This comparison includes unsecured loans available over 24 months.
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Zopa Personal Loan - Semi-Exclusive
Loan Amount
£1,000 to £25,000
Representative APR
3.6% APR
(£7,500 to £15,000)
Loan Term
1 year to 5 years
You must be at least 20 years old, with an annual income of at least £12,000 & have a good credit history / no CCJ's.
Representative Example: The Representative APR is 3.7% so if you borrow £10,000 over 3 years at a rate of 3.1% p.a. (fixed) plus an arrangement fee of £90 you will repay £293.81 per month & £10,577.07 in total.
Sainsbury's Bank Personal Loan Med (1-5Yrs) Non-Nectar
Loan Amount
£7,500 to £15,000
Representative APR
3.7% APR
(£7,500 to £15,000)
Loan Term
1 year to 5 years
Low rates for Sainsbury's shoppers £7,500-£15,000. 3.7% APR Representative
Representative Example: The Representative APR is 3.7% APR (fixed) so if you borrow £10,000 over 5 years at a rate of 3.7% p.a. (fixed) you will repay £182.54 per month & £10,952.40 in total.
Tesco Bank Personal Loan
Loan Amount
£1,000 to £25,000
Representative APR
3.8% APR
(£7,500 to £15,000)
Loan Term
1 year to 10 years
Representative Example: The Representative APR is 3.8% APR (fixed) so if you borrow £10,000 over 4 years at a rate of 3.8% p.a (fixed) you will repay £224.61 per month & £10,781.28 in total.
Hitachi Personal Loan
Loan Amount
£1,000 to £25,000
Representative APR
3.8% APR
(£7,500 to £10,000)
Loan Term
15 months to 5 years
Representative Example: The Representative APR is 3.8% APR (fixed) so if you borrow £7,500 over 5 years at a rate of 3.8% p.a (fixed) you will repay £137.22 per month & £8,233.20 in total.
Nationwide Personal Loan Semi-Exclusive
Loan Amount
£1,000 to £25,000
Representative APR
3.9% APR
(£7,500 to £14,950)
Loan Term
1 year to 5 years
Get a commitment-free quote and get an instant decision online. No hidden fees or set-up charges. A lower loan rate available for existing current account customers.
Representative Example: The Representative APR is 3.9% APR (fixed) so if you borrow £10,000 over 5 years at a rate of 3.9% p.a (fixed) you will repay £183.41 per month & £11,004.60 in total.
TSB Personal Loan Ex/C
Loan Amount
£1,000 to £25,000
Representative APR
3.9% APR
(£7,500 to £19,999)
Loan Term
1 year to 7 years
Available to existing customers only.
Representative Example: The Representative APR is 13.4% APR (fixed) so if you borrow £10,000 over 5 years at a rate of 12.68% p.a (fixed) you will repay £225.91 per month & £13,554.60 in total.
Santander Standard Loan (New & Ex/C Internet)
Loan Amount
£1,000 to £20,000
Representative APR
4.4% APR
(£7,500 to £20,000)
Loan Term
1 year to 5 years
Representative Example: The Representative APR is 4.4% APR (fixed) so if you borrow £10,000 over 5 years at a rate of 4.4% p.a (fixed) you will repay £185.76 per month & £11,145.60 in total.
Sainsbury's Bank Personal Loan Small >=£5K <£7.5K Non-Nectar
Loan Amount
£5,000 to £7,499
Representative APR
4.8% APR
(£5,000 to £7,499)
Loan Term
1 year to 5 years
Representative Example: The Representative APR is 4.8% APR (fixed) so if you borrow £5,000 over 5 years at a rate of 4.8% p.a. (fixed) you will repay £93.66 per month & £5,619.60 in total.
Clydesdale Bank Personal Loan
Loan Amount
£1,000 to £25,000
Representative APR
4.9% APR
(£7,500 to £14,999)
Loan Term
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 £12,500 over 3 years at a rate of 4.9% p.a (fixed) you will repay £286.97 per month & £13,774.18 in total.
NatWest Personal Loan Ex/C
Loan Amount
£1,000 to £25,000
Representative APR
4.9% APR
(£7,500 to £14,950)
Loan Term
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 £7,500 over 5 years at a rate of 4.9% p.a (fixed) you will repay £140.81 per month & £8,448.60 in total.
RBS Personal Loan Ex/C
Loan Amount
£1,000 to £25,000
Representative APR
4.9% APR
(£7,500 to £14,950)
Loan Term
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 £7,500 over 5 years at a rate of 4.9% p.a (fixed) you will repay £140.81 per month & £8,448.60 in total.
Yorkshire Bank Personal Loan
Loan Amount
£1,000 to £25,000
Representative APR
4.9% APR
(£7,500 to £14,999)
Loan Term
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 £12,500 over 4 years at a rate of 4.9% p.a (fixed) you will repay £286.97 per month & £13,774.18 in total.
Lendable 2 Year Loan
Loan Amount
£1,000 to £15,000
Representative APR
5.8% APR
(£1,000 to £15,000)
Loan Term
2 years
Online Application, instant decision & funds within 2 hrs. Repay early or overpay without charges. Rates fully personalized to circumstances.
Good credit rating required.
Representative Example: The Representative APR is 5.8% APR (fixed) so if you borrow £5000 over 2 years at a rate of 4.34% p.a. (fixed) plus an arrangement fee of 1.5% you will repay £221.15 per month & £5307.67 in total.
Sainsbury's Bank Personal Loan Large Non-Nectar
Loan Amount
£15,001 to £25,000
Representative APR
5.9% APR
(£15,001 to £25,000)
Loan Term
2 years to 7 years
Representative Example: The Representative APR is 5.9% APR (fixed) so if you borrow £20,000 over 7 years at a rate of 5.9% p.a. (fixed) you will repay £289.74 per month & £24,338.16 in total.
Ulster Bank Personal Loan Ex/C
Loan Amount
£1,000 to £25,000
Representative APR
6.4% APR
(£7,000 to £14,950)
Loan Term
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.
Sainsbury's Bank Personal Loan >£25K <=£35K Non Nectar
Loan Amount
£25,001 to £35,000
Representative APR
6.9% APR
(£25,001 to £35,000)
Loan Term
2 years to 5 years
Representative Example: The Representative APR is 6.9% APR (fixed) so if you borrow £30,000 over 5 years at a rate of 6.9% p.a. (fixed) you will repay £589.67 per month & £35,380.20 in total.
Moneyway Plus Loan
Loan Amount
£3,000 to £15,000
Representative APR
7.9% APR
(£5,001 to £7,000)
Loan Term
1 year to 5 years
Representative Example: The Representative APR is 7.9% APR (fixed) so if you borrow £7,000 over 3 years at a rate of 7.9% p.a (fixed) you will repay £218.15 per month & £7,853.40 in total.
besavvi Personal Loan
Loan Amount
£2,000 to £10,000
Representative APR
11.4% APR
(£7,500 to £10,000)
Loan Term
2 years to 5 years
Representative Example: The Representative APR is 11.4% APR (fixed) so if you borrow £7,500 over 5 years at a rate of 11.4% p.a (fixed) you will repay £162.50 per month & £9,750.00 in total.
Evolution Money Personal Loan
Loan Amount
£1,000 to £15,000
Representative APR
17.6% APR (variable)
(£1,000 to £15,000)
Loan Term
1 year to 10 years
This is an unsecured loan, but you must be a homeowner to apply as it is designed for homeowners who would prefer not to secure a loan against their property.
Representative Example: The Representative APR is 17.6% APR (variable) so if you borrow £5,000 over 5 years at a rate of 12.7% p.a (variable) plus an arrangement fee of £500.00 you will repay £122.34 per month & £7,340.67 in total.
1st Stop Homeowner Plus
Loan Amount
£1,000 to £15,000
Representative APR
18.2% APR
(£1,000 to £15,000)
Loan Term
2 year to 6 years
Get an online decision in minutes. This is an unsecured loan, but you must be a homeowner to apply as it is designed for homeowners who would prefer not to secure a loan against their property.
Available to homeowners.
Representative Example: The Representative APR is 18.2% APR (variable) so if you borrow £5,000 over 5 years at a flat rate of 13% p.a (variable) plus an arrangement fee of £375 you will repay £137.84 per month and £8645.40 in total. The fee is included in your monthly repayments.

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How to Find the Best 24 Month Loans

There are a lot of companies out there offering you the opportunity to get your hands on a 24 month loan - here's how to compare what's available and decide which one's right for you.

There's no shortage of companies offering 18 month and 2 year loans, but this doesn't mean you should pick the first one that pops up.

How much do you need to borrow?

To find the best 24 month loan, you need to decide how much you need to borrow before you even start looking at comparing or applying for one.

Whether the loan is to pay for something you're planning to buy, or to cover an unexpected expense, try to work out precisely how much you want prior to making a 24 month loan comparison.

Sometimes it can be tempting to apply for more cash than you actually need, but don't get carried away - you will have to pay back everything you borrow, and more on top of that.

How to compare 24 month loans

Once you know how much you want to borrow, you can start comparing the different loans on the market.

Check the application criteria

Each lender will have different conditions about who they will lend to and under what circumstances.

So if you know you're likely to be refused by one - maybe because you're not a certain age, don't earn a specified amount or have a poor credit history - it's best not to apply.

If you do approach a whole bunch of companies, it could well hurt your credit rating by making you appear desperate, so it's best to hedge your bets and talk only to lenders who might actually be able to help you.

Minimum and maximum loan amounts

Lenders will offer varying amounts of money, which is why it's important to have a figure in mind when looking for loans, so that you know which ones you can rule out.

Some will let you borrow a minimum of 5,000, while others will set their maximum amount at 15,000, so which ones you can choose will depend largely on your circumstances.

Companies offering unsecured loans over 2 years will lend less than those who provide secured personal loans.

Loan penalty fees and flexibility

Even for loans which you want to pay off over a certain amount of time, such as a 2 year loan, it's worth checking whether the company you're borrowing from will charge fees if you want to repay the whole amount early.

Some will charge a month or two's interest if you want to pay it back more quickly, while others could be flexible and allow overpayments, so check the contract conditions carefully.

Choosing the best loan rate for your circumstances

While lenders will provide a 'representative' Annual Percentage Rate (APR) that may seem low, it doesn't mean that applies to all their 2 year loans - far from it.

For example, a company advertising a typical APR of 4.6% on a loan of 7,500 could charge a far higher one on any other amount - even if it's for a 1,000 or 2,000 loan.

That's why it's recommended that you make a thorough 24 month loan comparison to see what each company is proposing before you apply to any.

Why it might be better to borrow with a credit card

If you're looking to borrow over 18 or 24 months, you might be better off using a credit card with 0% on balance transfers or purchases instead.

These cards don't add interest on top of the cash you've borrowed for a certain amount of time, so you can focus on paying off what you owe without having to pay extra.

If you'd rather sidestep paying the interest on a 2 year loan, these cards offer a good alternative, though you will have to pay a balance transfer or handling fee to shift your debt from another card.

Remember you will still need to meet the card provider's conditions, so only apply if you have a good chance of being accepted and can pay off what you borrowed during the 0% period.

You can find out more about using cards in this way from out guide Should I get a credit card or loan?

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