Personal loans

6.7% APR representative for a loan between £7,500 and £25,000 over 1 to 5 years.

To apply for a loan you must be: age 18 or over, a UK resident (except for the Channel Islands and the Isle of Man), and hold a Lloyds Bank Current Account (min 1 month). Lending and rates depend on our assessment of your personal circumstances.

Get started with our handy loan calculator

Whatever your plans, a personal Loan from Lloyds Banking Group could help make your plans a reality.

This will only show you illustrative examples. The interest rate we may offer you could be different.

To get your personalised rate, please log on and use our loan calculator in Internet Banking for a quote.

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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 APRRepresentative APRThe representative APR is the rate that at least 51% of people are expected to receive when taking out a loan within the stated amount and term range. 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 is 29.9% APR.

Look at some of the most popular reasons our customers take out loans

Home Improvements

Using a personal loan for home renovations could be a smart way to upgrade or add value to your home.

You could avoid the hassle of moving house by adding an extension or upgrade a bathroom or kitchen. The choice is yours.

Getting married

A wedding loan is a personal loan that you can use to help make the dreams for your special day become a reality.

It can help cover the costs for things like the wedding reception, venue or accommodation.

Car loans

Whether you are buying new or used, a car loan can help you spread the payments.

It could also help you cover the final lump sum or balloon payment if you've purchased your car on a finance agreement.

Log on now for your personal loan quote

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

Log on to get a quote today
 

Offering you flexibility

Once we accept you for the loan, 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 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.

Frequently asked questions about loans

  • Our loan calculator helps you work out how much you could afford to borrow and what your monthly repayments could be.

    Tell us how much you would like to borrow and how long you’d like to repay it. You'll see an example of how much your monthly repayments could be. The total amount repayable based on an illustrative APR.

    Changing the amount you want to borrow and the term of the loan will automatically change the example repayments and illustrative APR shown by the calculator.

    Please note: when you apply your APR will be based on your personal circumstances.

  • When you apply, there are several factors we take into account when we work out your personalised loan rate (APR). These include:

    • your credit repayment history.
    • your past account history.
    • how much you want to borrow.
    • how long you want to repay the loan over.
    • other personal details held on our records.

  • Before you apply for a loan, you can get a personalised quote. We'll tell you how much you could borrow, and how likely to be approved you'll be, before you apply. This quote won't 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. We'll add the credit check to 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.

    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.

Important legal information

Lloyds and Lloyds Bank are trading names of 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.

Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS).

Calls may be monitored or recorded to help us improve our quality of service.