Compare Loans

  • Compare interest rates, loan amounts and term lengths to find the cheapest loan for you.
  • Use our drop down box below to compare the various loan types available.
  • Read our handy guide to find out the basics about loans or the difference between loan types.

You are currently comparing ...

  • Ikano Bank

  • Loan Type
    Unsecured
  • Representative APR
    3.0% APR
    (£7,500 to £15,000)
  • Available Amounts
    £1,000 to £15,000
  • Min/Max Terms
    1 to 5 years
  • Visit Website+ More Information
  • Lender Details

    Application Criteria

    • Swedish bank
    • Subject to limited regulation by the Financial Conduct Authority (FCA)
    • Instant personalised quote and apply in less than 10 minutes
    • Must be 18 or over
    • Must be a UK resident
    • Must have a minimum income of £10,000 a year
    • Must have a good credit history
    • Must have a UK bank account in your name which accepts Direct Debits
    Visit Website
  • Representative Example: Loan amount; £10,000, Term; 48 months, Monthly repayments; £221.17, Total amount repayable; £10,616.16, Cost of credit; £616.16, Interest rate (fixed); 3.0%, Representative 3.0% APR.
  • TSB

  • Loan Type
    Unsecured
  • Representative APR
    3.2% APR
    (£7,500 to £25,000)
  • Available Amounts
    £7,500 to £14,999
  • Min/Max Terms
    1 to 7 years
  • Visit Website+ More Information
  • Lender Details

    Application Criteria

    • 3.2% APR only available on terms of 1 to 5 years
    • A personalised quotation without a credit footprint
    • Fast, secure and easy application
    • Flexible repayment options
    • Must be over 18
    • Must be a resident of the UK with no history of adverse credit
    • Must be a permanent paid employee, self-employed or retired with a pension
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  • Representative Example: If you borrow £7,500 for 60 months with monthly repayments of £137.71. The total amount payable will be £8,262.60 which is 3.88% interest per annum (fixed). The representative APR will be 3.2%.
  • Zopa

  • Loan Type
    Unsecured
  • Representative APR
    3.3% APR
    (£7,500 to £15,000)
  • Available Amounts
    £1,000 to £25,000
  • Min/Max Terms
    1 to 5 years
  • Visit Website+ More Information
  • Lender Details

    Application Criteria

    • Zopa is a peer-to-peer lender
    • No early repayment fees (flexibility to repay loan early or make extra payments)
    • Voted most trusted loan provider (Moneywise Customer Service Awards 2010 to 2014)
    • Must be at least 20 years old
    • Must be a current UK resident with 3 years of address history in the UK
    • Must have credit history and a good track record of repaying debt
    • Minimum income of £12,000 per year (this could be a salary or pension)
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  • Representative Example: loan of £10,000 over 5 years will cost you £180.80 per month at a representative 3.3% APR. The total cost after 5 years is £10,848.30, which includes £788.30 interest at 3.0% fixed and a £60.00 fee. The total amount of credit is £10,060.
  • RateSetter

  • Loan Type
    Unsecured
  • Representative APR
    3.3% APR
    (£7,000 to £15,000)
  • Available Amounts
    £1,000 to £25,000
  • Min/Max Terms
    1 to 5 years
  • Visit Website+ More Information
  • Lender Details

    Application Criteria

    • 3.3% APR only available on terms up to 4 years for borrowers with an excellent credit rating
    • Peer-to-peer lender
    • Authorised and regulated by the Financial Conduct Authority (FCA)
    • Must be over 21
    • Must hold a UK bank or building society account
    • Must have been a UK resident for a minimum of 3 years
    • Must have a regular source of income
    • Must have a good credit history
    Visit Website
  • Representative Example: If you borrow £10,000 over 4 years at a Representative APR of 3.3% fixed, arrangement fees of £66.00 and an annual interest rate of 3.0% you would pay £ 212.04 per month. Total amount repayable is £10,686.24
    Maximum APR: 19.9%
  • Tesco Bank Loan for Clubcard Customers

  • Loan Type
    Unsecured
  • Representative APR
    3.3% APR
    (£7,500 to £15,000)
  • Available Amounts
    £1,000 to £35,000
  • Min/Max Terms
    1 to 10 years
  • Visit Website+ More Information
  • Lender Details

    Application Criteria

    • 3.3% APR rate is for loan terms less than 8 years
    • Loan rate for Clubcard customers only
    • No arrangement fees
    • Full online application and decision
    • You can make overpayments without extra charge
    • An early repayment charge will apply if the loan is paid off in full
    • You must be aged between 18 and 74 throughout the term of the loan
    • You must have been a permanent UK resident for three years and have a UK personal current account
    • You must have a minimum annual income of £10,000
    • You must have a good credit rating
    • You must be a Clubcard customer and enter your Clubcard number when you apply
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  • Representative Example: If you borrow £10,000 over 5 years at a Representative rate of 3.3% APR and an annual interest rate of 3.3000% fixed you would pay £180.80 per month. Total charge for credit will be £848.00. The total amount repayable is 10,848.00.
  • M&S Bank

  • Loan Type
    Unsecured
  • Representative APR
    3.3% APR
    (£7,500 to £15,000)
  • Available Amounts
    £1,000 to £25,000
  • Min/Max Terms
    1 to 7 years
  • Visit Website+ More Information
  • Lender Details

    Application Criteria

    • Affordable monthly repayments - fixed for the life of the loan
    • Repayment holiday - option to defer repayments for the first 3 months
    • No hidden costs - no arrangement or set-up fees
    • Must be over 18
    • Must be a UK resident
    • Must have an annual income of at least £10,000
    Visit Website
  • Representative Example: The Representative APR is 3.3% APR (fixed) so if you borrow £7,500 over 3 years at a rate of 3.3% p.a (fixed) you will repay £218.93 per month & £7,881.48 in total.
  • HSBC

  • Loan Type
    Unsecured
  • Representative APR
    3.3% APR
    (£7,000 to £15,000)
  • Available Amounts
    £1,000 to £25,000
  • Min/Max Terms
    1 to 8 years
  • Visit Website+ More Information
  • Lender Details

    Application Criteria

    • Must have a bank or building society account with a Direct Debit facility
    • Must have an annual income/pension before tax of £10,000 or more
    • Personal loans quote tool
    • Must be a resident of the UK
    • Must be over 18
    • Credit subject to status
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  • Representative Example: The Representative APR is 3.3% APR (fixed) so if you borrow £7,500 over 1 years at a rate of 3.3% p.a (fixed) you will repay £636.39 per month & £7,632.73 in total.
  • Tesco Loans for Non-Clubcard Customers

  • Loan Type
    Unsecured
  • Representative APR
    3.5% APR
    (£7,500 to £15,000)
  • Available Amounts
    £1,000 to £35,000
  • Min/Max Terms
    1 to 10 years
  • Visit Website+ More Information
  • Lender Details

    Application Criteria

    • 3.5% APR rate is for loan terms less than 8 years
    • No arrangement fees
    • Full online application and decision
    • You can make overpayments without extra charge
    • An early repayment charge will apply if the loan is paid off in full
    • You must be aged between 18 and 74 throughout the term of the loan
    • You must have been a permanent UK resident for three years and have a UK personal current account
    • You must have a minimum annual income of £10,000
    • You must have a good credit rating
    Visit Website
  • Representative Example: If you borrow £10,000 over 5 years at a Representative rate of 3.5% APR and an annual interest rate of 3.4451% fixed you would pay £181.67 per month. Total charge for credit will be £900.20. The total amount repayable is £10,900.20.
  • Santander

  • Loan Type
    Unsecured
  • Representative APR
    3.6% APR
    (£7,500 to £20,000)
  • Available Amounts
    £1,000 to £20,000
  • Min/Max Terms
    1 to 5 years
  • Visit Website+ More Information
  • Lender Details

    Application Criteria

    • Flexible terms
    • One fixed monthly repayment
    • Quick decision
    • Must be aged 21 or over
    • Must be a permanent UK resident
    • Must have a regular income of at least £6,000 per annum
    • Must have been not declared bankrupt, had a CCJ or an IVA within the last 6 years
    Visit Website
  • Representative Example: If you borrow £10,000 for 60 months, you will repay a monthly amount of £182.28 which works out as a total repayment of £10,936.80. Rate of interest per annum (fixed) is 3.6%. Representative APR is 3.6%.
  • Clydesdale Bank

  • Loan Type
    Unsecured
  • Representative APR
    3.7% APR
    (£7,500 to £25,000)
  • Available Amounts
    £1,000 to £25,000
  • Min/Max Terms
    1 to 7 years
  • Visit Website+ More Information
  • Lender Details

    Application Criteria

    • Terms of over 5 years are only available online on loans of over £15,000
    • Must be over 18 if you are an existing Clydesdale Bank customer
    • Must be aged 23-74 with an annual income of £15,000 if you are a new customer
    Visit Website
  • Representative Example: On an assumed loan amount of £7,500 over 60 months. The rate of interest is 3.7% per annum (fixed). Total amount payable is £13,690.44 which is 59 monthly repayments of £136.91 and a final payment of £136.58. Representative 3.7% APR.
  • Yorkshire Bank

  • Loan Type
    Unsecured
  • Representative APR
    3.7% APR
    (£7,500 to £25,000)
  • Available Amounts
    £1,000 to £25,000
  • Min/Max Terms
    1 to 7 years
  • Visit Website+ More Information
  • Lender Details

    Application Criteria

    • Terms of over 5 years are only available online on loans of over £15,000
    • Must be over 18 if you are an existing Yorkshire Bank customer
    • Must be aged 23-74 with an annual income of £15,000 if you are a new customer
    Visit Website
  • Representative Example: On an assumed loan amount of £7,500 over 60 months. The rate of interest is 3.7% per annum (fixed). Total amount payable is £13,690.44 which is 59 monthly repayments of £136.91 and a final payment of £136.58. Representative 3.7% APR.
  • NatWest

  • Loan Type
    Unsecured
  • Representative APR
    3.9% APR
    (£7,500 to £25,000)
  • Available Amounts
    £1,000 to £25,000
  • Min/Max Terms
    1 to 7 years
  • Visit Website+ More Information
  • Lender Details

    Application Criteria

    • Product fees may apply
    • Must be over 18
    • Must be an existing NatWest current account holder
    • Must earn a regular income
    Visit Website
  • Representative Example: Borrowing £7,500.00 over 5 years at Representative 3.9% APR and Interest rate 3.90% p.a. (Fixed) will cost £137.55 per month, with a total amount payable of £8,253.00
  • Royal Bank of Scotland

  • Loan Type
    Unsecured
  • Representative APR
    3.9% APR
    (£7,500 to £25,000)
  • Available Amounts
    £1,000 to £25,000
  • Min/Max Terms
    1 to 7 years
  • Visit Website+ More Information
  • Lender Details

    Application Criteria

    • Product fees may apply
    • Must be over 18
    • Must be an existing Royal Bank of Scotland current account holder
    • Must earn a regular income
    Visit Website
  • Representative Example: Borrowing £7,500.00 over 5 years at Representative 3.9% APR and Interest rate 3.90% p.a. (Fixed) will cost £137.55 per month, with a total amount payable of £8,253.00
  • Nationwide

  • Loan Type
    Unsecured
  • Representative APR
    4.6% APR
    (£7,500 to £14,999)
  • Available Amounts
    £1,000 to £25,000
  • Min/Max Terms
    1 to 7 years
  • Visit Website+ More Information
  • Lender Details

    Application Criteria

    • Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority
    • Must be aged 18 to 79
    • Must have the full right to live and work in the UK and will be a UK resident for the full length of the loan
    • Must have a minimum combined income of £700 per month (from earnings and/or a pension)
    • If self-employed, must be a homeowner and be able to supply 1 year's audited accounts
    • Must have a good credit history
    Visit Website
  • Representative Example: 4.6% APR Representative (fixed). Based on an assumed loan amount of £10,000 over 60 months at an interest rate of 4.6% p.a. (fixed). Monthly repayment £186.46. Total amount payable £11,187.60.
  • Moneyway

  • Loan Type
    Unsecured
  • Representative APR
    14.9% APR
    (£7,500 to £10,000)
  • Available Amounts
    £1,000 to £15,000
  • Min/Max Terms
    1 to 5 years
  • Visit Website+ More Information
  • Lender Details

    Application Criteria

    • Moneyway is a trading name of Secure Trust Bank PLC
    • Authorised and regulated by the Financial Conduct Authority (FCA)
    • Must be 21 or over
    • Must have a regular annual income of £10,000
    • Must be a UK resident
    • Credit Score must be over 350
    Visit Website
  • Representative Example: You could borrow £7,500 over 36 months with 36 monthly repayments of £256.22. The total amount repayable will be £9,223.92 at 14.9% APR representative, and an annual interest rate (fixed) 13.97%.
    Maximum APR: 45.9%
  • Broker
  • Best Match Financial

  • Loan Type
    Unsecured
  • Representative APR
    14.9% APR
  • Available Amounts
    £1,000 to £25,000
  • Min/Max Terms
    1 to 5 years
  • Visit Website+ More Information
  • Lender Details

    Application Criteria

    • Online decision
    • No upfront fees
    • No obligation query
    • Must be aged 21 or over
    • Homeowners only
    • UK residents only
    • Must have a minimum income of £18,000 per annum
    Visit Website
  • Representative Example: £7,500 over 3 years, representative 14.9% APR, Monthly payment £256.22, Total Charge for Credit £1,723.92, Total repayable £9,223.92, Annual Interest Rate 13.97%.
    Maximum APR: 39.9%
  • Broker
  • Norton Finance

    Only available to homeowners
  • Loan Type
    Unsecured
  • Representative APR
    16.9% APR
  • Available Amounts
    £2,000 to £250,000
  • Min/Max Terms
    1 to 25 years
  • Visit Website+ More Information
  • Lender Details

    Application Criteria

    • Simple secure application process
    • Fast lending decision
    • A wide range of products available
    • Must be aged 18 to 80
    • Must be a homeowner
    • Must have a minimum income of £7,500 per year from employment, pension or benefits
    Visit Website
  • Representative Example: If you borrow £12,000 over 4 years at an interest rate of 16.9% APR (fixed) you would pay £338.36 per month. The total charge for credit would be £4,241.28. The total amount repayable would be £16,241.28.
    Maximum APR: 249.9%
  • Broker
  • Citrus Loans

  • Loan Type
    Unsecured
  • Representative APR
    22.5% APR
  • Available Amounts
    £1,500 to £25,000
  • Min/Max Terms
    12 months to 10 years
  • Visit Website+ More Information
  • Lender Details

    Application Criteria

    • Loan brokering service
    • No fees
    • Quick decisions
    • Must be aged 18 to 65 years
    • Must be a UK resident
    • Must be full time employed
    • Must be earning over £1200
    Visit Website
  • Representative Example: If you borrow £10,000 over 3 years at a Representative APR of 22.5% and an annual interest rate of 20.5% (fixed) you would pay £374.02 per month. Total interest payable will be £3,464.72. Total amount repayable is £13,464.72.
    Maximum APR: 299%
  • 1st Stop Personal Loans

    Only available to homeowners
  • Loan Type
    Unsecured
  • Representative APR
    28.1% APR
  • Available Amounts
    £2,000 to £15,000
  • Min/Max Terms
    2 to 6 years
  • Visit Website+ More Information
  • Lender Details

    Application Criteria

    • Simple online application and decision
    • Poor credit history considered
    • Minimum income £15,000
    • Available to Homeowners only
    • Must be over 21 years of age
    • In employment for minimum of 6 months
    • Registered on the voters roll
    Visit Website
  • Representative Example: If you borrow £5,000 for 48 months term you will repay £165.73 per month. 12% (fixed) Interest Rate P.A, £375 Arrangement Fee. Total Interest Repayable £2955.04. Total Amount Repayable £7955.04. 28.1% representative APR. Maximum APR: 72%
  • Broker
  • Opal Loans

    Only available to homeowners
  • Loan Type
    Unsecured
  • Representative APR
    29.9% APR
    (variable)
  • Available Amounts
    £500 to £250,000
  • Min/Max Terms
    3 months to 10 years
  • Visit Website+ More Information
  • Lender Details

    Application Criteria

    • Loan brokering service
    • Quick decision
    • Must be 25 years or older
    • Must be employed to be considered
    • Earn a gross annual income greater than £15,000
    • Must be a UK homeowner.
    Visit Website
  • Representative Example: The Representative APR is 29.9% APR (fixed) so if you borrow £10,000 over 5 years at a rate of 29.9% p.a (fixed) you will repay £302.05 per month. Total interest payable will be £8,123. Total amount repayable is £18,123.
    Maximum APR: 299%
Our comparison service features a selection of providers from whom we receive commission. This table is initially ordered by initial rate. You can use the options above the table to order it according to various criteria.

Loans FAQ

Loans allow you to obtain finance for a variety of reasons by offering you a lump sum of money that you pay back over a pre-agreed term, with additional interest.

If you're over the age of 18, are a resident of the UK, and you aren't bankrupt, then you could be eligible to take out a loan. The type of loan that you apply for will depend on your circumstances, and your reasons for borrowing, while the terms you are offered may depend on your credit record.

Below are some of the most frequently asked basic questions about loans. Just click on the question headings to see the answer.

What different types of loans are there?

There are many different loans available on the market today, each tailored to fit a particular set of circumstances.

Some of the loans you might choose from include:

- Unsecured loans
- Secured loans
- Business loans
- Guarantor loans
- Bad credit loans

How do I apply for a loan?

Applying for a loan today is quite simple. Simply speak to the company you would like to take the loan out with, and they will provide you with the correct paperwork. Eligibility checkers online will give you an indication of your chances for success with any application.

What are the Pros and Cons of Loans?

For a lot of people, at some point during their lives, a situation will arise in which loans become an essential part of paying for something crucial - like student education or a new car.

Loans are a very useful way to help you take the next step in your life financially - however, they can represent significant problems for your future if you take out a loan that you cannot afford to repay. Just make sure you never borrow more than you can afford to pay back.

What has an Impact on Interest Rates?

Interest rates on all kinds of loans can vary across the market, but usually - the more you borrow, the lower the rate is. Some other circumstances that could impact your interest rate include:

- The term you request for the loan
- The value of unsecured and secured debt you already have
- Your credit information and previous credit activity (over the last six years)
- Your monthly income (and ability to repay the loan)
- Whether you have an existing account with the bank, building society, or union offering the loan

What is A Credit Check?

Once you've chosen the kind of loan that you need, your lender will perform a credit check to assess how likely it is that you will be able to repay the money you borrow.

Credit checks involve finding out information about your financial history, such as whether you're prone to late payments, whether you've missed payments in the past, or whether any County Court Judgements have been made against you.

Your credit check could impact the amount you're allowed to borrow, and the terms of your loan (e.g. the interest rate could rise or fall).

What Does APR Mean?

When you're searching for a good loan deal, you'll need to consider APR - a term which stands for \'annual percentage rate\'. This figure shows you the rate of interest that you'll need to pay across a year, taking into account fees such as admin and charges.

How Do I Find the Cheapest Loans?

The cheapest loans are often reserved for those with the highest credit scores. However, you can improve your chances of a better deal by shopping around to see which providers are offering the best terms and lowest APR.