Bank of Scotland Existing Customer Personal Loan
OUR RATING
Loan Amount
Total Payable
Monthly Repayment
Representative APR
Representative example will update based on your input.
Our Verdict
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.
Important: The information contained in this table summarises key product features and is not intended to replace any terms and conditions from the card issuer.
| Issuer | Bank of Scotland |
|---|---|
| Loan Type | Unsecured Personal Loan |
| Rate Type | Fixed |
| Interest Calculation Method | Monthly |
| Minimum Loan Amount | £1,000.00 |
| Maximum Loan Amount | £50,000.00 |
| Minimum Loan Term (months) | 12 |
| Maximum Loan Term (months) | 96 |
| Customer Type | Existing Customers only |
| Relationship | Bank of Scotland account for at least 1 month required. |
| Acceptance Criteria | UK Resident with no bad credit history or CCJs. Must have a Bank of Scotland current account for at least one month. |
| Minimum Age | 18 |
| Maximum Age | 70 |
| Debt Consolidation Limit | £50,000.00 |
Important: When consolidating your existing borrowing, you may extend the term of your debt and increase the total amount you repay.
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Representative 18.6% APR
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Mintify Limited, trading as Mintify, is an Introducer Appointed Representative of Creditec Limited who acts as a credit broker, not a lender.
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