UK personal loans are unsecured credit typically offered at fixed rates over 1-7 years. The representative APR must be offered to at least 51% of successful applicants. Rates are lowest for amounts between £7,500 and £25,000. Eligibility depends on credit score, income and existing debt. All personal loan providers must be FCA-authorised and comply with Consumer Credit Act 1974 and FCA Consumer Duty rules (FCA, 2026). |
UK personal loans are unsecured credit typically offered at fixed rates over 1-7 years. The representative APR must be offered to at least 51% of successful applicants. Rates are lowest for amounts between £7,500 and £25,000. Eligibility depends on credit score, income and existing debt. All personal loan providers must be FCA-authorised and comply with Consumer Credit Act 1974 and FCA Consumer Duty rules (FCA, 2026). |
Personal loan rates compared: 23 October 2026
Lowest representative APR: TSB at 6.4% on loans of £7,500 to £25,000. At that rate £10,000 over 5 years costs about £194.35 a month and £1,661.05 in interest. Checked 23 October 2026.
| Lender | Representative APR | Loan size for that rate | Amounts | Terms | £10,000 over 5 years: monthly | Total interest |
|---|---|---|---|---|---|---|
| TSB | 6.4% | £7,500 to £25,000 (7.9% to £35,000, 8.9% to £50,000) | £300 to £50,000 | 3 months to 7 years | £194.35 | £1,661.05 |
| Santander | 6.7% | £7,500 to £25,000 (10.6% under £3,000) | £1,000 to £35,000 | 1 to 5 years | £195.67 | £1,740.43 |
| HSBC | 6.8% | £7,500 to £20,000 (up to 22.9%) | £1,000 to £30,000 | 1 to 8 years | £196.12 | £1,766.92 |
| Lloyds Bank | 7.4% | £7,500 to £25,000 over 1 to 5 years | £1,000 to £50,000 (customers) | 1 to 7 years | £198.77 | £1,926.14 |
| NatWest | 7.9% | £7,500 to £19,950 | £1,000 to £50,000 | 1 to 10 years (home improvements) | £200.99 | £2,059.19 |
Work out any amount, rate and term with the loan repayment calculator.
How this table is built: each rate is taken from the lender's own website on 23 October 2026. Representative APR is the rate at least 51% of accepted applicants get (FCA CONC 3.5); the rate offered after a credit check can be higher. Monthly and interest figures are estimates for £10,000 over 5 years at the representative APR. Kael Tripton receives no commission from any lender listed.
UK personal loans are unsecured credit typically offered at fixed rates over 1-7 years. The representative APR must be offered to at least 51% of successful applicants. Rates are lowest for amounts between £7,500 and £25,000. Eligibility depends on credit score, income and existing debt. All personal loan providers must be FCA-authorised and comply with Consumer Credit Act 1974 and FCA Consumer Duty rules (FCA, 2026). |
UK personal loans are unsecured credit typically offered at fixed rates over 1-7 years. The representative APR must be offered to at least 51% of successful applicants. Rates are lowest for amounts between £7,500 and £25,000. Eligibility depends on credit score, income and existing debt. All personal loan providers must be FCA-authorised and comply with Consumer Credit Act 1974 and FCA Consumer Duty rules (FCA, 2026). |
