Barclays Bank Loans

Compare Barclays Loans

If you are thinking about borrowing some money for a new car, home improvements or maybe to consolidate existing debt you may have been wondering if a Barclays bank loan is right for you. You can use the below tables to compare different loans from various lenders to see if you can decide what the best choice for you might be.

ProviderLoan AmountCredit HistoryRates FromTerm 
£1,000 to £35,000Good Credit Only3.3%

APR
Representative

(£7,500-£10,999)

6 months to 5 yearsGet Quotes >
  • Ratesetter is the largest peer to peer lending company in the United Kingdom. Peer to peer lending is becoming an increasingly popular way to borrow money.
  • Debt consolidation allowed
  • No early repayment charge
  • Fast loan - Money in your bank in 1 working day
  • Good credit history required
  • Must be aged 21 and resident in the UK for 3 years
  • You hold a UK bank or building society account
  • Regular source of income

Representative Example: The Representative APR is 3.3%, so if you borrow £7,500 over 3 years at a rate of 3.23% p.a. (fixed) plus an arrangement fee of £7.70, you will repay £218.94 for 36 months and £7,881.84 in total.

£1,000 to £25,000Good Credit Only3.3%

APR
Representative

(£7,500-£15,000)

1 year to 5 yearsGet Quotes >
  • Quote takes 3 minutes (Won't affect your credit score)
  • Money can be with you within 3 working days
  • Voted most trusted loan provider (Moneywise customer service awards 2010 - 2015)
  • Must be aged 18
  • UK Resident with a UK bank account

Representative Example: The Representative APR is 3.3%, so if you borrow £7,500 over 3 years at a rate of 3.03% p.a. (fixed) plus an arrangement fee of £30, you will repay £218.94 for 36 months and £7,881.84 in total. 

£7,000 to £15,000Good Credit Only3.3%

APR
Representative

(£7,000-£15,000)

1 year to 8 yearsGet Quotes >
  • 3.30% APR for personal loans between £7,000 and £15,000
  • Fixed repayment terms
  • Get a personalised quote online without affecting your credit score
  • Must be aged 18
  • UK Resident with a UK bank account
  • Minimum Income or pension before tax of £10,000

Representative Example: The Representative APR is 3.3%. Based on an assumed loan amount of £8,000 over 60 months at a interest rate of 3.3% pa (fixed), you will repay £144.64 per month. Total amount you repay £8,678.64.

£1,000 to £25,000All Credit Histories Considered14.9%

APR
Representative

1 to 5 YearsGet Quotes >

Representative example: The Representative APR is 14.9% (variable).The Representative APR is If you borrow £90,000 over 4 years at a representative 14.9% APR and an annual interest rate of 14.9% (fixed) you would pay £245.80 per month. Total charge for credit will be £2,798.51. Total amount repayable is £11,789.51.

£1,000 to £20,000All Credit Histories Considered42.5%

APR
Representative

1 to 4 YearsGet Quotes >
  • Rebuild Your Credit
  • Interest rates start from 9.3% APR
  • Fast,online application - optimised for all desktop / mobile / tablet devices
  • Instant Online Decision using 'soft' credit searches (Won't affect your credit score)
  • Funds as soon as same day
  • No hidden fees or early repayment charges
  • Must be aged 18
  • Must be UK resident
  • Administration fee applies, not payable upfront but instead included in monthly repayments
  • Applicants must have a net monthly income of at least £1,000, be in full time or part time employment, and have no CCJ's

Representative Example: The Representative APR is 42.5% (fixed). If you borrow £3,000 over 3 years at a rate of 31.9% p.a (fixed) plus an arrangement fee of £157.90, you will repay £137.31 per month & £4,943.24 in total.

£1,000 to £20,000All Credit Histories Considered99.90%

APR
Representative

1 to 2 YearsGet Quotes >
  • Interest Rates from 35.9% - 99.9%, depending on the information you provide in your application
  • Fixed monthly repayments
  • Instant Online Decision
  • Must be aged 18
  • Must be UK resident

Representative Example: The Representative APR is 99.9% (fixed) - Based on an assumed loan amount of £1,500 over 24 months at an interest rate of 71.3% p.a. (fixed) you would pay £118.88 a month and £2,853.12 in total.

Barclays Bank Loan Features

  • Borrow between £1,000 and £50,000  
  • Borrow over a term of 24 to 60 months
  • Borrow at the same rates regardless of whether you’re planning on using the loan for a car, home improvements, or something else entirely
  • Manage your budget easily with fixed monthly loan repayments
  • Get an instant online indication of the loan limit you might be offered, without affecting your credit rating, using Barclays Online Banking
  • Rated 5 stars by Defaqto 2014

 

In order to be eligible to apply for Barclays bank personal loan, you must:

  • Have held a Barclays current account for at least seven months
  • Have paid at least £1,000 into the account each month
  • Have a good credit history
  • Not be intending to use the money for investment, property purchase or a number of other reasons as set down in their terms and conditions

 

Although the maximum amount Barclays offer with a personal loan is £50,000 that does not mean everyone can borrow that amount, the maximum amount each person can borrow will be dependent on their credit score and financial circumstances.

 

Barclays Bank Loan calculator

Barclays bank offer a loan calculator tool that can give you an idea of what your personal loan repayments might be. You just need to enter how much you wish to borrow and how long you want the repayment period to be. However the Barclays loan calculator can only give you a rough idea, if you do apply for a Barclays loan they may tailor the annual percentage rate they are willing to offer you based on an assessment of your credit score and other financial information.

 

Things to consider

Loans, like most financial products vary hugely between the different plans and lenders. The best option for you is not necessarily the best option for everyone. Therefore doing your research and shopping around beforehand is a good idea, to try and find the best option for you. Barclays bank is after all just one lender of many. Check the above comparison tables to get an idea of some of the options available to you.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.