase. For example, a car, household appliance, or home improvement project
  • Prefer fixed repayment amounts and a clear loan term to help you manage your budget
  • Meet the lender’s basic eligibility criteria, which typically include being a UK resident, aged 18 or over, having a regular income, and passing a credit check

Important: Personal loans may not be suitable for everyone. They are generally intended for planned borrowing rather than covering ongoing expenses. Always consider whether you can afford the repayments over the full loan term before applying. Missing payments could damage your credit score and lead to financial difficulties.

Am I eligible for a personal loan?

To apply for a personal loan, most UK lenders will expect you to meet the following basic eligibility criteria:

  • Be aged 18 or over
  • Be a UK resident with a permanent address
  • Have a regular source of income
  • Pass the lender’s credit and affordability checks

Some lenders may offer personal loans to individuals with a lower or limited credit history, but you’re likely to be offered higher interest rates and more limited borrowing options if your credit score is poor.

Before applying, consider using a free eligibility check service, sometimes called a ‘soft search’. You can check your eligibility for personal loans using our partner powered eligibility checker, operated by Creditec. This allows you to see your likelihood of approval without affecting your credit score.

Important: Meeting the basic criteria does not guarantee approval. Each lender will assess your personal and financial circumstances, including your ability to repay the loan, as part of their lending decision.

Get Personalised Loan Rates

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Find lenders that can approve you
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Options for all credit backgrounds
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Representative 18.6% APR
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No impact to your credit score

Mintify Limited, trading as Mintify, is an Appointed Representative of Creditec Limited and is acting as a credit broker, not a lender.

What can a personal loan be used for?

Personal loans are typically used for planned, one off expenses or to help manage existing debt. Common reasons people apply for a personal loan include:

  • Debt consolidation: Combining multiple debts, such as credit cards or other loans, into a single monthly repayment. This may help simplify your repayments and reduce your overall interest rate, but always check if early repayment fees or total repayment costs make consolidation suitable for you.
  • Home improvements: Spreading the cost of renovations, household appliances, or furniture over a set repayment term.
  • Vehicle purchase: Financing the purchase of a car, van, or motorcycle, especially if you prefer predictable monthly repayments over using dealer finance.
  • Unexpected one-off expenses: Covering urgent or emergency costs where other forms of borrowing (or savings) may not be available or appropriate.

Borrowing responsibly; what to consider

A personal loan can help you manage large, one-off expenses or consolidate existing debt. However, borrowing is a significant financial commitment, and it’s important to consider whether it is the right option for you.

  • Affordability: Only borrow what you can comfortably afford to repay over the full loan term. Missing repayments may result in additional charges and negatively affect your credit score.
  • Necessity: Consider whether taking out a loan is necessary or if there are alternative ways to manage your finances, such as using savings.
  • Total cost of credit: Always check the total amount you’ll repay over the loan term, including interest and fees. Look for the Annual Percentage Rate (APR) to compare loan offers.
  • Purpose of borrowing: Personal loans are generally intended for planned, one-off expenses. If you’re considering borrowing to cover everyday spending or ongoing financial difficulties, it may not be the right solution and could lead to further financial pressure.

Personal Loan FAQs

What interest rate will I get?

The interest rate offered will depend on your credit history, personal circumstances, and the lender’s assessment of your ability to repay. While representative APRs typically range from around 6% to 30%, some lenders may offer higher rates. Always review your individual offer carefully before proceeding, as the rate you’re offered may differ from the representative rate.

Will checking my eligibility affect my credit score?

No. Checking your eligibility uses a soft credit search, which does not impact your credit score. Only when you submit a full application will a hard search be recorded on your credit file, which could affect your score.

Can I repay a personal loan early?

In most cases, yes. However, some lenders may charge an early repayment or settlement fee. Always check the loan’s terms and conditions before agreeing, to understand any costs associated with repaying early.

How much can I borrow?

Personal loan amounts typically range from £1,000 to £25,000, depending on the lender and your personal circumstances. Some lenders may offer amounts up to £50,000, but this is less common and usually subject to stricter eligibility criteria.

Are personal loans available for people with bad credit?

Some lenders offer personal loans to applicants with lower or limited credit histories. However, these products often have higher interest rates, shorter repayment terms, or stricter conditions. Use a soft search eligibility checker to explore your potential options without affecting your credit score. Remember, borrowing costs are likely to be higher if your credit score is poor.

What is a credit score?

Credit scoring is a process used by lenders to make a decision as to whether or not they want to lend to you. This process is largely based on information they get from the credit reference agencies ( Equifax, Experian and TransUnion) who hold information about your credit history. They will also use information from your application form, and data from any accounts you’ve had with that financial firm in the past.

In general, having a positive record of repaying debt on time significantly increases your chances of approval compared to a history of missed payments.

The content presented here has been impartially gathered by the Mintify team and is offered on a non-advised basis for informational purposes only. We adhere to strict editorial integrity

Editor, Credit Cards: Michelle Blackmore

Last Updated: August 1, 2025