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Top UK Personal Loan Offer
Great Personal Loan Rate from the Post Office
- Rates from 5.3% APR*
- Loans available for 1 to 7 years
- Borrow up to £25,000
- No arrangement fees or hidden charges
- Instant online decision
- Funds transferred within 2 working days
- No penalty for over payments
- Good credit history only
Selected Personal Loan Deals
Representative (£7,500-£24,999)
Representative (£7,500-£15,000)
£1,000 to £25,000
Excellent Credit Only!
Representative (£7,500-£15,000)
£1,000 to £25,000
Excellent Credit Only!
Are you an existing customer of one of the banks below?
If you are an existing customer a number of banks provide preferential deals for personal loans.
Selected Existing Customer Loan Deals
Representative (£7,500-£14,950)
Can I see if I can get a loan without it impacting my credit score?
Yes. A number of lenders will carry out a soft search on you without it affecting your credit score and will provide an online quote. See above for selected lenders.
Can I get a loan without a credit check?
The short answer is no. Whilst a number of personal loan lenders will provide you with a loan quote without impacting your credit score, once you go to full application a lender will carry out a full credit check which will show up on your credit file.
If you have a less than perfect credit record if you can it does make sense to see if you can improve your credit rating before applying for a loan to get the best rate possible for your circumstances. While poor credit could preclude you from If you are concerned about your credit rating and unsure if you will be able to get a loan, a number of loan providers offer bad credit loan deals taking into account your past credit history. To find our more about your credit score you before you apply for a loan use – credit report service
Loan options for people with bad credit
- Payday loans – While you may be able to get a payday loan without a credit check, these can be extremely expensive and should not be your first port of call when shopping around for a loan quote.
- Secured loans – this type of loan is secured against something you own, such as your home or car. While secured loans can offer a borrowing option if you have poor credit or need to borrow a large sum of money, they can put you at risk of losing your home if you fail to make repayments. They should therefore be carefully considered before applying.
- Guarantor loans – with this type of loan, people with poor credit could borrow money with the help of a guarantor. This is usually a friend or family member who has good credit history themselves and is prepared to guarantee the repayments if the borrower defaults. As long as the borrower makes the repayments on time, the guarantor will not have to pay anything. However, becoming a guarantor is a serious financial responsibility so it makes sense to seek independent advice before entering into this kind of loan agreement.
Homeowner Loan Representative Example:
The Representative APRC is 5.9%. Based on an assumed loan amount of £48,000 (including broker fee of £2,505 & product fee of £495) over 240 months at an interest rate of 5% (varaible). Monthly repayment £316.78 & total repayable £76,027.20.