How much we lend and the rate available are depending on our assessment of your circumstances. You must be aged 18 or over and a UK resident. You must have had a Lloyds Bank current account for at least 1 month.

Get a quote before you apply

Getting a quote won’t affect your credit score.

To get started:

  • Pick your loan amount - You can borrow from £1,000 to £50,000.
  • Select your repayment term - We offer terms from 1-7 years.

Then you can see:

  • Your personalised interest rate
  • The monthly repayments
  • How much the loan will cost at the end of the term

Once you have decided the term and the amount, you can apply online. If you're approved between 9am and 08:30pm, you'll get your money the same day. Otherwise, you'll have your money before 9am the next working day.

Get a quote now

Representative example

You could borrow £10,000 over 48 months with 48 monthly repayments of £237.16. Total amount repayable will be £11,383.68 Representative 6.7% APR, annual interest rate (fixed) 6.5%.

This representative APR applies to loans of £7,500 to £25,000 over one to five years. Other terms and loans amounts are available at different rates. The maximum APR is 29.9% APR.

What you can use your loan for

New car

Looking for an upgrade or switching to an electric car. A Lloyds Bank Personal loan can give you the freedom to own your next new car.

Car loans

Combining your debts

A great way to take control of your finances by bringing all of your existing borrowing together.

Debt consolidation

Improving your home

If you’re planning on extending your home, upgrading the kitchen, or improving the energy efficiency, a loan could help set your plans in motion.

Home improvements

Getting married

Planning your special day? A loan could help make your dream day a reality.

Wedding loan

Going on holiday

Planning a trip of a lifetime? A loan could help spread the cost of your travel plans.

Holiday loan

What you can't use your loan for

You can't use a loan to pay for speculative purchases, for example: gambling, investments and share purchases. Any illegal purposes. Business-related purposes. Purchase/Lease of land or property, either full or part purchase (including deposit). Timeshares/Holiday Clubs.

Offering you flexibility

Once your loan is approved, the money could be in your account the same day, 9am-8.30pm, or before 9am the next day.

Repayment holidays - you can apply for up to two repayment holidays of 1 month in a rolling 12-month period, depending on approval.

Make extra payments with no extra charges.

Pay off your loan early if you want. Just be aware, we could charge up to 58 days' interest for early settlement, but you are still likely to save on interest repayment overall.

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Can I apply?

To apply for a Personal Loan, you need to:

  • be aged 18 or older.
  • be a UK resident (except for Channel Islands and the Isle of Man).
  • have held a Lloyds Bank current account for at least 1 month.
  • be in paid employment or have a regular income and are not a full-time student.
  • have a good credit score, with no history of bad credit, such as County Court Judgements (CCJs) or bankruptcy.

Get a quote in minutes

Log on to Internet Banking to get a personalised quote.

  • Tell us how much you want to borrow and over how long to get a quote in minutes.
  • This won't affect your credit score.
  • If you go on to apply, you'll get an instant loan decision online.
Log on to get a quote

Manage your loan online

It's simple and safe in our app or on our website.

Support with cost of living

As living costs rise, keeping on top of your money might be worrying. We can help you manage your payments and share some useful tips and tools.

Help with money worries

Help me manage my money


Frequently asked questions

  • A personal loan is an amount of money you borrow from a lender to pay for a large expense, such as a car or home improvements. You then pay the loan back monthly, over an agreed period. With Lloyds Bank, you can select to pay the loan back between 1-7 years.

    When taking out a loan, there’s a cost to borrow the money – this is called interest. The amount of interest you pay is depends on factors such as the loan amount, repayment term, and your personal circumstances. Interest is calculated with your monthly repayments, so you don’t have to pay it back in one go.

  • Before you apply for a loan with Lloyds Bank, you can get a personalised quote. We'll tell you how much you can borrow and how likely you’ll be approved for a loan, before you apply. This quote won’t affect your credit score.

    When you apply for a loan with us, we'll conduct a credit check. This helps us understand whether you can pay the loan back. This credit check will impact your credit history report and may affect your credit score. 

    The impact on your credit score will depend on your past credit history and personal circumstances. For example, if you have applied for credit several times within a short space of time, this may have a negative effect on your score. Missing repayments may also have negative impact on your credit score.

    Learn more about credit scores.

  • APR stands for annual percentage rate. It shows you how much it will cost you to take out a loan as a percentage. The APR is made up both loan interest and loan fees.

    The APR helps when you’re comparing loan rates from different lenders.

Understanding credit

Your credit score can affect whether you’re likely to be accepted for a personal loan. Learn more about how credit works and how it might impact applying for a loan.

Understanding credit

Other ways to apply

Apply over the phone – call us on 0330 123 3890

Speak to an adviser 8am - 8pm Monday to Friday and 9am - 6pm  Saturday and Sunday. Closed Bank Holidays.

Apply in branch – our local branch will be happy to help you apply for a loan.

Find your nearest branch

Making sure you get a fair deal

We want you to find a product that's right for your circumstances, which is why we adhere to the Standards of Lending Practice, which are monitored and enforced by the Lending Standards Board.

To find out more you can read the statement of responsibilities, which details what's expected of us, the lender and you, the borrower.

Download the statement of responsibilities (PDF 60kb)