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Flexible Loan

Available to existing Lloyds customers. A summary of our Flexible Loan features is outlined below.

Features and benefits

  • You could receive a rate as low as 4.6% APR RepresentativeCloseAPRAPR 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. if you borrow £7,500 – £25,000 over one to five years.
  • Wide range of borrowing options: choose to borrow £1,000 – £50,000 over one to seven years.
  • You have flexible repayment options, so you can make additional payments whenever you want, and pay off your loan early with no charge.
  • 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 footprintCloseCredit footprintYour 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..
  • You have the option to apply for up to two repayment holidays a year, subject to approval.
  • You can also get a loan and apply if you have a credit card, mortgage or loan with Lloyds Bank. Call us on 0800 068 1191 to find out more (8am–10pm Mon–Sun).

Keep in mind

  • Our loans are available online to Lloyds Bank current account holders who've had their account for at least one month.
  • How much we lend and the rate available are subject to our assessment of your circumstances.
  • There's no early settlement adjustmentCloseEarly settlement adjustmentYou 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’ve 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 including the Online Exclusive Loan, the amount you agree to repay include the 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 don’t have to pay all the interest. This reduction may be adjusted by up to 58 days’ interest – this is the early settlement adjustment. This is capped at £100 for the Online Exclusive Loan. on the Flexible Loan, but there is on other loans including the Online Exclusive Loan.
  • Repayment holidays are available if you meet certain conditions. Interest will be charged if you take a repayment holiday, so you'll pay more interest overall and your original term will be extended.
  • If you're looking to borrow money, it's important that you make the right choice for your circumstances. Other borrowing options may be suitable for your needs.

Loan calculator

Our unsecured personal loan can be used for many purposes, whether you’re planning some home improvements, getting your finances in order or thinking about buying a new car.

For some loans the illustrative APRs will be higher. Use the calculator to explore the cost of different loan amounts.

Representative example

You can borrow £6,000 over 60 months with 60 monthly repayments of £134.06. Total amount repayable will be £8,043.60. Representative 12.9% APR, annual interest rate (fixed) 12.19%.

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Lower Amount
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27.7%
26.3%
14.5%
4.6%
6.4%
7.4%

Higher Amount
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more months

Representative example

You can borrow £6,000 over 60 months with 60 monthly repayments of £134.06. Total amount repayable will be £8,043.60. Representative 12.9% APR, annual interest rate (fixed) 12.19%.

Monthly repayments

£0.0

Total repayable

£0.0

APR illustrative

0%

Our loan features

  • From £1,000 to £50,000
  • Over 1 to 7 years
  • Make additional payments
  • Fixed repayments
  • Quick, easy and secure

Already registered for Internet Banking?
Logon to get your quote

If you're not registered for Internet Banking you can register now.

Your personal rate will depend on the loan amount and term you request and your personal circumstances. In order to get your personal rate, please log in to Internet Banking or select the “Get your personal quote” option.

APR illustrative

For the amount and term selected the majority of customers are expected to receive the APR illustrative rate or lower.

For loan terms more than 5 years log in to get a personalised quotation - it will only take a minute and there's no credit footprint.

Our loans are available online to Lloyds Bank current account holders who have had an account for at least one month.

You can also get a quote and apply if you have a Lloyds credit card, mortgage or loan. Call us on 0800 068 1191Call telephone number 0800 068 1191 to find out more. Lines are open 7 days a week from 8am to 10pm.

If you are applying online, the funds will be transferred to your bank account immediately between the hours of 9:00am and 8:30pm, or before 9am the following day outside these times.

Surprises come in all shapes and sizes. From an unexpected expense to a new opportunity, there are times when you might need quick access to funds. Our Flexible Loan could help you get the money you need, when you need it most.

Our Flexible Loan comes with a variety of options to help meet your needs. You can manage your loan online with Internet Banking, where you can make additional payments, pay off your loan early, check your transactions and statements, change your details, and apply for a repayment holiday. Repayment holidays are available if you meet certain conditions. Interest will be charged if you take a repayment holiday, so you'll pay more interest overall and your original term will be extended.

Our responsibilities to you

We’ll never encourage you to borrow more than you can afford. To help you get it right, we have lots of help and guidance.

Important information

The factors we consider when setting a Flexible Loan rate include:

  • your credit repayment history
  • past account history
  • other personal details held on our records

View an example of our Flexible Loan Agreement (PDF).

Online

If you're registered for Internet Banking, you can get a personalised quote and a decision online in just five minutes.

Log on to apply

If you're not registered for Internet Banking, you can still apply online. It'll take about ten minutes and is completely secure.

Get a quote and apply

By phone

Call us on

0800 096 1356Call telephone number 0800 096 1356

Lines are open 8am–10pm seven days a week

If you have a credit card, mortgage or loan with Lloyds Bank, call us on

0800 068 1191

Lines are open 8am–10pm seven days a week

In branch

Pop into your local branch and we'll be happy to help. We'll usually be able to give you an answer and transfer the money into your account that same day.

Find your nearest branch

Apply for a Flexible Loan

To apply for a Flexible Loan online you must be over 18 years old and a UK resident. How much we lend and the rate available are subject to our assessment of your circumstances.

Registered for Internet Banking?

You can get a personalised quote and decision in minutes with no credit footprint.

Log on

Not registered for Internet Banking?

You can still apply online. It’ll take about ten minutes and is completely secure.

Get a quote