Our loan comparison table compares the representaive example of all the loan providers in the UK. We show the representative example as this is the cost for a typical person approved by that loan provider. It's important to note that rates can differ from person to person based on status.
| Loan Provider | Representative APR | Loan Size | Loan Length |
|---|---|---|---|
| 118 118 Money | 99.90% | £1,800 | 24 months |
| 1plus1 Loans | 47.80% | £3,000 | 36 months |
| 1st Stop Personal Loans Ltd | 30.8% | £3,000 | 36 months |
| AA | 8.90% | £4,000 | 36 months |
| Admiral | 9.90% | £10,000 | 60 months |
| AIB | 8.10% | £25,000 | 36 months |
| Amigo | 49.90% | £4,000 | 36 months |
| Argos | 29.90% | £450 | 36 months |
| AvantCredit | 42.50% | £3,000 | 36 months |
| Azure Money | 49.40% | £3,000 | 36 months |
| Bamboo | 69.90% | £1,500 | 24 months |
| Bank of Ireland UK | 3.40% | £15,000 | 60 months |
| Bank of Scotland | 3.90% | £10,000 | 48 months |
| Barclays Bank | 5.50% | £10,000 | 60 months |
| besavvi | 16.90% | £5,000 | 60 months |
| Buddy Loans | 49.90% | £3,250 | 36 months |
| cahoot | 2.80% | £10,000 | 60 months |
| Central Trust | 11.80% | £25,000 | 60 months |
| Choose Wisely | 49.90% | £3,250 | 36 months |
| Clydesdale Bank | 9% | £10,000 | 36 Months |
| Creation Financial Services | 10.90% | £7,500 | 36 Months |
| Danske Bank | 5.50% | £7,000 | 36 Months |
| Everyday Loans | 99.90% | £3,000 | 24 months |
| Evolution Money | 25.44% | £10,000 | 120 Months |
| Fair Finance | 191% | £500 | 10 months |
| First Direct | 3.30% | £7,000 | 60 months |
| free2 | 7.97% | £30,000 | 120 Months |
| Future Finance | 20.40% | £4,000 | 112 months |
| George Banco | 79.90% | £3,500 | 36 months |
| Guarantor My Loan | 48.90% | £4,000 | 36 months |
| Halifax | 19.90% | £1,200 | 12 months |
| Hitachi Personal Finance | 3.50% | £7,500 | 60 months |
| HSBC | 3.30% | £7,000 | 60 months |
| Ikano Bank | 3.70% | £5,000 | 36 months |
| iwoca | 49% | £10,000 | 12 months |
| JN Bank | 19.90% | £3,000 | 36 months |
| John Lewis Financial Services | 2.90% | £10,000 | 36 months |
| JustUs | 11.70% | £10,000 | 60 months |
| Koyo | 27% | £4,000 | 36 months |
| Leap | 6.03% | £10,000 | 36 months |
| Lendable | 28.20% | £7,500 | 36 months |
| LendFair | 29.90% | £3,500 | 48 months |
| Lending Works | 9.90% | £1,000 | 12 months |
| Lifestyle Loans | 49.90% | £3,000 | 36 months |
| Likely Loans | 59.90% | £2,000 | 24 months |
| LiveLend | 21.20% | £5,000 | 42 months |
| Lloyds Bank | 23.70% | £1,200 | 12 months |
| Loans Warehouse | 11.80% | £35,000 | 168 months |
| M&S Bank | 2.90% | £10,000 | 60 months |
| Madiston LendLoanInvest | 11.61% | £3,000 | 36 months |
| MBNA Limited | 2.90% | £10,000 | 48 months |
| Metro Bank | 7.90% | £3,000 | 60 months |
| Monevo | 18.50% | £10,000 | 60 months |
| Monzo Bank | 26.60% | £1,000 | 36 months |
| My Community Bank | 23.90% | £15,000 | 36 months |
| My Community Finance | 23.90% | £5,000 | 48 months |
| Nationwide BS | 2.90% | £10,000 | 60 months |
| NatWest | 3.90% | £10,000 | 60 Months |
| Norton Finance | 15.40% | £12,000 | 48 months |
| On Stride | 313.10% | £550 | 7 months |
| Oplo | 25.20% | £8,580 | 54 months |
| Optimum Credit | 11.80% | £35,000 | 168 months |
| Paragon Bank | 5.30% | £63,540 | 216 months |
| Post Office Money | 8.90% | £4,000 | 36 months |
| Prestige Finance | 7.00% | £18,000 | 120 months |
| Progressive Money | 61.91% | £3,450 | 36 months |
| RAC Personal Loans | 9.90% | £7,500 | 60 months |
| RateSetter | 4.90% | £10,000 | 60 months |
| Royal Bank of Scotland | 3.90% | £10,000 | 60 Months |
| Sainsbury's Bank | 2.80% | £10,000 | 60 Months |
| Salad Money | 69.90% | £1,000 | 18 Months |
| Santander | 3.00% | £10,000 | 60 months |
| Savvy | 341.70% | £1,000 | 12 months |
| Shawbrook Bank | 14.90% | £10,000 | 60 Months |
| Spotcap | 22.80% | £100,000 | 12 months |
| Starling Bank | 7% | £15,000 | 36 months |
| Step One Finance | 14.90% | £3,000 | 60 months |
| SUCO | 48.90% | £2,000 | 48 Months |
| Talk Loans | 49.70% | £4,000 | 36 months |
| Tesco Bank | 3.00% | £7,500 | 60 months |
| TFS Loans | 44.90% | £5,000 | 36 months |
| The Co-operative Bank | 9.90% | £300 | 36 months |
| TrustTwo | 37.90% | £5,000 | 36 months |
| TSB | 2.80% | £7,500 | 60 months |
| UK Credit | 29.90% | £8,000 | 60 months |
| UK Credit Limited | 29.90% | £8,000 | 60 months |
| Ulster Bank | 3.90% | £10,000 | 60 Months |
| United Trust Bank | 7.50% | £11,745 | 180 months |
| Varooma | 209.42% | £1,000 | 12 months |
| Virgin Money | 3.00% | £7,500 | 60 Months |
| Yorkshire Bank | 10.20% | £20,000 | 24 months |
| Zopa | 14.40% | £10,000 | 60 Months |
Debt Consolidation Loans
If you have multiple debts and bad credit, use one of these loans to consolidate them into one debt, with one payment term.
Home Improvement Loans
A home improvement loan is perfect if you’re looking to carry out improvements that will add value to your house, such as a new kitchen, bathroom or extension
Joint Accounts Loans
The positive of a joint account loan is you might, as a couple, be able to borrow more together. The negative is each of you may be asked to repay the debt in full if the other person can’t.
Flexible loans
Sometimes called a flexi loan, a flexible loan allows you to increase or decrease your loan amount as you go along or vary the repayments. Some permit you to miss the occasional payment.
Short Term Loans
These are the best bets if you want to repay in full within a year. Short-term 1 year loans are ideal for funding a purchase or perhaps consolidating a debt.
Bad Credit Loans
Even if you’ve been refused credit in the past owing to a poor credit history, you can get a loan. But because you have a higher risk attached to your application, you’ll be paying more in interest.
Guarantor Loans
If you can’t get a loan for whatever reason, perhaps through having bad credit, then apply for a loan where someone else acts as the guarantor, perhaps a relative. If the loan defaults, they’re liable for the debt.
Long-Term Loans
A long-term loan might be the best option if you want to reduce your monthly costs. The downside, of course, is that it will take you much longer to settle the debt, and over that time you may pay more in interest.
Low-Interest Loans
A low interest loan offers the best interest rates around but you must have a decent credit rating. No lender will risk low rates on just anybody!
Tenant Loans
Tenant loans are liable to have a higher interest rate payable since the applicant won’t have a home to secure against the debt. The best option is to plump for a tenant guarantor loan, whereby someone close to you secures the loan.
Small Loans
The ideal amount for a new car, holiday or perhaps a purchase for the home, compare lenders for borrowing upto £5,000.
Business Loans
Businesses need finance to grow and become a success. Both start-ups new to business and established companies could benefit from an injection of cash to fund expansion, cover short term cash flow issues or to refinance borrowing at a better rate with a business loan.