Typically personal loans allow you to borrow from £1,000 up to £50,000 over periods of one to 10 years. Here, we reveal which loan providers are offering the best rates on borrowing £5,000, £10,000, £15,000 and £25,000.
Find how much you can borrow with our loans calculator, seek the best rates and check your eligibility with Martin Lewis & MoneySavingExpert's guides.
A loan is a way of borrowing money over an agreed period with interest. Loans are usually unsecured, which means you’re not putting your valuable possessions, such as your home or car, up as security or collateral against the debt. But this limits how much you can borrow – typically up to about £25,000.
Personal Loans. Apply now and get a decision in just 10 minutes. Loans are available from £1,000 and you can select how long you need to pay it back.
Get your loan rate before you apply – without it affecting your credit score. Subject to application, financial circumstances and borrowing history. Personal price quote – with no credit footprint. Apply in Online Banking or the Barclays app – most people apply in less than 10 minutes 1.
Apply for a low interest personal loan from Tesco Bank to buy a new car, make home improvements or organise your finances into one fixed monthly payment.
Apply for an HSBC Personal Loan to get an instant decision and funds transferred the same day. View our rates and find out more here.
To apply for a loan. You must be aged 21 or over. You must have a regular yearly income of £10,500+ for loans up to £19,999, or £20,000+ for loans between £20,000 and £25,000. You must be employed, self-employed or retired. You must live permanently in the UK.
Need funds for a big purchase? M&S Bank offers unsecured personal loans. Explore our loan options and find the right loan for you.
See what loan rates you’re likely to be accepted for before you apply. Compare loans for home improvements, debt consolidation, weddings and more.