Compare Unsecured Loans

  • Unsecured loans can be used to borrow up to £50,000 over a number of years
  • Compare interest rates, loan amounts and term lengths
  • Click 'more information' for details on eligibility criteria to see whether each loan suits your individual needs
Citrus Loans Prime
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Citrus Loans Prime

  • Must have excellent credit rating
  • Rates from 5.9% APR
  • Citrus Loans, credit broker not a lender
  • Get a personalised quote based on your circumstances
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Representative Example: Annual Interest Rate (fixed) is 9.9% p.a. with a Representative 9.9% APR, based on borrowing £15000 and repaying this over 36 monthly payments. Monthly repayment is £480.34 with a total amount repayable of £17292.24 which includes the total interest payable of £2292.24. Maximum APR: 49.9%.
  • M&S Bank logo

    M&S Bank

    • Representative APR
      2.9% APR (£7,500 to £15,000)
    • Available Amounts
      £1,000 to £25,000
    • Min / Max Terms
      1 to 7 years

    Eligibility Criteria

    • Must be over 18
    • Must be a UK resident
    • Must have an annual income of at least £10,000
  • Tesco Bank logo

    Tesco Bank

    • Representative APR
      2.9% APR (£7,500 to £15,000)
    • Available Amounts
      £1,000 to £35,000
    • Min / Max Terms
      1 to 10 years

    Eligibility Criteria

    • 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
    • Rate shown is only available on terms of 1 to 5 years
  • Nationwide  logo

    Nationwide

    • Existing Nationwide members only
    • Representative APR
      2.9% APR (£7,500 to £25,000)
    • Available Amounts
      £1,000 to £25,000
    • Min / Max Terms
      1 to 5 years

    Eligibility Criteria

    • Must hold a mortgage, savings or main current account with Nationwide
    • 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
  • AA Loans logo
    Broker

    AA Loans

    • Representative APR
      3.1% APR (£15,001 to £25,000)
    • Available Amounts
      £1,000 to £25,000
    • Min / Max Terms
      1 to 7 years

    Eligibility Criteria

    • Must have been a UK resident for at least 3 years
    • Must be over 21 and no older than 70 when the loan term ends
    • Must have a regular income above £12,000 a year. If self-employed, you must have been so for over 2 years
    • Must have a good credit rating without a history of CCJs or bankruptcy
    • Must have a UK based bank or building society account that can pay direct debits
    • Must ensure that you can meet the repayments as missed payments incur a charge and could have severe consequences on your ability to obtain future credit
  • Post Office Money logo
    Broker

    Post Office Money

    • Representative APR
      3.1% APR (£15,001 - £25,000)
    • Available Amounts
      £1,000 to £25,000
    • Min / Max Terms
      1 to 7 years

    Eligibility Criteria

    • Must have been a UK resident for at least 3 years
    • Must be over 21 and no older than 70 when the loan term ends
    • Must be employed with a salary of £12,000 or over. If self employed you must have been so for over 2 years
    • Must have a good credit rating without a history of County Court Judgments or bankruptcy
    • Must have a UK based bank account or building society account that can pay direct debits
    • Must be able to afford the monthly repayments as missed payments could have severe consequences on obtaining future credit
  • first direct logo

    first direct

    • Existing first direct current account holders only
    • Representative APR
      3.3% APR (£7,000 to £30,000)
    • Available Amounts
      £1,000 to £50,000
    • Min / Max Terms
      1 to 7 years

    Eligibility Criteria

    • Exclusively available to first direct current account holders
    • Must be 18 or over
    • Credit is subject to status
  • NatWest logo

    NatWest

    • Existing NatWest customers only
    • Representative APR
      3.4% APR (£7,500 to £19,950)
    • Available Amounts
      £1,000 to £50,000
    • Min / Max Terms
      2 to 8 years

    Eligibility Criteria

    • Must be over 18
    • Must be a UK resident
    • Must have either a NatWest current account (held for 3+ months), credit card or mortgage (held for 6+ months). Credit card and mortgage customers must apply online or by phone.
  • Royal Bank of Scotland logo

    Royal Bank of Scotland

    • Existing RBS customers only
    • Representative APR
      3.4% APR (£7,500 to £19,950)
    • Available Amounts
      £1,000 to £50,000
    • Min / Max Terms
      2 to 8 years

    Eligibility Criteria

    • Must be over 18
    • Must be a UK resident
    • Must have either a Royal Bank of Scotland current account (held for 3+ months), credit card or mortgage (held for 6+ months). Credit card and mortgage customers must apply online or by phone.
  • Ikano Bank logo

    Ikano Bank

    • Representative APR
      5.9% APR (£7,500 to £15,000)
    • Available Amounts
      £1,000 to £15,000
    • Min / Max Terms
      1 to 5 years

    Eligibility Criteria

    • 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
  • RateSetter logo
    Peer To Peer

    RateSetter

    • Representative APR
      6.9% APR (£5,000 to £24,000)
    • Available Amounts
      £3,000 to £24,000
    • Min / Max Terms
      1 to 5 years

    Eligibility Criteria

    • 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
  • Citrus Loans Prime logo
    Broker

    Citrus Loans Prime

    • Representative APR
      9.9% APR (£7,500 to £15,000)
    • Available Amounts
      £2,500 to £15,000
    • Min / Max Terms
      1 to 5 years

    Eligibility Criteria

    • Must be over 23 years of age
    • Must be employed
    • Must earn over £15,000 per annum
    • Must be on the electoral register
    • Must have an excellent credit rating
    • Must have no missed credit payments
    • No CCJs or defaults
    • The interest rate that you may qualify for, may vary due to your personal circumstances and the loan amount
  • Norton Finance - For homeowners only logo
    Broker

    Norton Finance - For homeowners only

    • Only available to homeowners
    • Representative APR
      15.4% APR
    • Available Amounts
      £3,000 to £25,000
    • Min / Max Terms
      1 to 25 years

    Eligibility Criteria

    • 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
  • Freedom Finance logo
    Broker

    Freedom Finance

    • Representative APR
      15.9% APR
    • Available Amounts
      £500 to £25,000
    • Min / Max Terms
      1 to 7 years

    Eligibility Criteria

    • Must be aged 18 years or over
    • Must be a UK resident
    • Interest rates are dependent on your individual credit score
  • Aspire Money logo
    Broker

    Aspire Money

    • Representative APR
      31.9% APR (£10,001 to £25,000)
    • Available Amounts
      £500 to £25,000
    • Min / Max Terms
      1 to 5 years

    Eligibility Criteria

    • Over 18s only
    • UK residents only
    • Must be full time employed
    • Must be earning over £1,200
    • Interest rates may vary due to your circumstances and loan amount required
  • UK Credit Guarantor Loan logo

    UK Credit Guarantor Loan

    • Guarantor must be a homeowner
    • Representative APR
      39.9% APR (£4,000 - £6,999)
    • Available Amounts
      £2,000 to £15,000
    • Min / Max Terms
      18 months to 5 years

    Eligibility Criteria

    • Must be aged 18 to 70
    • Must be a UK resident
    • Must not be recently bankrupt, in an IVA or a Debt Management Plan
  • Click Finance logo
    Broker

    Click Finance

    • Representative APR
      49.9% APR
    • Available Amounts
      £1,000 to £35,000
    • Min / Max Terms
      1 to 5 years

    Eligibility Criteria

    • Must be aged 18 to 70
    • Must be a UK resident
    • Must have a minimum monthly income of £800
    • Must not be subject to an IVA or bankruptcy order
  • Amigo Guarantor Loan logo

    Amigo Guarantor Loan

    • Guarantor
    • Representative APR
      49.9% APR (variable)
    • Available Amounts
      £500 to £10,000
    • Min / Max Terms
      1 to 5 years

    Eligibility Criteria

    • Must be aged 18-75
    • Must be a UK resident
    • Must not be on an active bankruptcy, IVA or equivalent
  • UK Credit Guarantor Loan logo

    UK Credit Guarantor Loan

    • Guarantor must be a tenant
    • Guarantor
    • Representative APR
      53.9% APR (£4,000 - £5,999)
    • Available Amounts
      £2,000 to £6,000
    • Min / Max Terms
      18 months to 5 years

    Eligibility Criteria

    • Must be aged 18 to 70
    • Must be a UK resident with a bank account
    • Must be employed, self-employed, retired or on certain benefits
    • Must not currently be in an IVA or DMP nor currently bankrupt
  • SafetyNet Credit Facility logo

    SafetyNet Credit Facility

    • Representative APR
      68.7% APR
    • Available Amounts
      £100 to £500
    • Min / Max Terms
      No min or max term

    Eligibility Criteria

    • Must be aged 18 or over
    • UK residents only
    • Must be in full-time or part-time employment or self-employed
    • Minimum monthly income of £750
    • Must have debit card and bank account into which salary is paid
    • Must have a mobile phone and email address
    • Bankruptcy, IVA or equivalents not accepted
    • CCJs accepted
    • Customers must submit bank account login details to apply for a loan
Our service is free of charge but we receive commissions from the providers we refer you to. This table is initially ordered by representative APR. You can use the options above the table to order it according to various criteria. You may be offered different rates depending on your personal credit rating.

If you are thinking of consolidating existing borrowing you should be aware that you may be extending the terms of the debt and increasing the total amount you repay.Our comparison service features a selection of providers from whom we receive commission.
This table is ordered by Representative APR.

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How to Choose an Unsecured Loan

If you’re considering taking out an unsecured personal loan, you’re probably trying to decide which type is right for you. Although secured loans are an option for those who have equity in their home and are willing to use it as security, unsecured loans are more common and carry less risk to the borrower.

There are a number of different types of unsecured loan and loan amounts; terms and costs will differ from lender to lender. At Know Your Money, it’s our goal to keep consumers informed about their personal finances. We want to help you understand your options a little better that’s why we’ve created the unsecured loans comparison table and information guide below.

Choosing the right type of unsecured loan

Deciding that you want to take out an unsecured loan is the easy bit. With more choice than ever before for borrowers, navigating the marketplace can be slightly overwhelming. You’ve probably got questions like: what’s the best value loan? How much time do I need to repay the loan? And will I be eligible if I apply?

These are all very valid questions and they can all be answered with just a little research. Luckily there are some fantastic online research tools available to borrowers, and lenders must also stick to strict rules put in place to prevent borrowers taking loans that they can’t afford to repay.

Let’s start with learning a little about the main types of unsecured loan.

Remember that interest rates and lending criteria differs between lenders.

Types of unsecured loan

  • Personal bank loans: High street banks are still a major source of personal unsecured loans, but they tend to have strict lending criteria.

  • Personal loans with alternative lenders: Online-only challenger banks offer loans that sometimes have more flexible criteria and terms than traditional bank loans. You can sometimes secure a loan even with poor credit, if a lender will accept the assurances of a guarantor who will repay the debt if you are unable.

  • Short-term loans: If you need quick access to a relatively small amount of cash, a short-term loan may come in useful, although interest rates can be on the high side. Ultra-short-term loans, often known as payday loans, can come with very high interest rates and are usually repayable in a single payment.

  • Peer-to-peer: Peer-to-peer lenders are matched with borrowers through dedicated online platforms. Interest rates can be favourable, but lending criteria tends to be quite strict.

Comparing unsecured loans

Once you have a better understanding of the type of loan that will suit your requirements, it’s time to start comparing lenders to find a product that looks right for you. Finding the right loan is a case of identifying the choice which provides you with the right amount of money and has repayment terms which will suit you.

It’s about assessing your priorities. You may want to prioritise repaying your loan quickly to minimise the amount of interest you will end up paying on the whole debt. Alternatively, you might need to spread the repayments out over as long a timeframe as possible to make them more affordable, which can lead to a much lower monthly outlay, but will probably cost you more in interest in the long run.

A simple way to compare the cost of an unsecured loan, as a percentage of the total loan amount over the course of an entire year, is the annual percentage rate (APR). Lenders must display their APR by law but note that ‘representative APR’ means that around half of applicants were offered the interest rate displayed, and that you could pay more if your credit history isn’t strong enough.

Choosing an unsecured loan FAQs

What does unsecured loan mean?

How does an unsecured loan work?

What happens if I can’t repay my unsecured loan?

What can I use my unsecured loan for?

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