Know your personal rate before you apply
A representative APR is the rate that most customers will get, but yours could be different. With some lenders, you won’t know your actual rate until you’ve applied. And if you’re not happy with the APR you’re offered, your credit rating could still be affected even if you don’t take out the loan. We’re different – in many cases we can give you a personalised price quote up front, with no impact on your credit score.
You could get your money straightaway
If you apply online1 and your application is approved, provided you can print or download your agreement and sign it online between 7am and 10:30pm, we'll usually transfer the money to your current account straightaway3.
If you take out a Barclayloan and another lender offers you a like-for-like unsecured loan with a lower APR, you can claim under our guarantee within 30 days of the date we signed your Barclayloan agreement. We’ll reduce the interest rate to produce an APR equal to the competing offer and recalculate your monthly repayments to reflect the reduced interest rate. Please see our full Price Guarantee terms and conditions.
Simple loan terms
You’ll get a fixed monthly repayment to help you budget.
Plus, you can choose your payment term depending on the loan amount you want to borrow. This means that you can repay your loan over a longer or shorter period of time, to suit your needs.
Already have a Barclayloan and need more funds? You can apply to increase your borrowing with us.
If you just want to take out a second loan instead of topping up, that could be an option too.
Repaying your loan early
You have the right to repay your loan early, in part or full, at any time. We’ll charge a fee equal to 30 days’ interest on the amount you’re repaying, as well as any other interest that’s due.