Compare Personal Loans

Personal or unsecured loans are one of the best value forms of personal credit available. They are called 'unsecured' because you are not required to provide any security (collateral) such as your home to guarantee that your debt will be repaid.

Anyone can apply, whether you're a homeowner or a tenant, but in most cases a reasonably good credit record is needed - or at the very least you shouldn't have anything too damaging on your credit file such as CCJs etc.

You can usually borrow up to around £25,000 depending on your circumstances and in most cases the more you borrow, the lower the interest rate will be. Loans for small amounts are unlikely to get you as low an interest rate as those shown in advertisments.

Repayments can be spread over a period of time to suit your budget, and although most loan deals have an upper limit of 7 years to repay, some allow up to 10 years. The longer you take to repay the more interest you will be charged in total, but your monthly repayments will be smaller.

Unsecured Loans List:

The table below shows some of the best unsecured loan deals currently available online:



 Lender  Typical Rate  Minimum Amount  Maximum Amount  Comments
Sainsbury's Loans 7.3% £1000 £25000 Get a cheque inside 24 hours
Intelligent Finance 7.4% £7000 £25000 Get a cheque in 24 hours (optional)
Mint Loans 7.7% £1000 £25000
Direct Line 7.7% £7500 £14999 Big loans at low rates
Moneyback Bank 7.8% £5000 £25000 Simple, straightforward loans at low rates
Abbey Personal Loan 7.9% £1000 £25000
Post Office Loans 7.9% £2000 £25000
Tesco Finance 7.9% £3000 £25000
Britannia Loans 7.9% £1000 £25000
Halifax Loans 8.1% £1000 £25000
Bank of Scotland 8.1% £7000 £25000 Get cash in less than 3 days, with a 3 month payment holiday
Alliance and Leicester 8.7% £1000 £20000
Smile Personal Loans 8.9% £1500 £25000 More Info >>>
Co-Op Bank 8.9% £2000 £25000
Marks and Spencer Loans 8.9% £1000 £20000 Put your plans into action with a low rate personal loan More Info >>>
Egg Loans 9.9% £5000 £25000
Eskimo Loans 10.9% £1000 £25000 Fixed rate loans with optional same day service

The following loan deals are no longer available: Northern Rock, Virgin Money



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