Personal loans

A personal loan lets you spread the cost of a large purchase over a period that suits your budget. Repayments are fixed, so you know exactly what you will pay each month and when the loan will end.

Before you commit, we show you the total amount repayable, the interest rate and every fee in one summary. We assess affordability carefully because we would rather help you borrow an amount you can manage than approve something that causes stress later.

If your circumstances change, you can ask about overpaying or settling the loan early. Speak to an adviser as soon as possible if you expect difficulty with a payment, because there are usually options.

Key points

• Fixed monthly repayments
• Clear summary of total cost
• Student and general-purpose loans
• Early repayment available