Personal Loan

5.9% APR representative for a loan between £7,500 and £25,000 over 1 to 5 years.

Get a quote before you apply

  • See how much your loan would cost.
  • If we can, we'll also tell you how likely you are to be approved.
  • Getting a quote will not affect your credit score.

Just choose your loan amount and term

Choose how much you want to borrow:
from £1,000 to £50,000.

Set your repayment term:
from 1 to 7 years.
The longer the term, the more interest you'll pay overall.

Then see how much it would cost

You'll see:

  • Your personalised interest rate.
  • How much it would cost you each month.
  • What the total cost of the loan would be.

Log on now for your free loan quote

Once you've seen your quote, you can choose to apply online. If you're approved, you'll get your money quickly.

Get a quote now

The benefits of a Lloyds Bank loan

Get your money quickly

Receive your money straight away if you apply and are approved between 9am and 8:30pm.
 
Otherwise, you'll have your money before 9am the next working day.

Flexible payments

  • Apply for up to two repayment holidays of one month in a rolling 12 month period.
  • Make additional payments with no extra charge.
  • Pay off your loan early - we will charge up to 58 days' interest.

 

Can help with expenses

You can use a loan for expenses like:

What you can't use a loan forYou cannot 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.

Representative example

You could borrow £10,000 over 48 months with 48 monthly repayments of £233.69. Total amount repayable will be £11,217.12. Representative 5.9% APR, annual interest rate (fixed) 5.75%.

This representative APR applies to loans of £7,500 to £25,000 over 1 to 5 years. Other terms and loan amounts are available at different rates. The maximum APR you could be offered is 29.9% APR.

Can I apply?

To apply for a Personal Loan, you need to:

  • be aged 18 or older.
  • be a UK resident (excluding the Channel Islands and the Isle of Man).
  • have held a Lloyds Bank current account for at least one 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 will not affect your credit score.
  • If you go on to apply, you will get an instant loan decision online.
Log on to get a quote

Paying it back - what you need to know

  • Managing your loan - it is easy to keep track of your loan using Internet Banking or the Mobile Banking app, but you can also phone us or visit us in branch.
  • Repayment holidays - you can apply for up to two repayment holidays of one month in a rolling 12 month period, subject to approval. Just be aware, interest will still be charged so you will pay more overall, and your loan term will be extended.
  • Fixed repayments – each month your repayment will be collected by Direct Debit from the bank account you have selected.

Other ways to apply

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

Find your nearest branch

Apply over the phone – if you have a:  

Speak to an adviser 8am-10pm, every day.

More about loans

Got a loan with us?

Support with the cost of living

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

How much we lend and the rate available are subject to our assessment of your circumstances. You must be 18 years of age or over and a UK resident. You must have had a Lloyds Bank current account for at least one month.

Frequently asked questions

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

    When taking out a loan, you will pay an additional cost to borrow the money – this is called interest. The amount of interest you pay is based on a number of factors, such as the loan amount, how long you want to borrow the loan, and an assessment of your personal circumstances. This interest is added to your monthly repayments so you do not have to pay it back in one go.

     

  • Before you apply for a loan with Lloyds Bank, you can get a personalised quote where in most cases, we will tell you how much you could borrow and if you are likely to be approved, before you apply. This quote will not affect your credit score.

    When you apply for a loan with us, we will conduct a credit check. This helps us understand whether you are able to pay the loan back. This credit check will be added to your credit history report and therefore may affect your credit score. However, 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

Mobile Banking app

Scan to download our app

  • Join over 7 million customers who already use our app.
  • You can log on securely with your fingerprint or Face ID.
  • Stay up to date with notifications.

 

How to set up the app

qr code to scan

Set up the Mobile Banking app

  • Join over 7 million customers who already use our app.
  • You can log on securely with your fingerprint or Face ID.
  • Stay up to date with notifications.

     

Download app

How to set up the app

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.

Important legal information

Lloyds Bank plc. Registered office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales No. 2065. Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278.

Mobile Banking: Mobile Banking is available to Internet Banking customers. We don’t charge you for Internet Banking but your mobile phone provider may charge for some services. Please check with them. Phone signal and functionality may affect services. Terms and conditions apply.

Mobile Banking app: Our app is available to Internet Banking customers with a UK personal account and valid registered phone number. It’s only available to iPhone and Android users. Minimum operating systems apply, so check the App Store or Google Play for details. Our app does not work on jailbroken or rooted devices. You must register your device.

Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. Google Play is a trademark of Google LLC. Terms and conditions apply.