Moneyfacts.co.uk Best Buys show the best products chosen by our independent experts. Where we have been able to we have also provided a link for you to apply online today. Products shown with a yellow background are sponsored products.
Moneyfacts.co.uk Limited is an independent credit broker not a lender. We will receive a payment
from credit providers where customers link to them from Moneyfacts.co.uk. None of these arrangements affects our independence.
Unsecured personal loans usually allow you to borrow between £1,000 and £25,000. This type of loan tends to be on a fixed rate of interest, and will be over a set term – so you’ll know exactly what you’ll have to pay every month.
If you’re thinking of applying for a loan, make sure you think about the following:
Remember that a “Representative APR” is just that – you may pay a different rate of interest depending on your credit rating. Read our guide about APRs for more information.
When you take out a loan, your lender may offer you the option to defer (or not make) payments for a couple of months at the start of the term.
Sounds great doesn’t it? However, while you’re not making payments interest will be mounting up, making both the monthly repayment and the total amount you repay larger.
Some lenders can make an instant payment into your current account, so you have access to your loan straight away. But think about whether you need this speedy access to the money as there’ll often be a fee for having a same day transfer.
Please send me emails with the latest Moneyfacts news, best buy products and specially selected third party offers
Today has been dubbed Blue Monday – the most depressing day of the year – and considering how many p... More
At first glance the personal loans market may seem simple enough, but get into the nitty gritty and ... More
Have you woken up with a financial hangover after the festivities? Perhaps you’ve got big plans for ... More
When used well, credit can be a viable way to help make ends meet and balance the books – but the pr... More
The payday loan market has been under fire a lot in recent years, and as a result, the financial reg... More
Payday loans are a very expensive way to borrow money. Make sure you’ve considered all the alternati... More
Zopa led the way in peer-to-peer (P2P) lending, the internet phenomenon that matches borrowers direc... More
A personal loan or unsecured loan is a way of borrowing up to £25,000 from a bank or building societ... More
Sainsbury’s Bank has decreased the rate on loans of £7,500 to £15,000 to make an already market-lead... More
Hitachi Personal Finance has decreased the APR on its £5,000 to £7,499.99 personal loan tier by an i... More
Ikano Bank has decreased the rate on loans of £7,500 to £15,000 to make it the lowest rate for this ... More
Hitachi Personal Finance has decreased the rate on its £7,500 to £15,000 personal loan tier, making ... More
TSB has reduced the rate on selected personal loan tiers by up to 2.0% APR. This has made loans of b... More
Moneyfacts.co.uk will, like most other websites, place cookies onto your computer’s
hard drive. This includes tracking cookies.