Personal Loan
5.9% APR representative for a loan between £7,500 and £25,000 over 1 to 5 years.
Log on to get a quoteGet 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.
The benefits of a Lloyds Bank loan
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.
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.
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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.
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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.
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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.
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.
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