- Wide range of borrowing options: choose to borrow £1,000 – £25,000 over one to seven years.
- If you borrow £7,500 – £25,000 over one to five years, you could receive a rate as low as 4.9% APR RepresentativeCloseAPR stands for the Annual Percentage Rate of charge. You can use it to compare different credit and loan offers. We will tell you the APR for your loan or credit card before you sign an agreement.Glossary.
- Flexible repaymentCloseWith a loan, we give you a sum of money up front and each month after that you pay back some of what you owe. That monthly sum is called your repayment. With our personal loans, your repayments are fixed. That means you’ll owe the same amount each month for the entire life of your loan.Glossary options, where you can make additional payments or pay off your loan early, free of charge. There's no early settlement adjustmentCloseYou can fully or partly repay your loan at any time during the repayment period. If you choose to settle your loan before it’s completed its full term some of our loans may charge an early settlement adjustment. If you have taken out a Flexible Loan you agree to repay the capital plus the interest as it accrues. If you pay off your loan in full before the end of the agreed term, we'll calculate what you owe us at the time which will include capital plus interest accrued but no additional charge. If you’ve taken out any of our other loans, the amount you agree to repay includes interest that is charged to the end of the loan term. If you make an early settlement we'll reduce the charge for credit you have agreed to pay us which means you wouldn’t have to pay all of the interest. This reduction may be adjusted by up to 58 days’ interest - this is the early settlement adjustment.Glossary on the Flexible Loan, but there may be on other loans.
- Instant money in your account. Apply online to have funds immediately transferred to your bank account between 9am–8:30pm, or before 9am the following day.
- Get a personalised quote with no credit footprintCloseYour history with credit is summarised into your credit rating. Having a long history of paying your loans, bills and credit cards on time means you’ll have a high credit rating. Missing payments or defaulting on loans, borrowing and bills results in a lower score. When you apply for a loan or credit card, the financial institution will look at your credit rating to see how risky the deal would be for them. They use this information to help decide whether to offer you credit, and if so, what kind of interest rate and terms you’ll receive.Glossary.
Find out more about the Flexible Loan
We'll never encourage you to borrow more than you can afford. We have lots of advice and guidance to help you get it right.
Find out more about whether a Flexible Loan could help with:
Buying a car
Club Lloyds customers
For Club Lloyds customers who have held a Club Lloyds current account for more than a year, a 0.7% discount will be applied at the start of the loan.
Find out more