Compare Smile Loans With UK Market

Top UK Personal Loan Offer

Great Personal Loan Rate from the Post Office

  • Rates from 2.9% 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
Post Office Personal Loan » *Representative for loans between £15,000 and £25,000

Selected Personal Loan Deals

Loan Type
cahoot personal loan
APR/APRC
2.8% APR
Representative (£7,500-£20,000)
Loan Term
1 to 5 Years
Borrow

£1,000 to £20,000
Excellent Credit Only!

Representative Example:The Representative APR is 2.8%. Based on an assumed loan amount of £10,000 over 60 months at an interest rate of 2.8% p.a. (fixed). Monthly repayment £178.64 & total repayable £10,718.40.
Loan Type
Santander Personal Loan
APR/APRC
3.0% APR
Representative (£7,500-£15,000)
Loan Term
1 to 5 Years
Borrow

£1,000 to £20,000
Excellent Credit Only!

Representative Example: The Representative APR is 3.0%. Based on an assumed loan amount of £10,000 over 60 months at an interest rate of 3.0% p.a. (fixed). Monthly repayment £179.51 & total repayable £10,770.60.
Loan Type
Post Office Personal Loan
Rates From
2.9% APR
(£15,000 to ££25,000)
Loan Term
1 to 7 Years
Borrow

£1,000 to £25,000
Excellent Credit History Only!

The Representative APR is 8.3%

Representative Example: Based on a loan amount of £4,000 over 36 months at an interest rate of 8.3% p.a. (fixed). Monthly repayment £125.34. Total amount repayable £4,512.24

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

Loan Type
NatWest Personal Loan
APR/APRC
3.4% APR
Representative (£7,500-£19,950)
Loan Term
2 to 8 Years
Borrow
£1,000 to £50,000

Specific Eligibility Criteria Applies

To apply, you must be 18+ and a UK resident with a NatWest current account (held for 3+ months)

Representative Example: Borrow £10,000 over 5 years at a Representative APR of 3.40% APR (fixed) paying £181.25 per month will result in a total sum of £10,875.00 over the loan term.
Loan Type
Royal Bank of Scotland Personal Loan
APR/APRC
3.4% APR
Representative (£7,500-£19,950)
Loan Term
2 to 8 Years
Borrow
£1,000 to £50,000

Specific Eligibility Criteria Applies

To apply, you must be 18+ and a UK resident with a Royal Bank of Scotland current account (held for 3+ months)

Representative Example: Borrow £10,000 over 5 years at a Representative APR of 3.40% APR (fixed) paying £181.25 per month will result in a total sum of £10,875.00 over the loan term.

Smile loan

Features:

  • Borrow from £2,000 to £25,000
  • Choose your repayment term from between 1 and 7 years
  • Fixed rate of interest
  • No arrangement fees

Loan Calculator

If you think a Smile loan could be the right product for you, you can use the Smile loan calculator to get an indication of how much it would ultimately cost you in repayments. You just need to use the two sliders on the tool to enter how much you would like to borrow and how long you want the repayment term to be. The Smile loan calculator will then give you an indication of what the loan might cost you, using the lender’s Representative Annual Percentage Rate for a loan of that size. Remember however if you apply for a loan with smile they may offer you a different APR than their representative one once they have carried out an assessment of your credit history and financial circumstances, if they do the amount you are expected to repay will be different from the calculator.

Before you apply

Loans like most financial products can vary greatly; therefore taking your time beforehand to shop around to get the best deal for you is a good idea. Different loans have different features so it’s important to think about what is most important to you.

As well as shopping around you might want to think about possible alternatives to credit. For example if you already have the required funds in your savings it may be better to use these instead. This is because any interest you earn on your savings may be less than the interest you would be charged on a loan of the same size.

If you are a homeowner and wish to borrow a larger amount than £25,000 a homeowner loan might be an option. Because this type of loan requires you to put your home down as security on it lenders are willing to lend more, usually up to £250,000. The exact amount you can borrow is dependent on the value of your home, or how much equity you have, if you have a mortgage as well as other factors such as how much you earn and if you currently have any other debts or financial commitments.

Loan Options

*If a lender has pre-approved for a loan product this means they have conducted a soft search of your credit file and there is a good chance they will lend to you. Pre-approval does not guarantee you a loan. All loans are subject to lender and provider requirements and approval.