Loans

We've teamed up with The Co-operative Bank to offer you a great unsecured loan deal.

The typical rate is 8.9% APR on loans from £7,500 to £14,950.

Fixed rate for the duration of the loan
Spread the payments over 1 to 7 years (available in six-month intervals, so you could take out the loan for 4.5 years)
No arrangement fee
Frequently asked questions

Summary box – key information for personal loans from £7,500 to £14,950
APR	Typical 8.9% APR If your loan application is successful, the interest rate you will pay is based on your personal circumstances, the time period over which you repay the loan, and the amount you choose to borrow.
Interest rate ranges	Loan size range		From %		To %	Representative APR
Interest rate ranges	£7,500 – £14,950		8.9%		15.3%	8.9%
Interest charging information	Once agreed the APR is fixed and guaranteed for the life of the loan. Interest at the rate shown on the loan agreement will accrue on the daily outstanding balance of the loan, and will be debited to the loan account half yearly and immediately before repayment.
Repayment information	Payments are made by standing order. The first monthly payment is due one month after the date the funds are released.
Repayment period	Loans are available over 12 to 84 months.
Amount of loan available	Loans are available from £7,500 to £14,950 at £50 increments.
Application arrangement fee	No arrangement fees
Other fees	Optional £50 fee for courier service, including Clearing House Automated Payment Service (CHAPS). Optional £25 fee for CHAPS (for faster receipt of funds). If you take either of the above services, the fee will be deducted from the loan amount.
Default fees	For late payment of whole or part of an instalment, interest will be owed on the instalment from when it is due (whether before or after any judgement) until it is actually paid. Interest will be at the annual percentage rate shown in the loan agreement.
Early settlement	An early settlement fee equal to one additional month’s interest calculated on the balance outstanding will be payable.
Illustrative example	Loan amount	Representative APR		Term in months	Monthly payment		Total payable
Illustrative example	£7,500 £10,000 £14,500	8.9% 8.9% 8.9%		36 60 60	£238.18 £206.55 £300.01		£8,574.46 £12,392.66 £18,000.24

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Applicants must be UK residents, aged between 23 and 69, have a minimum annual income of £10,000 and either be a homeowner or hold a debit, cheque guarantee, store or credit card.

Credit facilities provided by The Co-operative Bank p.l.c. (Registered No. 990937), P.O. Box 101, 1 Balloon Street, Manchester M60 4EP are subject to status. The Co-operative Bank is authorised and regulated by the Financial Services Authority (No. 121885) and subscribes to the Banking Code, is a member of the Financial Ombudsman Service and is licensed by the Office of Fair Trading (No. 006110). The Co-operative Bank reserves the right to decline any application or offer a loan at a rate that differs from those advertised.