Full product details for the Barclays Barclayloan Plus (£3K+ Min Credit), including loan details, application criteria, rates, suitability, fee & charges, example costs, facilities, restrictions and incentives.
The representative APR is 6.2% (fixed) so if you borrow £10,000 over 4 years at a rate of 6.2% p.a. (fixed) you will repay £234.99 per month & £11,279.52 in total.
Loan Type
Unsecured
Minimum Loan
£10,000
The minimum advance is £10000.
Maximum Loan
£25,000
The maximum advance is £25000.
Minimum Loan Term
2 years
The minimum loan term is 24 months.
Maximum Loan Term
5 years
The maximum loan term is 60months.
Headline Representative APR
6.2%
6.2
Headline Representative Loan Amount
£10,000 to £25,000
Early Repayment Charge
30 days
The early redemption charge is equivalent of up to 30 days interest.
Deferred Start
2 months
Debt Consolidation
yes
Debt consolidation allowed.
Express Delivery
yes
Express delivery/transfer available. Free transfer of funds. Telephone applicants can sign electronically using online banking free of charge. Optional courier service to receive loan documentation for telephone applications (costs £30) available.
Credit Rating
very good
Most suited to individuals who have a substantial income and a credit history free from credit defaults, arrears, CCJs or missed payments.
Availability
restricted
Only available to Barclays Customers who have held a current account with Barclays for more than 12 months, paid £3,000 or more into their account a month, manage their accounts well and have excellent credit history.
Application Criteria
Permanent UK Resident
yes
This product is only available to individuals who are permanent UK residents.
Existing Customers Only
yes
Only available to Barclays Customers who have held a current account with Barclays for more than 12 months, paid £3,000 or more into their account a month, manage their accounts well and have excellent credit history.
Minimum Age
18 years
The minimum age is 18 years.
Minimum Income
£0
Minimum income of £0 pa required.
Geographical Restrictions
no
There are no geographical restrictions applied.
Guarantor Required
no
Credit Rating
very good
Most suited to individuals who have a substantial income and a credit history free from credit defaults, arrears, CCJs or missed payments.
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Compare Barclays Barclayloan Plus (£3K+ Min Credit) With These Loans
Representative APR of 6.3 percent is offered with the loan.
Get a deferred start of 0 month.
Nationwide offers arrangement fee of £0.
Personal Loan (Existing Customers) offers a minimum loan of £7,500.
Representative Example: The representative APR is 6.3% (fixed) so if you borrow £10,000 over 4 years at a rate of 6.3% p.a. (fixed) you will repay £235.42 per month & £11,300.16 in total.
Customers get 1 yr minimum loan period from the loan.
£0 arrangement fee is available.
The loan gives £7,000 to £15,000 promotional representative loan amount.
6.2% initial representative APR is available to customers.
Representative Example: The representative APR is 6.2% (fixed) so if you borrow £10,000 over 4 years at a rate of 6.2% p.a. (fixed) you will repay £234.99 per month & £11,279.52 in total.
Representative Example: The representative APR is 6% (fixed) so if you borrow £10,000 over 4 years at a rate of 6% p.a. (fixed) you will repay £235.20 per month & £11,289.60 in total.
The loan gives an initial representative APR of 8.5%.
Have the benefit of 8.5% representative APR from Sainsbury's Bank.
Representative Example: The representative APR is 8.5% (fixed) so if you borrow £5,000 over 2 years at a rate of 8.5% p.a. (fixed) you will repay £229.79 per month & £5,514.96 in total.