British Gas Loan

Compare Latest loans

If you’re looking for a loan big or small, you probably want to get the best deal you can. Although British Gas loans are not currently available, there are many lenders who can provide a variety of loans for different circumstances, check the comparison tables below to have a look at what some of your possibilities could 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.

British gas loans are not available at the moment, but there are many lenders offering personal loans along with other kinds, the loan market is extremely competitive, so it is always worth shopping around to find the best deal for your circumstances. Use our loan calculator or the links above to compare loan deals and get the best loan for you.

 

Loan Calculators

 

If you are looking for a personal loan you may have thought about using a loan calculator, after all one of your key priorities is probably finding out how much a loan would cost you. If you have one particular lender in mind they may have a specific bank loan calculator you can use to get an estimate. Most loan calculators just require you to enter how much you wish to borrow as well as how long you want the repayment period to be. They will then give you a rough idea of how much the loan would cost you in total as well as what the instalments would be.

 

But you may find that if you apply for a loan and are accepted by the lender, they might give you a different APR than what the calculator used, changing how much the loan will cost you, this is because when calculating your APR banks will take into consideration an assessment of your credit score, and financial circumstances to decide the exact annual percentage rate they would be able to offer you.

 

Types of loan

 

  • Personal Loans – Also known as unsecured loans are a type of loan that typically allows you to borrow up to £25,000 over a variable time period. Generally speaking the larger amount you wish to borrow the lower the rate of interest, however this does not mean you should take out a larger loan you cannot afford to service or repay. This type of loan does not require you to put up your home or other asset as security on it.

 

  • Homeowner loans – This type of loan is a ‘secured’ loan which means lenders require you put up an asset (such as your home or other property) as security on it. Because of this additional level off assurance banks are usually willing to lend more, generally up to £250,000. They also tend to permit longer repayment periods and may have a better APR. However if you fail to keep up with payments or home could be repossessed. The actual amount you can borrow is dependent on the value of your home, or the value of the equity you own if you have a mortgage, it will also be affected by an assessment of your financial information.  

Before you apply 

You should carefully consider all of the available options before you take out a loan to try and get the best deal. it is also wise to look into alternative options to borrowing such as using savings.


Review of British Gas


History: The British Gas Corporation was was created in 1972 as the rapidly growing gas industry was centralised. In 1986 the company was privatised becoming British Gas Plc. Since then British Gas has demerged and offers a wide range of products including home security, telecommunications, plumbing and kitchen appliance cover.


Disclaimer: Every effort is made to keep the site accurate, however we cannot guarantee that a Personal Loan issuer has not increased or decreased one or more of the APRs or fees/charges associated with a loan deal or changed its features, obligations or benefits. Please be sure to read the British Gas Loan agreement fully and carefully before making any agreement.

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.