Compare Zopa Personal Loans With UK Market

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Top UK Personal Loan Offer

Great Personal Loan Rate from the Post Office

  • Rates from 3.0% 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
Post Office Personal Loan
Rates From
3.0% APR
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
3.9% 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 £7,500 over 5 years at a Representative APR of 3.90% APR (fixed) paying £137.56 per month will result in a total sum of £8,253.60 over the loan term.
Loan Type
Royal Bank of Scotland Personal Loan
APR/APRC
3.9% 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 £7,500 over 5 years at a Representative APR of 3.90% APR (fixed) paying £137.56 per month will result in a total sum of £8,253.60 over the loan term.

Zopa Loan

  • You pay a small fee
  • Depending on your credit rating lenders will offer you rates
  • You set up a monthly repayments scheme

Borrowing money through Zopa loans is similar to borrowing from a bank so it cuts out the middle man.

Zopa Loan features:

  • Loans available over 1, 2, 3, 4 or 5 years
  • Borrow between £1,000 and £25,000
  • Decisions within 48 hours during week days

To be eligible for a Zopa loan you must:

  • Be aged 20 years or older
  • Have a good credit history
  • Be a current UK resident, with 3 years of address history
  • Have an income of at least £12,000 a year, could be a salary or pension.

Zopa Loan Calculator

If you are interested in a Zopa loan, you can use the calculator on their website to get an indication of how much it might cost you both in total repayment and what it breaks down as in monthly instalments. You just need to enter into the Zopa loan calculator how much you want to borrow and how long you want the repayment term to be and the Zopa loan calculator will generate an estimate for you using the lender’s Representative APR for a loan of that size. Remember however if you decide to apply for a Zopa loan, the APR you are offered and repayment fee may be differ, this is because lenders may tailor the APR they are willing to offer you once they have assessed your individual circumstances.

Before you apply for a loan

Taking out a loan can be a big commitment, before you apply for one then it’s a good idea to shop around and do your research to try and find the best choice for you. Loans can vary between lenders, you may want to consider what loan features are important to you.

You may also want to consider alternatives to borrowing. If you already have the required sums in your savings it may be beneficial to use these instead. This is because the interest you gain from your savings may be less than the interest you would be charged on a loan of the same size.

Loan Options

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.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE