Personal Loan

personal loan?

If you want to borrow money and pay back a fixed amount every month, a personal loan is one option.

What is a personal loan?

A personal loan is a form of flexible unsecured lending. This means you don’t need to put up collateral, for example property assets, to get approved. Whether you’re buying a new car, renovating your home, planning your wedding or looking to consolidate high interest debts, a personal loan with low interest could help you achieve your goals.

How to apply for a personal loan

Simply tell us how much you wish to borrow, the purpose of the loan and the term you prefer. No deposit is required and the loan will be tailored to suit you with fixed payments over an agreed term.

With our in-house specialist underwriters providing quick decisions the funds will be paid by Faster Payments into your bank account within an agreed time.

How do personal loans work?

Personal loans are generally fixed rate and have fixed repayment terms, so unlike a credit card agreement, you’ll pay the same amount every month for a set number of months. For a loan with low interest, a personal loan tends to be a better option because all terms, including the amount borrowed and the repayment period are agreed up front. A personal loan could also be a good option if you’re looking to borrow in a more structured way to help with budgeting.

Applying for a Personal Loan

There’s a lot to consider when it comes to getting a Personal Loan quote. That’s why we’ve tried to make the process as easy as possible for all homeowners.