Northern Rock Loan

Compare Northern Rock Loans

If you are looking for a loan, you may be wondering if a Northern Rock loan can offer you a competitive deal. Following nationalisation Northern Rock loans are no longer available. There are however many lenders who do still offer personal loans. You can use the comparison tables below to look at what some of your different options could be.

ProviderLoan AmountCredit HistoryRates FromTerm 
£1,000 to £25,000Good Credit Only3.2%


(£7,500 - £25,000)

1 year to 7 yearsGet Quotes >
  • No arrangement fees or hidden charges
  • Instant online decision
  • Funds transferred within 2 working days
  • No penalty for overpayments
  • You must be aged between 21 and 70 
  • You must have been a permanent UK resident for 3 years 
  • You must have an annual income of at least £12,000 and have a UK bank or building society account
  • You need to make payments on time or you will be charged a late payment fee. Missing payments could have severe consequences on obtaining future credit
  • Post Office Personal Loans are provided by Bank of Ireland (UK). Post Office Limited is a credit broker and not a lender

Representative Example:  The Representative APR is 3.2%. Based on a loan amount of £10,000 over 60 months at an interest rate of 3.2% p.a. (fixed). Monthly repayment of £180.37. Total amount repayable £10,822.20.

£2,500 to £15,000Good Credit Only3.4%



2 years to 5 yearsGet Quotes >
  • 10 minute online quote, instant decision
  • Money can be with you within 48 hours
  • No arrangement, over payment or early repayment fees
  • Must be aged 21 or over
  • UK Resident with a UK bank account

Representative Example:  The Representative APR is 3.4%, so if you borrow £7,500 over 3 years at a rate of 3.40% p.a. (fixed), you will repay £219.27 for 36 months and £7,893.72 in total.

£1,000 to £20,000Good Credit Only3.44%



1 to 5 YearsGet Quotes >
  • Fixed Interest Loan Rate
  • Instant Online Decision
  • Must be aged 21
  • No CCJs or IVA in the last 6 years
  • Permanently resident in England, Wales, Scotland or Northern Ireland

Representative Example: The Representative APR is 3.4%. Based on an assumed loan amount of £10,000 over 60 months at an interest rate of 3.4% p.a. (fixed). Monthly repayment £181.41 & total repayable £10,884.60.

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


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.

While it is not possible to get a new Northern Rock Loan they did feature:


  • Roll your outstanding credit into one monthly payment
  • Borrow from £1,000 to £25,000
  • Spread your repayments over 1 to 10 years
  • Fixed interest rates


As such you may want to look for a loan from a different lender with similar features. There are many loans are the market, from a diverse range of providers, therefore shopping around beforehand is a really good idea, to try and find the most suitable product for your specific needs. You can use the free comparison tables above to look at loans from different lenders at the same time.


Loan Calculators


There is not currently a Northern Rock loan calculator as they are not currently offering new loans, however if you are thinking of taking out a loan with another lender you may find using a calculator can help you. You normally just need to enter how much you are thinking about borrowing and how much you would like the repayment term to be, the loan will then work out an estimate of how much you would need to repay then lender using their Representative APR. However the actual APR you might be offered if you were to apply for the loan may be different from the one used by the loan calculator. This is because lenders will consider more than just how much you want to borrow and how long for when they actually receive your application, they will take into consideration things like your credit history and current financial circumstances, which will influence the APR they will offer you.


Before you apply for a loan


As well as shopping around to try and find the best deal, before you sign for a loan you may also wish to consider alternative options than credit. For instance if you already have the required sum in your savings it may be better to use these instead, this is because any interest you earn on your savings might be less than any interest you are charged from a loan.


Also consider if you are thinking of taking out a loan to consolidate debt understand that spreading your payments over a longer term could mean you ultimately pay more overall than you would with your existing arrangements, even if the interest rate on the new loan is less than the rates you have at the moment.