Full product details for the Metro Bank Personal Loan, including loan details, application criteria, rates, suitability, fee & charges, example costs, facilities, restrictions and incentives.
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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 £242.38 per month & £11,634.24 in total.
Loan Type
Unsecured
Minimum Loan
£2,000
The minimum advance is £2000.
Maximum Loan
£25,000
The maximum advance is £25000.
Minimum Loan Term
1 year
The minimum loan term is 12 months.
Maximum Loan Term
5 years
The maximum loan term is 60months.
Headline Representative APR
7.9%
7.9
Headline Representative Loan Amount
£2,000 to £25,000
Early Repayment Charge
1%
Deferred Start
0 month
0 months
Debt Consolidation
yes
Debt consolidation allowed.
Express Delivery
no
Express delivery/transfer not 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
Available to existing Metro Bank customers only.
Application Criteria
Permanent UK Resident
yes
This product is only available to individuals who are permanent UK residents.
Existing Customers Only
yes
Available to existing Metro Bank customers only.
Minimum Age
18 years
The minimum age is 18 years.
Minimum Income
£0
Minimum income of £0 pa required.
Geographical Restrictions
yes
UK mainland only.
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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£1,000 to £1,000 headline representative loan amount is available.
Representative Example: The representative APR is 9% (fixed) so if you borrow £10,000 over 4 years at a rate of 9% p.a. (fixed) you will repay £245.25 per month & £11,772 in total. Arrangement fee £65,
Barclayloan Plus (Existing Customers Only) gives a deferred start of 0 month.
Minimum arrangement fee of £0.
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.
The Nationwide Personal Loan (Existing Customers) has a 0% arrangement fee.
The loan gives an arrangement fee of £0.
Enjoy a maximum arrangement fee of £0 from the Personal Loan (Existing Customers).
Nationwide offers maximum loan term of 5 yrs.
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.
A deferred start of 0 month is available from Ulster Bank.
£25,000 max loan is available with this loan.
Get £10,000 to £25,000 initial representative loan amount.
This Ulster Bank loan has an arrangement fee of 0 percent.
Get a minimum loan duration of 1 yr from this loan.
5 years maximum loan term is available with Personal Loan.
Representative Example: The representative APR is 9.8% (fixed) so if you borrow £10,000 over 4 years at a rate of 9.8% p.a. (fixed) you will repay £250.67 per month & £12,032.16 in total.
This Clydesdale Bank Personal Loan has £7,500 minimum loan.
£15,000 max loan.
Initial representative APR of 6% is available to you.
This loan has a 1st payment due of 30 days.
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.
New customers get 5 years maximum loan term from this loan.
£500 minimum loan is available.
Representative Example: The representative APR is 62.1% so if you borrow £3,000 over 3 years at a rate of 62.1% p.a. you will repay £161.01 per month & £5,796.36 in total.