Only available to Barclays Customers who have held a current account with Barclays for more than 12 months, paid £1000 or more into their account a month, manage their accounts well and have a good credit history.
Barclays set individual rates on the basis of a customer's financial status and the amount borrowed. Therefore the rate offered may differ from the Typical APR shown. Loans are subject to status.collapse
| 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 £1000 or more into their account...expand | |||
| Minimum Age | 18 years | The minimum age is 18 years. | |||
| Minimum Income | £0 | Minimum income of £0 pa required. | |||
| Guarantor Required | no | 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. | |||
| Rates | |||||
| Headline Rate APR | 10.7% | 10.7 | |||
| Suitability | |||||
| Loan Type | Unsecured | Unsecured | |||
| Minimum Loan | £5,000 | The minimum advance is £5000. | |||
| 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. | |||
| Online Decision | no | Customers applying via Barclays online banking may receive an immediate decision. | |||
| Joint Application | no | A joint application is not acceptable. | |||
| Debt Consolidation | yes | The Barclayloan can be used to consolidate existing debts. | |||
| Fee & Charges | |||||
| Early Repayment Charge | 30 days | The early redemption charge is equivalent of up to 30 days interest. | |||
| Facilities | |||||
| Deferred Start | 1 month | 1 months | |||
| Express Delivery | yes | Customers successfully applying in Barclays branches can receive cleared funds immediately. Customers applying via Barclays online banking have the ability...expand | |||
Apply for this loan: | |||||
