Zopa Personal Loan | ||||

Loan Amount | Representative APR | Loan Term | ||
---|---|---|---|---|

£1,000 to £25,000 | 3.9% APR (£7,500 to £15,000) | 1 year to 5 years | ||

You must be at least 23 years old, with an annual income of at least £16,000 & have a good credit history / no CCJ's. | ||||

Representative Example: The Representative APR is 3.9% APR so if you borrow £7,500 over 3 years at a rate of 3.50% p.a. (fixed) you will repay £221.03 per month & £7,957 in total. This includes a £70 fee. | ||||

Hitachi Personal Finance Personal Loan | ||||

Loan Amount | Representative APR | Loan Term | ||

£2,500 to £25,000 | 4.0% APR (£7,500 to £10,000) | 2 years to 5 years | ||

Representative Example: The Representative APR is 4% APR (fixed) so if you borrow £10,000 over 4 years at a rate of 4% APR p.a. (fixed) you will repay £225.47 per month & £10,822.56 in total. | ||||

Tesco Bank Personal Loan | ||||

Loan Amount | Representative APR | Loan Term | ||

£1,000 to £25,000 | 4.1% APR (£7,500 to £15,000) | 1 year to 10 years | ||

Representative Example: The Representative APR is 4.1% APR (fixed) so if you borrow £10,000 over 4 years at a rate of 4.1% APR p.a. (fixed) you will repay £225.90 per month & £10,843.20 in total. | ||||

AA Loan | ||||

Loan Amount | Representative APR | Loan Term | ||

£1,000 to £25,000 | 4.1% APR (£7,500 to £15,000) | 1 year to 5 years | ||

Free AA Breakdown cover for a year or half price upgrade for existing AA Breakdown members. For T&C’s see website. Excellent credit rating required. Homeowners are more likely to be accepted. | ||||

Representative Example: The Representative APR is 4.1% APR (fixed) so if you borrow £10,000 over 4 years at a rate of 4.1% APR p.a. (fixed) you will repay £226.77 per month & £10,884.96 in total. | ||||

Nationwide Personal Loan Ex/C | ||||

Loan Amount | Representative APR | Loan Term | ||

£1,000 to £25,000 | 4.2% APR (£7,500 to £14,999 ) | 1 year to 5 years | ||

Available to existing customers only. | ||||

Representative Example: The Representative APR is 4.2% APR (fixed) so if you borrow £10,000 over 4 years at a rate of 4.2% APR p.a. (fixed) you will repay £226.33 per month & £10,863.84 in total. | ||||

Santander Internet Loan | ||||

Loan Amount | Representative APR | Loan Term | ||

£1,000 to £20,000 | 4.3% APR (£7,500 to £15,000) | 1 year to 5 years | ||

You must have a direct debit facility. | ||||

Representative Example: The Representative APR is 4.3% APR (fixed) so if you borrow £10,000 over 4 years at a rate of 4.3% APR p.a. (fixed) you will repay £226.77 per month & £10,884.96 in total. | ||||

Nationwide Personal Loan | ||||

Loan Amount | Representative APR | Loan Term | ||

£1,000 to £25,000 | 4.5% APR (£7,500 to £14,999) | 1 year to 5 years | ||

Representative Example: The Representative APR is 4.5% APR (fixed) so if you borrow £10,000 over 5 years at a rate of 4.5% p.a. (fixed) you will repay £186.02 per month & £11,161.20 in total. | ||||

RBS Personal Loan Ex/C | ||||

Loan Amount | Representative APR | Loan Term | ||

£1,000 to £25,000 | 4.9% APR (£7,500 to £14,999) | 1 year to 7 years | ||

If you choose to repay your loan early, an early redemption charge of up to 58 days' interest will apply. Other loan amounts are available at alternative rates. Rates depend on circumstances and loan amount. Available to existing customers only. | ||||

Representative Example: The Representative APR is 4.9% APR (fixed) so if you borrow £10,000 over 4 years at a rate of 4.9% APR p.a. (fixed) you will repay £229.36 per month & £11,009.28 in total. | ||||

NatWest Personal Loan Ex/C | ||||

Loan Amount | Representative APR | Loan Term | ||

£1,000 to £25,000 | 4.9% APR (£7,500 to £14,999) | 1 year to 7 years | ||

If you choose to repay your loan early, an early redemption charge of up to 58 days' interest will apply. Other loan amounts are available at alternative rates. Rates depend on circumstances and loan amount. Available to existing customers only. | ||||

Representative Example: The Representative APR is 4.9% APR (fixed) so if you borrow £10,000 over 4 years at a rate of 4.9% APR p.a. (fixed) you will repay £229.36 per month & £11,009.28 in total. | ||||

Clydesdale Bank Personal Loan | ||||

Loan Amount | Representative APR | Loan Term | ||

£1,000 to £25,000 | 4.9% APR (£7,500 to £14,999) | 1 year to 7 years | ||

Apply online and get an instant decision. Any purpose loans. You can repay your loan in full and part at any time and they'll reduce the total credit payable under the agreement. Rates available online, in branch and via telephone. | ||||

Representative Example: The Representative APR is 4.9% APR (fixed) so if you borrow £10,000 over 4 years at a rate of 4.9% APR p.a. (fixed) you will repay £229.57 per month & £11,019.36 in total. | ||||

Yorkshire Bank Personal Loan | ||||

Loan Amount | Representative APR | Loan Term | ||

£1,000 to £25,000 | 4.9% APR (£15,000 to £25,000) | 1 year to 7 years | ||

Apply online and get an instant decision. Any purpose loans. You can repay your loan in full and part at any time and they'll reduce the total credit payable under the agreement. Rates available online, in branch and via telephone. | ||||

Representative Example: The Representative APR is 4.9% APR (fixed) so if you borrow £15,000 over 4 years at a rate of 4.9% APR p.a. (fixed) you will repay £344.35 per month & £16,528.80 in total. | ||||

RateSetter 1 Year Loan | ||||

Loan Amount | Representative APR | Loan Term | ||

£1,000 to £25,000 | 5.4% APR (£4,000 to £4,999) | 1 year to 23 months | ||

Quick and simple online process, approval within 24 hours. No early repayment charges and all fees are included in the APR. Need good credit history. | ||||

Representative Example: The Representative APR is 6% APR (fixed) at a rate of 6% APR p.a. (fixed) Arrangement fee from £58.80. | ||||

Ulster Bank Personal Loan Ex/C | ||||

Loan Amount | Representative APR | Loan Term | ||

£1,000 to £25,000 | 6.4% APR (£7,000 to £14,950) | 1 year to 5 years | ||

Available to existing customers only. | ||||

Representative Example: The Representative APR is 6.4% APR (fixed) so if you borrow £7,500 over 5 years at a rate of 6.4% p.a. (fixed) you will repay £145.76 per month & £8,745.60 in total. | ||||

Moneyway Plus Loan | ||||

Loan Amount | Representative APR | Loan Term | ||

£3,000 to £15,000 | 7.5% APR (£7,001 to £15,000) | 1 year to 5 years | ||

Representative Example: The Representative APR is 7.9% APR so if you borrow £7,000 over 18 months at a rate of 7.9% p.a. (fixed) you will repay £412.79 per month & £7,430.22 in total. | ||||

Quid Cycle 2 Year Loan | ||||

Loan Amount | Representative APR | Loan Term | ||

£1,000 to £25,000 | 10.5% APR (£5,000 - £25,000) | 2 years | ||

The Representative APR is 10.5% APR (fixed) so if you borrow £7,500 over 24 months at a rate of 10.5% p.a. (fixed)you will repay £348 per month & £8,352 in total. | ||||

Quid Cycle 3 Year Loan | ||||

Loan Amount | Representative APR | Loan Term | ||

£1,000 to £25,000 | 11% APR (£5000 - £25,000) | 3 years | ||

The Representative APR is 11% APR (fixed) so if you borrow £7,500 over 36 months at a rate of 11% p.a. (fixed)you will repay £245 per month & £8,820 in total. | ||||

Quid Cycle 4 Year Loan | ||||

Loan Amount | Representative APR | Loan Term | ||

£1,000 to £25,000 | 11.5% APR (£5000 - £25,000) | 4 years | ||

The Representative APR is 11.5% APR (fixed) so if you borrow £7,500 over 48 months at a rate of 11.5% p.a. (fixed)you will repay £196 per month & £9,408 in total. | ||||

Quid Cycle 5 Year Loan | ||||

Loan Amount | Representative APR | Loan Term | ||

£1,000 to £25,000 | 12% APR (£5000 - £25,000) | 5 years | ||

The Representative APR is 12% APR (fixed) so if you borrow £7,500 over 60 months at a rate of 12% p.a. (fixed)you will repay £167 per month & £10,020 in total. | ||||

Quid Cycle 1 Year Loan | ||||

Loan Amount | Representative APR | Loan Term | ||

£1,000 to £25,000 | 14% APR (£5000 - £25,000) | 1 year | ||

The Representative APR is 14% APR (fixed) so if you borrow £7,500 over 12 months at a rate of 14% p.a. (fixed)you will repay £674 per month & £8,088 in total. | ||||

Moneyway Personal Loan | ||||

Loan Amount | Representative APR | Loan Term | ||

£1,000 to £15,000 | 18.9% APR (£12,001 to £15,000) | 1 year to 5 years | ||

Representative Example: The Representative APR is 24.9% APR so if you borrow £5,000 over 4 years at a rate of 22.46% p.a. (fixed) you will repay £158.73 per month & £7,619.04 in total. |

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Borrowing money is a fact of life for most people whether it's a large purchase such as buying a new home, or a smaller splurge such as a new sofa. Whether £5,000 or £15,000 loan interest rates make a massive difference to the cost.

Whilst it's always important to get a good deal, if you are looking to borrow a larger amount, such as a £15,000 loan, getting a competitive rate is particularly important.

We take a look at how to compare the cheapest loans for £15,000 and how to work out which is the best deal for you.

## Working out £15,000 loan repayments

When you're comparing loans the Representative APR will give you an indication of the interest rate you could get.

The higher the APR, the more interest you will be paying and the more expensive the loan will be. To get the best loan deals for £15,000 you need to look for the lowest APR for this amount. However, Representative APRs aren't guaranteed for everyone; instead it's the rate that at least 51% of borrowers get.

So in order to work out exactly how much your borrowing will cost, you will need a £15,000 loan calculator. This will tell you in monetary terms how much the repayments will be each month.

If a low monthly repayment is your priority, you may want to stretch a £15,000 loan over 10 years as this will keep the instalments low. If you can afford to pay a bit more each month, you may want to clear your debt more quickly by taking out either a £15,000 loan over 5 years or even a £15,000 loan over 3 years.

Be aware however, that even though a loan over a longer period may mean cheaper monthly instalments, the overall cost will be more expensive. For this reason alone it's a good idea to spread your repayments over the shortest period possible.

If you carry out a cheap £15000 loans comparison you will be able to not only compare the loan repayments but also look at the total end cost. This is also known as the TAR - the total amount repayable - and will show you how much you will have to pay back in total by the end of the term.

## Where to find the best £15,000 personal loans

One thing worth bearing in mind is your credit rating as this will have a bearing on the overall cost and the interest rate you are charged.

Most lenders will indicate the minimum credit rating they'll accept so it's not worth applying if you don't fit the bill. Many now offer a pre application approval check which will indicate your likelihood of getting accepted. If you get offered this option take it because it should give you an idea of whether it's worth applying.

The best way to source the most competitive deal for you is to carry out a cheap £15,000 loans comparison. This will help you to compare best £15,000 loan payments to find one where the repayment terms fits your needs but the total amount repayment is still as low as possible.