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Debt switch estimator

Compare your borrowing to a single loan

Could consolidating your debts by switching lenders make financial sense? Use our estimator to find out.

 

Loans are subject to status. Early settlement fees apply.

 

Important information

This estimator allows you to enter existing debts and compare them with a new loan. It’s not linked to a loan from us, and we make no recommendations.

The results are an estimate and depend on the information entered. The estimated repayment date for your existing debt, including the cost of credit, is capped at 10 years. If it would actually take longer to pay off, then the cost of credit would be higher and repayment date later than shown. Please read about this estimator for more information.

Debt Debt details
 
 

It’s worth noting that consolidating debts might involve payment of a higher rate of interest or charges – or both. Consolidating debts may also increase the overall period requirement for repayment. 

  • Debt switching overview Debt switching overview

    Benefits

    Swapping all your borrowing for a single loan with a new lender could have several benefits.

    Your monthly repayments could be lower, or you could repay it all sooner – and there’s the convenience of swapping several monthly payments to just the one.

    It’s worth shopping around to find a lender that suits your needs.

    Price guarantee

    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. See our price guarantee terms and conditions.

    Fixed monthly repayments

    Fixed repayments can help you to budget.

    Choose your payment term

    Depending on the loan amount.

    Top-up option

    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.

  • Eligibility Eligibility

    To apply online, you’ll need

    • A Barclays current or savings account, mortgage or Barclaycard
    • UK residency
    • To be aged 18 or above

    You can use your loan for almost anything, apart from

    • Business reasons 
    • Investments, including buying stocks and shares 
    • Timeshares
    • Purchasing property (home improvements are fine)
    • Gambling-related expenses 
    • Repaying CCJs (county court judgments)
    • A purchase made by combining this loan with any others
  • Resume an application Resume an application

    If you’ve started an application already, it’s easy to pick up where you left off.

    Log in to Online Banking here, and we’ll take you to your saved application form.

  • Our lending commitments and what we ask of you Our lending commitments

    As a lender, we have a responsibility to act fairly and as part of this we have committed to follow the Standards of Lending Practice. This note sets out some of our key responsibilities and what we ask of you, to ensure that the relationship works well for both of us.

    • We will lend responsibly and aim to provide a product that is affordable for you
    • We will provide you with information about our products and services and how they work, in a clear and understandable way, so that you can decide what’s best for you and your needs
    • We will endeavour to make sure our products and services offer, wherever possible, the flexibility to meet your needs
    • We will treat you fairly and reasonably at all times and make sure that you are provided with a high level of service
    • If you tell us about any inaccuracies, for example around the personal information we hold about you, we will act quickly to put it right
    • We will always aim to help you if we see, or you tell us, that you are having trouble financially. We will seek to understand your overall circumstances, try and identify options that you can afford and where appropriate, provide a reference to free debt advice

    What we ask of you

    • We ask you to think carefully about whether you can afford to repay the money you want to borrow and to be open in your dealings with us
    • Take care of any cards, PINs, online log-in details and other security information to help prevent fraud and help us to protect your accounts
    • Tell us as soon as possible if your card has been lost or stolen, or if you know or suspect someone is misusing your confidential information e.g. your PIN or online log-in details
    • Carefully check your account statements to make sure they are accurate. If anything isn’t right, please get in touch with us

    Please let us know if

    • Your contact details change, so we can keep our records up to date
    • Your circumstances change, particularly if what’s happened is likely to cause you difficulties in managing your account or financial problems
    • You think that you won’t be able to keep up with your repayments. The sooner you do this, the more likely it is we’ll be able to find a way to help you

    We would also encourage you to refer to the terms and conditions associated with your current account, credit card or personal loan.

How much would you like to borrow?

The calculator results here are based on the representative APR for the amount you enter. Your actual rates and repayments may differ, and will be based on your personal circumstances, the loan amount and term.

Amount
Amount
Term
Term
Months
mths 0
Monthly repayment

The same every month

Total amount payable

Loan required

APR

Based on the details you entered

Representative example

  APR Representative
based on a loan of  
repayable over   months
at an interest rate of
  pa (fixed).
Monthly repayment of  .
Total amount payable  .

Representative APR applies to loans of

How to apply

Find out the best way for you to apply for a loan.
If you have a current account with us, we could tell you your personal loan rate up front – and it won’t impact your credit score. Just make sure you read everything on this page before you apply.

*

Have a current account with us?

You can see if you’ve been pre-selected to apply for a loan – this means you can see how much you may be able to borrow, and your personal rate, in a few minutes*. All you need is

A current account with us
Online Banking or Barclays Mobile Banking

Don’t have a Barclays current account?

If you have another type of Barclays account, such as a Barclaycard, you could still get a personalised price quote.

* You need to be registered for Online Banking or Barclays Mobile Banking. Not everyone is pre-selected – if you aren’t, you won’t be able to apply in Online or Mobile Banking. Please get in touch to discuss your options.