Shawbrook Bank Personal Loan
OUR RATING
Loan Amount
Total Payable
Monthly Repayment
Representative APR
Representative example will update based on your input.
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Use our calculator to see illustrative rates. After that, check your eligibility to get a customised rate from this provider and a panel of others without any impact on your credit score. Representative 18.6% APR.
Mintify Limited, trading as Mintify, is an Appointed Representative of Creditec Limited who is acting as a credit broker, not a lender.
Our Verdict
Shawbrook Bank offers personal loans ranging from £1,000 to £50,000, with repayment terms from 1 to 7 years. You can repay the loan early or make overpayments, but check the terms carefully in case any fees apply. Shawbrook put a huge emphasis on transparency of fees and on being open and honest with no misleading APR advertising. With a Representative APR of 16.9%, Shawbrook could suit consumers seeking larger loan amounts. Just be aware that same day funding is not available, so these loans are more suited to those who aren’t in urgent need of funds.
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 | Shawbrook Bank |
|---|---|
| Loan Type | Unsecured Personal Loan |
| Rate Type | Fixed |
| Interest Calculation Method | Effective |
| Minimum Loan Amount | £1,000.00 |
| Maximum Loan Amount | £50,000.00 |
| Minimum Loan Term (months) | 12 |
| Maximum Loan Term (months) | 84 |
| Customer Type | New or Existing Customers |
| Relationship | New or Existing Customers |
| Acceptance Criteria | Minimum applicant income £15,000 per annum. You must have a personal bank account in the UK and a good credit history with no outstanding CCJs. |
| Minimum Age | 21 |
| Maximum Age | 75 |
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 Appointed Representative of Creditec Limited who is acting as a credit broker, not a lender.
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