Full product details for the HSBC Flexiloan, including loan details, application criteria, rates, suitability, fee & charges, example costs, facilities, restrictions and incentives.
The representative APR is 17.9% (fixed) at a rate of 17.9% p.a. (fixed)
Loan Type
Unsecured
Minimum Loan
£500
The minimum advance is £500.
Maximum Loan
£5,000
The maximum advance is £5000.
Minimum Loan Term
1 months
The minimum loan term is 1 months.
Maximum Loan Term
ul
The maximum loan term is ulmonths.
Headline Representative APR
17.9%
17.9
Headline Representative Loan Amount
£500 to £5,000
Early Repayment Charge
0 days
The early redemption charge is equivalent of up to 0 days interest.
Deferred Start
3 months
The 3 month repayment holiday must be taken at the start of the loan and can't be offered where more than 70% of the loan is for refinancing existing borrowing.
Debt Consolidation
yes
Debt consolidation allowed.
Express Delivery
yes
Express delivery/transfer available.
Credit Rating
good
Most suited to individuals who have an average income and a recent credit history free from credit defaults, arrears, CCJs or missed payments. The majority of applicants can be described as having a good credit rating.
Availability
restricted
HSBC Personal Loans are only available to existing HSBC current account customers.
Application Criteria
Permanent UK Resident
yes
This product is only available to individuals who are permanent UK residents.
Existing Customers Only
yes
HSBC Personal Loans are only available to existing HSBC current account customers.
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
good
Most suited to individuals who have an average income and a recent credit history free from credit defaults, arrears, CCJs or missed payments. The majority of applicants can be described as having a good credit rating.
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Barclayloan Plus (Existing Customers Only) offers an arrangement fee of £0.
Customers get £9,100 to £25,000 headline representative loan amount from this Barclayloan Plus (Existing Customers Only).
0 percent arrangement fee is available to customers.
Representative Example: The representative APR is 9.9% (fixed) so if you borrow £10,000 over 4 years at a rate of 9.9% p.a. (fixed) you will repay £253.29 per month & £12,157.92 in total.
New customers will enjoy £0 minimum arrangement fee.
£7,500 to £14,950 headline representative loan amount is available.
Get 1 yr minimum loan period.
Applicants enjoy representative APR of 7.9 percent.
Representative Example: The representative APR is 7.9% (fixed) so if you borrow £10,000 over 4 years at a rate of 7.9% p.a. (fixed) you will repay £242.94 per month & £11,661.12 in total.
Minimum loan of £7,500 is available with Personal Loan.
Get a 1st payment due of 30 days from the Personal Loan.
6% introductory representative APR.
1 year minimum loan period is available.
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 £234.34 per month & £11,248.32 in total.
A minimum arrangement fee of £0 is available from Sainsbury's Bank.
This loan gives an 8.5 percent promotional representative APR.
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.