Zopa Personal Loan
Loan AmountRepresentative APRLoan Term
£1,000 to £25,0004.0%
(£7,500 to £15,000)
2 years 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 4.7% so if you borrow £10,000 over 3 years at a rate of 4.7% p.a. (fixed) you will repay £298.14 per month & £10,733.04 in total.
Hitachi Personal Finance Personal Loan
Loan AmountRepresentative APRLoan Term
£2,500 to £25,0004.1%
(£7,500 to £10,000)
2 years to 5 years
Representative Example: The Representative APR is 4.1% (fixed) so if you borrow £10,000 over 4 years at a rate of 4.1% p.a. (fixed) you will repay £225.90 per month & £10,843.20 in total.
Tesco Bank Personal Loan
Loan AmountRepresentative APRLoan Term
£3,000 to £25,0004.1%
(£7,500 to £15,000)
1 year to 10 years
Representative Example: The Representative APR is 4.1% (fixed) so if you borrow £10,000 over 4 years at a rate of 4.1% p.a. (fixed) you will repay £225.90 per month & £10,843.20 in total.
AA Loan
Loan AmountRepresentative APRLoan Term
£1,000 to £25,0004.1%
(£7,500 to £15,000)
2 years to 5 years
Plus free AA Breakdown cover for a year. 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% (fixed) so if you borrow £10,000 over 4 years at a rate of 4.1% p.a. (fixed) you will repay £226.77 per month & £10,884.96 in total.
Santander Internet Loan
Loan AmountRepresentative APRLoan Term
£1,000 to £20,0004.3%
(£7,500 to £15,000)
1 year to 5 years
Representative Example: The Representative APR is 4.3% (fixed) so if you borrow £10,000 over 4 years at a rate of 4.3% p.a. (fixed) you will repay £226.94 per month & £10,893.12 in total.
RBS Internet Loan Ex/C
Loan AmountRepresentative APRLoan Term
£1,000 to £25,0004.9%
(£7,500 to £14,950)
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% (fixed) so if you borrow £10,000 over 4 years at a rate of 4.9% p.a. (fixed) you will repay £229.36 per month & £11,009.28 in total.
Clydesdale Bank Personal Loan
Loan AmountRepresentative APRLoan Term
£1,000 to £25,0004.9%
(£7,500 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.
Representative Example: The Representative APR is 4.9% (fixed) so if you borrow £10,000 over 4 years at a rate of 4.9% p.a. (fixed) you will repay £229.57 per month & £11,019.36 in total.
Yorkshire Bank Personal Loan
Loan AmountRepresentative APRLoan Term
£1,000 to £25,0004.9%
(£7,500 to £25,000)
1 year to 7 years
Representative Example: The Representative APR is 4.9% (fixed) so if you borrow £10,000 over 4 years at a rate of 4.9% p.a. (fixed) you will repay £229.57 per month & £11,019.36 in total.
Nationwide Personal Loan Ex/C
Loan AmountRepresentative APRLoan Term
£1,000 to £25,0005.9%
(£7,500 to £14,999 )
1 year to 5 years
Available to existing customers only.
Representative Example: The Representative APR is 5.9% (fixed) so if you borrow £10,000 over 4 years at a rate of 5.9% p.a. (fixed) you will repay £233.69 per month & £11,217.12 in total.
Nationwide Personal Loan
Loan AmountRepresentative APRLoan Term
£7,500 to £25,0006.2%
(£7,500 to £14,999)
1 year to 5 years
Representative Example: The representative APR is 6.2% (fixed) so if you borrow £11,000 over 51 months at a rate of 6.2% p.a. (fixed) you will repay £245.04 per month & £12,497.04 in total.
Ulster Bank Personal Loan
Loan AmountRepresentative APRLoan Term
£1,000 to £25,0006.4%
(£7,000 to £14,950)
1 year to 5 years
You must be an existing Ulster Bank customer and be registered for Anytime banking to apply online.
Representative Example: The Representative APR is 6.4% (fixed) so if you borrow £10,000 over 4 years at a rate of 6.4% p.a. (fixed) you will repay £235.86 per month & £11,321.28 in total.
NatWest Personal Loan Ex/C
Loan AmountRepresentative APRLoan Term
£1,000 to £25,0006.4%
(£7,500 to £14,950)
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 6.4% (fixed) so if you borrow £10,000 over 4 years at a rate of 6.4% p.a. (fixed) you will repay £235.77 per month & £11,316.96 in total.
Moneyway Plus Loan
Loan AmountRepresentative APRLoan Term
£3,000 to £15,0007.5%
(£7,001 to £15,000)
1 year to 5 years
Representative Example: The Representative APR is 7.9% 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.
1st Stop Personal Loans Homeowner Plus
Loan AmountRepresentative APRLoan Term
£1,000 to £10,00018.2%
(£1,000 to £10,000)
1 year to 6 years
Representative Example: The Representative APR is 18.21% so if you borrow £5,000 over 5 years at a rate of 8.5% (fixed) you will repay £124.59 per month and £7,475.40 in total. The total charge for credit is £2,475.40 which includes a processing fee of £375.
Moneyway Personal Loan
Loan AmountRepresentative APRLoan Term
£1,000 to £15,00018.9%
(£12,001 to £15,000)
1 year to 5 years
Representative Example: The Representative APR is 24.9% 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.
Opal Loans Personal Loan
Loan AmountRepresentative APRLoan Term
£2,000 to £10,00024.9%
(£2,000 to £10,000)
2 years to 5 years
Opal Loans offers a loan broking service. Please only apply if you are a home owner, aged 25 to 72, earning £15,000 per annum, and making regular payments to your mortgage.
Representative Example: Representative 24.9% APR (variable). Borrow £5,000 and pay £198.53 a month for 36 months. The Total Interest Payable is £2,147.08. The Total Amount Payable is £7,147.08.
1st Stop Personal Loans Homeowner
Loan AmountRepresentative APRLoan Term
£1,000 to £5,00037.2%
(£1,000 to £5,000)
1 year to 3 years
Representative Example: The Representative APR is 37.2% APR so if you borrow £3,000 over 3 years at a rate of 17.0% (fixed) you will repay £132.19 per month and £4,758.84 in total. The total charge for credit is £1,758.84 which includes a processing fee of £225.
Everydayloans Duo Loan
Loan AmountRepresentative APRLoan Term
£1,000 to £5,00039.9%
(£1,000 to £5,000)
13 months to 5 years
The duo Loan from Everydayloans is one of The lowest cost Guarantor Loans in the UK, there are no upfront or late fee's, if you can afford the loan repayments and have a guarantor that's a UK homeowner we can help.
Your guarantor must be a homeowner.
Representative Example: The Representative APR is 39.9% (variable) so if you borrow £1,000 over 2 years at a rate of 34.0% p.a. (variable) you will repay £57.99 per month & £1391.76 in total.
GuarantorUs Loans Unsecured Guarantor Loan
Loan AmountRepresentative APRLoan Term
£1,000 to £5,00045.0%
(£1,000 to £5,000)
1 year to 5 years
Your guarantor does not even have to be a homeowner, tenants and other non-homeowners also considered.
Your guarantor must be a homeowner.
Representative Example: The representative APR is 45.0% (variable) so if you borrow £5,000 over 2 years at a rate of 37.77% p.a. (variable) you will repay £299.96 per month & £7,198.98 in total.
UK Credit Ltd Guarantor Loan
Loan AmountRepresentative APRLoan Term
£1,000 to £7,50045.3%
(£3,500 to £7,500)
1 year to 5 years
UK Credit is a specialist no fee guarantor loan provider. Lending from £1000 - £7500.00 if you have a guarantor who is a homeowner to support your application. We can also lend to you if your guarantor is a tenant (see link below)
Your guarantor must be a homeowner.
Representative Example: £4,000 over 4 years, representative 45.3% APR fixed. Monthly payment £163.12. Annual interest rate 37.96% fixed. Interest payable £3,829.76. Total repayable £7,829.76.

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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.

One Pound

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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