Compare Unsecured Personal Loans

  • Compare Loans from UK Banks and Financial Providers
  • Sort by APR %, Monthly & Total Repayments
  • Compare Features such as Instant Decision, APR Rates & Payment Holidays
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This comparison table is based on the assumption of borrowing £10,000 over a 60 month repayment period. To get a quote for your own borrowing requirements, visit the provider website.
ProviderAPRMonthly RepaymentTotal PayableRepresentative Example:
AA Personal Loan


  • Exclusive rates for members

  • Make extra payments or pay off loan early with no charges

  • Instant decision

3.30%£180.80£10,848.30Assumed borrowing of £10,000 over 60 months at a fixed rate of 3.3% per annum would result in a representative rate of 3.3% APR, monthly repayments of £180.80 and a total amount repayable of £10,848.30See Deal
Barlcays Personal Loan


  • Personal price quote - with no credit footprint

  • Quick and easy application

  • Price guarantee (conditions apply)

5.50%£190.39£11,423.40Assumed borrowing of £10,000 over 60 months at a fixed rate of 5.5% per annum would result in a representative rate of 5.5% APR, monthly repayments of £190.39 and a total amount repayable of £11,423.40See Deal
Cahoot Personal Loan


  • Quick decision via email within 24 hours

  • Provided by Santander UK plc

2.80%£178.64£10,718.40Assumed borrowing of £10,000 over 60 months at a fixed rate of 2.8% per annum would result in a representative rate of 2.8% APR, monthly repayments of £178.64 and a total amount repayable of £10,718.40See Deal
Clydesdale Bank Personal Loan


  • Early repayment options

  • Quick decision online

  • Funds direct into your account

2.90%£179.08£10,744.50Assumed borrowing of £10,000 over 60 months at a fixed rate of 2.9% per annum would result in a representative rate of 2.9% APR, monthly repayments of £179.08 and a total amount repayable of £10,744.50See Deal
HSBC Personal Loan


  • Instant decision as an HSBC current account customer. Non account customer 2-5 days.

  • HSBC Advance customers could get 10% cashback

  • Make overpayments free of charge

3.30%£180.80£10,848.30Assumed borrowing of £10,000 over 60 months at a fixed rate of 3.3% per annum would result in a representative rate of 3.3% APR, monthly repayments of £180.80 and a total amount repayable of £10,848.30See Deal
Lloyds Bank Personal Loan


  • Instant online decision

  • Make additional payments with no charge

  • Personalised quote with no credit footprint

  • Get Deal for up to two repayment holidays a year, subject to approval

3.90%£183.41£11,004.60Assumed borrowing of £10,000 over 60 months at a fixed rate of 3.9% per annum would result in a representative rate of 3.9% APR, monthly repayments of £183.41 and a total amount repayable of £11,004.60See Deal
M&S Bank Personal Loan


  • Defer repayments for 3 months

2.90%£179.07£10,744.80Assumed borrowing of £10,000 over 60 months at a fixed rate of 2.9% per annum would result in a representative rate of 2.9% APR, monthly repayments of £179.07 and a total amount repayable of £10,744.80See Deal
Nationwide Personal Loan (members only)


  • Available just for members

  • Instant online decision

3.00%£179.51£10,770.60Assumed borrowing of £10,000 over 60 months at a fixed rate of 3.0% per annum would result in a representative rate of 3.0% APR, monthly repayments of £179.51 and a total amount repayable of £10,770.60See Deal
Post Office Money Personal Loan


  • Get Deal online and get an instant decision

  • Personalised Fast Checker without affecting your credit rating

  • No penalty for overpayments

3.20%£180.37£10,822.33Assumed borrowing of £10,000 over 60 months at a fixed rate of 3.2% per annum would result in a representative rate of 3.2% APR, monthly repayments of £180.37 and a total amount repayable of £10,822.33See Deal
RBS Personal Loan


  • Online decision in minutes

  • Pre-filled application if you bank with RBS online

  • No impact on your credit rating

3.40%£181.25£10,875.00Assumed borrowing of £10,000 over 60 months at a fixed rate of 3.4% per annum would result in a representative rate of 3.4% APR, monthly repayments of £181.25 and a total amount repayable of £10875.00See Deal
Sainsbury's Bank Personal Loan


  • 2 Month Repayment Holiday Option

  • APR Price Promise

  • Lowest rates if you have a Nectar Card

2.80%£178.64£10,718.40Assumed borrowing of £10,000 over 60 months at a fixed rate of 2.8% per annum would result in a representative rate of 2.8% APR, monthly repayments of £178.64 and a total amount repayable of £10,718.40See Deal
Santander Personal Loan


  • Online decision within 24 hours

  • No upfront payment - your first repayment is 30 days after the loan is agreed

3.00%£179.51£10,770.60Assumed borrowing of £10,000 over 60 months at a fixed rate of 3.0% per annum would result in a representative rate of 3.0% APR, monthly repayments of £179.51 and a total amount repayable of £10,770.60See Deal
Yorkshire Bank Personal Loan


  • Repay your loan early

  • Quick decision online

  • Funds direct to your account

2.90%£179.08£10,744.50Assumed borrowing of £10,000 over 60 months at a fixed rate of 2.9% per annum would result in a representative rate of 2.9% APR, monthly repayments of £179.08 and a total amount repayable of £10,744.50See Deal
Compare Loans

What is an unsecured personal loan?

This type of loan does not require you to have any collateral as security for the bank or financial provider. Essentially, it means that the lender will not be able to make a claim against your assets, such as your house, if you do not keep up the repayments.

A personal loan means the money is be lent to you as an individual rather than another entity such as a business.

As these loans are unsecured, providers generally require you to have a good credit rating when assessing your application. This means that as well as ensuring you have the ability to make the repayments, such as a regular income, they will also check your credit history.

Your credit history details your past financial dealings such as previous loans, credit card repayments, mortgage details and even utilities such as mobile phone contracts. You can check you current credit score and credit history with an online provider.

What are the factors to consider when comparing loans?

With so many providers offering loans, you can narrow them down by comparing rates, repayments and features. Here are some of the factors you should consider:

APR Rate

This is the interest rate at which you will be repaying the money back. Unlike savings accounts where you want the interest rate to be as high as possible in order to make money, in the case of loans, you want the APR interest rate to be as low as possible. The lower the rate, the less your monthly loan repayments will be.

Monthly Repayments and Total Payable

The figures given in loan comparison tables are an illustration based on a certain loan amount. For example, in the PocketRate loan comparison table, we use an assumed borrowing amount of £10,000 payable over a 60-month (5 year) repayment period.

Based on this assumed borrowing amount, the table breaks down how much you will be repaying each month together with the total amount you will have paid at the end of the 60 months.

These numbers are very important as it helps you budget your monthly outgoings and give you a indication as to what it will cost you in interest to take out the loan.

It is important to note that you should always visit the website of the loan provider and use their online calculator to get an exact amount based on your own borrowing requirements.

Loan Features and Benefits

After comparing rates and monthly repayment amounts, consider looking at what else the loan offers in the way of features and benefits. Some examples include:

Instant Decision

These days, most loan applications can be completed online with some providers offering you a decision on whether to give you the money within minutes of submitting your details. This can be really helpful in sorting out your finances quickly without having to wait days to find out if your application has been approved.

Defer Payments

Some loan providers offer the option of deferring your payments for a set period, usually a few months or so, before you start making your regular repayment amounts.

This can be useful if, for example, you take out a loan for home improvements and need a little space to get your monthly finances sorted out.

Payment Holidays

If you find there is a time where you are struggling to make your loan repayments, a payment holiday, also known as a repayment holiday, can give you some breathing space.

Essentially, a payment holiday is where the provider allows you to miss a payment for that month. Generally speaking, you are usually only allowed one or two payment holidays during your loan period and not every provider offers them

Make Extra Payments Without Being Charged

You may like to start making additional payments in order to try and pay off your loan early. Some providers allow you to do this without incurring charges; otherwise, you may pay fees for doing this.

PocketRate provide comparison services at no cost to the customer. PocketRate may receive a commission fee from the companies listed.