Compare low interest loans from all the lenders currently offering low cost loan deals in the UK and find cheap interest loans that you can apply for in minutes. Our comparison of the best personal loan interest rates on offer makes it easy for you to access affordable borrowing by finding the cheapest low interest rate loans possible.

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Loan | Representative APR | For Loan Amounts | Term | ||||||||||||||||||||||||||||||||||||||||||||||

Minimum | Maximum | Minimum | Maximum | ||||||||||||||||||||||||||||||||||||||||||||||

Promoted Results | |||||||||||||||||||||||||||||||||||||||||||||||||

Zopa Personal Loan | £1,000 | £20,000 | 4.3% | £7,500 to £15,000 | 2 years | 5 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 4.3% so if you borrow £10,000 over 3 years at a rate of 4.3% p.a. (fixed) you will repay £296.42 per month & £10,671.12 in total. 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. | |||||||||||||||||||||||||||||||||||||||||||||||||

Clydesdale Bank Personal Loan | £1,000 | £25,000 | 4.4% | £7,500 to £15,000 | 1 year | 7 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 4.4% (fixed) so if you borrow £10,000 over 4 years at a rate of 4.4% p.a. (fixed) you will repay £227.20 per month & £10,905.60 in total. 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. | |||||||||||||||||||||||||||||||||||||||||||||||||

Yorkshire Bank Personal Loan | £1,000 | £25,000 | 4.4% | £7,500 to £15,000 | 1 year | 7 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 4.4% (fixed) so if you borrow £10,000 over 4 years at a rate of 4.4% p.a. (fixed) you will repay £227.20 per month & £10,905.60 in total. | |||||||||||||||||||||||||||||||||||||||||||||||||

Tesco Bank Personal Loan | £3,000 | £25,000 | 4.5% | £7,500 to £15,000 | 1 year | 10 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 4.5% (fixed) so if you borrow £10,000 over 4 years at a rate of 4.5% p.a. (fixed) you will repay £227.62 per month & £10,925.76 in total. | |||||||||||||||||||||||||||||||||||||||||||||||||

Hitachi Personal Finance Personal Loan | £2,500 | £25,000 | 4.5% | £7,500 to £10,000 | 2 years | 5 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 4.5% (fixed) so if you borrow £10,000 over 4 years at a rate of 4.5% p.a. (fixed) you will repay £227.63 per month & £10,926.24 in total. | |||||||||||||||||||||||||||||||||||||||||||||||||

Sainsbury's Bank Standard Medium Loan (4-5 Yrs) | £7,500 | £15,000 | 4.5% | £7,500 to £15,000 | 4 years | 5 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 4.5% (fixed) so if you borrow £10,000 over 4 years at a rate of 4.5% p.a. (fixed) you will repay £227.63 per month & £10,926.24 in total. Different rates apply if you don't have a Nectar Card. | |||||||||||||||||||||||||||||||||||||||||||||||||

Santander Internet Loan | £1,000 | £20,000 | 4.5% | £7,500 to £15,000 | 1 year | 5 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 4.5% (fixed) so if you borrow £10,000 over 4 years at a rate of 4.5% p.a. (fixed) you will repay £227.63 per month & £10,926.24 in total. | |||||||||||||||||||||||||||||||||||||||||||||||||

Derbyshire Building Society Personal Loan | £5,000 | £20,000 | 4.6% | £7,500 to £15,000 | 1 year | 5 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 4.6% (fixed) so if you borrow £10,000 over 4 years at a rate of 4.6% p.a. (fixed) you will repay £228.06 per month & £10,946.88 in total. For a limited time, get 4.6% APR Representative for loans between £7,500 and £15,000. | |||||||||||||||||||||||||||||||||||||||||||||||||

AA Loan | £3,000 | £25,000 | 4.7% | £7,500 to £15,000 | 2 years | 5 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 4.7% (fixed) so if you borrow £10,000 over 4 years at a rate of 4.7% p.a. (fixed) you will repay £228.49 per month & £10,967.52 in total. One year term is available for loans under £5,000. | |||||||||||||||||||||||||||||||||||||||||||||||||

M&S Bank Personal Loan (New Customers) | £1,000 | £25,000 | 4.8% | £7,500 to £15,000 | 1 year | 7 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 4.8% (fixed) so if you borrow £10,000 over 4 years at a rate of 4.8% p.a. (fixed) you will repay £228.93 per month & £10,988.64 in total. To apply for an M&S Personal Loan you have to be a UK resident aged 30 or over or a homeowner. To apply for an M&S Loan, you must have an annual income of at least £10,000 and be aged 30 or over, or a homeowner aged 18 or over. | |||||||||||||||||||||||||||||||||||||||||||||||||

RBS Internet Loan (Existing Customers) | £1,000 | £25,000 | 4.9% | £7,500 to £14,950 | 1 year | 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 £229.36 per month & £11,009.28 in total. Available to existing customers only. 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. | |||||||||||||||||||||||||||||||||||||||||||||||||

Shawbrook Bank Platinum Exclusive Secured Loan | £20,000 | £100,000 | 5.0% | --- | 3 years | 25 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 5% (variable) so if you borrow £20,000 over 10 years at a rate of 4.9% p.a. (variable) you will repay £211.15 per month & total amount payable £25,455.60. You must be a homeowner to apply as this loan will be secured against your home. Exclusively available when you get a quote through money.co.uk. | |||||||||||||||||||||||||||||||||||||||||||||||||

Sainsbury's Bank Standard Small Loan (£5K-£7499) (4-5 Yrs) | £5,000 | £7,499 | 5.7% | £5,000 to £7,499 | 4 years | 5 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 5.7% (fixed) so if you borrow £5,000 over 4 years at a rate of 5.7% p.a. (fixed) you will repay £116.41 per month & £5,587.68 in total. | |||||||||||||||||||||||||||||||||||||||||||||||||

Nationwide Personal Loan | £7,500 | £25,000 | 6.2% | £7,500 to £14,999 | 1 year | 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. | |||||||||||||||||||||||||||||||||||||||||||||||||

Nemo Personal Finance Nemo's cheapest Secured Loan | £40,000 | £200,000 | 6.2% variable | --- | 3 years | 25 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 6.2% (variable) so if you borrow £100000 over 25 years at a rate of 5.592% p.a. (variable) you will repay £644.38 per month & total amount payable £154,651.20. You must be a homeowner to apply as this loan will be secured against your home. | |||||||||||||||||||||||||||||||||||||||||||||||||

NatWest Personal Loan | £1,000 | £25,000 | 6.4% | £7,500 to £14,950 | 1 year | 7 years | |||||||||||||||||||||||||||||||||||||||||||

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. Available to existing customers only. 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. | |||||||||||||||||||||||||||||||||||||||||||||||||

Sainsbury's Bank Standard Medium Loan (5+ Yrs) | £7,500 | £15,000 | 6.5% | £7,500 to £15,000 | 61 months | 7 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 6.5% (fixed) so if you borrow £10,000 over 7 years at a rate of 6.5% p.a. (fixed) you will repay £147.60 per month & £12,398.40 in total. | |||||||||||||||||||||||||||||||||||||||||||||||||

Sainsbury's Bank Standard Large Loan (5+ Yrs) | £15,001 | £25,000 | 6.6% | £15,001 to £25,000 | 61 months | 7 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 6.6% (fixed) so if you borrow £20,000 over 7 years at a rate of 6.60% p.a. (fixed) you will repay £296.10 per month & £24,872.40 in total. | |||||||||||||||||||||||||||||||||||||||||||||||||

RateSetter 1 Year Loan | £1,000 | £25,000 | 6.7% | £5,000 to £14,999 | 1 year | 23 months | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 6.7% (fixed) at a rate of 6.7% p.a. (fixed)Arrangement fee £115.75. Quick and simple online process, approval within 24 hours. No early repayment charges and all fees are included in the APR. Need good credit history. | |||||||||||||||||||||||||||||||||||||||||||||||||

Prestige Finance Super Sized Secured Loan from 6.5% | £100,000 | £2,500,000 | 6.86% variable | --- | 3 years | 25 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 6.86% (variable) so if you borrow £500000 over 20 years at a rate of 6.5% p.a. (variable) you will repay £3772.56 per month & total amount payable £905,414.40. You must be a homeowner to apply as this loan will be secured against your home. | |||||||||||||||||||||||||||||||||||||||||||||||||

Moneyway Plus Loan | £3,000 | £15,000 | 7.5% | £7,001 to £15,000 | 1 year | 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. | |||||||||||||||||||||||||||||||||||||||||||||||||

Prestige Finance Super Sized Secured Loan from 7.5% | £100,000 | £2,500,000 | 7.84% variable | --- | 3 years | 25 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 7.84% (variable) so if you borrow £1000000 over 25 years at a rate of 7.5% p.a. (variable) you will repay £7434.21 per month & total amount payable £2,230,263.00. You must be a homeowner to apply as this loan will be secured against your home. | |||||||||||||||||||||||||||||||||||||||||||||||||

Nemo Personal Finance Part of the Principality Building Society Group | £40,000 | £200,000 | 8.3% variable | --- | 3 years | 25 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 8.3% (variable) so if you borrow £50000 over 20 years at a rate of 7.008% p.a. (variable) you will repay £418.92 per month & total amount payable £100,540.80. You must be a homeowner to apply as this loan will be secured against your home. | |||||||||||||||||||||||||||||||||||||||||||||||||

Shawbrook Bank Flexible low rate Secured Loan | £100,001 | £150,000 | 8.3% variable | --- | 3 years | 25 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 8.3% (variable) so if you borrow £150000 over 20 years at a rate of 7.5% p.a. (variable) you will repay £1254.15 per month & total amount payable £300,996.00. You must be a homeowner to apply as this loan will be secured against your home. | |||||||||||||||||||||||||||||||||||||||||||||||||

Nemo Personal Finance Secured Loans for Self Employed 6.7% APR | £40,000 | £200,000 | 8.4% variable | --- | 3 years | 25 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 8.4% (variable) so if you borrow £40000 over 10 years at a rate of 6.54% p.a. (variable) you will repay £384.26 per month & total amount payable £46,111.20. You must be a homeowner to apply as this loan will be secured against your home. | |||||||||||||||||||||||||||||||||||||||||||||||||

Prestige Finance Prestige Finance most affordable secured loan | £10,000 | £100,000 | 8.47% variable | --- | 3 years | 25 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 8.47% (variable) so if you borrow £50000 over 15 years at a rate of 6.75% p.a. (variable) you will repay £482.28 per month & total amount payable £86,810.40. You must be a homeowner to apply as this loan will be secured against your home. | |||||||||||||||||||||||||||||||||||||||||||||||||

Shawbrook Bank Flexible low rate Secured Loan | £150,001 | £200,000 | 8.5% variable | --- | 3 years | 25 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 8.5% (variable) so if you borrow £175000 over 20 years at a rate of 7.75% p.a. (variable) you will repay £1484.52 per month & total amount payable £356,284.80. You must be a homeowner to apply as this loan will be secured against your home. | |||||||||||||||||||||||||||||||||||||||||||||||||

Shawbrook Bank Low rate Secured Loan 8.75% | £200,000 | £500,000 | 8.5% variable | --- | 3 years | 25 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 8.5% (variable) so if you borrow £175000 over 20 years at a rate of 8.75% p.a. (variable) you will repay £1484.52 per month & total amount payable £356,284.80. You must be a homeowner to apply as this loan will be secured against your home. | |||||||||||||||||||||||||||||||||||||||||||||||||

Nemo Personal Finance Low Rate secured loan from 7% | £7,500 | £39,999 | 8.9% variable | --- | 3 years | 25 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 8.9% (variable) so if you borrow £30000 over 15 years at a rate of 7.008% p.a. (variable) you will repay £296.76 per month & total amount payable £53,416.80. You must be a homeowner to apply as this loan will be secured against your home. | |||||||||||||||||||||||||||||||||||||||||||||||||

Shawbrook Bank Shawbrook Banks lowest standard rate | £20,000 | £100,000 | 9.2% variable | --- | 3 years | 25 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 9.2% (variable) so if you borrow £40000 over 15 years at a rate of 6.9% p.a. (variable) you will repay £402.23 per month & total amount payable £72,401.40. You must be a homeowner to apply as this loan will be secured against your home. | |||||||||||||||||||||||||||||||||||||||||||||||||

Shawbrook Bank Flexible low rate Secured Loan | £100,001 | £150,000 | 9.2% variable | --- | 3 years | 25 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 9.2% (variable) so if you borrow £40000 over 15 years at a rate of 6.9% p.a. (variable) you will repay £402.23 per month & total amount payable £72,401.40. You must be a homeowner to apply as this loan will be secured against your home. | |||||||||||||||||||||||||||||||||||||||||||||||||

Prestige Finance Part of the One Savings Bank Group | £10,000 | £100,000 | 9.69% variable | --- | 3 years | 25 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 9.69% (variable) so if you borrow £40000 over 15 years at a rate of 7.5% p.a. (variable) you will repay £421.58 per month & total amount payable £74,253.60. You must be a homeowner to apply as this loan will be secured against your home. | |||||||||||||||||||||||||||||||||||||||||||||||||

Shawbrook Bank Flexible low rate Secured Loan | £20,000 | £100,000 | 9.7% variable | --- | 3 years | 25 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 9.7% (variable) so if you borrow £50000 over 15 years at a rate of 7.7% p.a. (variable) you will repay £516.41 per month & total amount payable £92,953.80. You must be a homeowner to apply as this loan will be secured against your home. | |||||||||||||||||||||||||||||||||||||||||||||||||

Prestige Finance Super Sized Secured Loan from 9.4% | £100,000 | £2,500,000 | 9.87% variable | --- | 3 years | 25 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 9.87% (variable) so if you borrow £1500000 over 25 years at a rate of 9.4% p.a. (variable) you will repay £13053.29 per month & total amount payable £3,915,987.00. You must be a homeowner to apply as this loan will be secured against your home. | |||||||||||||||||||||||||||||||||||||||||||||||||

Nemo Personal Finance Secured Loans for Self Employed 8.2% APR | £40,000 | £200,000 | 10% variable | --- | 3 years | 25 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 10% (variable) so if you borrow £40000 over 10 years at a rate of 7.944% p.a. (variable) you will repay £419.07 per month & total amount payable £50,288.40. You must be a homeowner to apply as this loan will be secured against your home. | |||||||||||||||||||||||||||||||||||||||||||||||||

Nemo Personal Finance New larger loan product | £75,000 | £20,000 | 10.5% variable | --- | 3 years | 25 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 10.5% (variable) so if you borrow £100000 over 25 years at a rate of 9.516% p.a. (variable) you will repay £909.8 per month & total amount payable £272,940.00. You must be a homeowner to apply as this loan will be secured against your home. | |||||||||||||||||||||||||||||||||||||||||||||||||

Nemo Personal Finance High LTV secured loan | £7,500 | £100,000 | 10.7% variable | --- | 3 years | 25 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 10.7% (variable) so if you borrow £40000 over 15 years at a rate of 8.592% p.a. (variable) you will repay £435.66 per month & total amount payable £78,418.80. You must be a homeowner to apply as this loan will be secured against your home. | |||||||||||||||||||||||||||||||||||||||||||||||||

Nemo Personal Finance Secured loan at competitive rate | £7,500 | £39,999 | 10.9% variable | --- | 3 years | 25 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 10.9% (variable) so if you borrow £15000 over 10 years at a rate of 7.2% p.a. (variable) you will repay £201.27 per month & total amount payable £24,152.40. You must be a homeowner to apply as this loan will be secured against your home. | |||||||||||||||||||||||||||||||||||||||||||||||||

Nemo Personal Finance Secured Loans for Self Employed 8.4% APR | £7,500 | £39,999 | 10.9% variable | --- | 3 years | 25 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 10.9% (variable) so if you borrow £15000 over 10 years at a rate of 8.124% p.a. (variable) you will repay £201.27 per month & total amount payable £24,152.40. You must be a homeowner to apply as this loan will be secured against your home. | |||||||||||||||||||||||||||||||||||||||||||||||||

Prestige Finance Secured loan for thoses with mild adverse credit | £10,000 | £100,000 | 11.48% variable | --- | 3 years | 25 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 11.48% (variable) so if you borrow £50000 over 15 years at a rate of 9.4% p.a. (variable) you will repay £565.82 per month & total amount payable £101,847.60. You must be a homeowner to apply as this loan will be secured against your home. | |||||||||||||||||||||||||||||||||||||||||||||||||

Masthaven UK Cheapest Rate for BTL Secured Loans | £5,000 | £60,000 | 11.7% variable | --- | 3 years | 25 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 11.7% (variable) so if you borrow £40000 over 15 years at a rate of 9.85% p.a. (variable) you will repay £458.14 per month & total amount payable £82,465.20. You must be a homeowner to apply as this loan will be secured against your home. | |||||||||||||||||||||||||||||||||||||||||||||||||

Step One Finance Step One Finance's cheapest secured loan | £7,500 | £50,000 | 11.7% variable | --- | 5 years | 20 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 11.7% (variable) so if you borrow £30000 over 15 years at a rate of 8.9% p.a. (variable) you will repay £342.78 per month & total amount payable £61,700.40. You must be a homeowner to apply as this loan will be secured against your home. | |||||||||||||||||||||||||||||||||||||||||||||||||

Masthaven Light Adverse Secured Loan | £5,000 | £80,000 | 11.8% variable | --- | 3 years | 25 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 11.8% (variable) so if you borrow £40000 over 15 years at a rate of 9.95% p.a. (variable) you will repay £460.77 per month & total amount payable £82,938.60. You must be a homeowner to apply as this loan will be secured against your home. | |||||||||||||||||||||||||||||||||||||||||||||||||

Nemo Personal Finance Secured Loans for Self Employed 9.4% APR | £7,500 | £39,999 | 11.9% variable | --- | 3 years | 25 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 11.9% (variable) so if you borrow £15000 over 10 years at a rate of 9.048% p.a. (variable) you will repay £209.44 per month & total amount payable £25,132.80. You must be a homeowner to apply as this loan will be secured against your home. | |||||||||||||||||||||||||||||||||||||||||||||||||

Full Results | |||||||||||||||||||||||||||||||||||||||||||||||||

Zopa Personal Loan | £1,000 | £20,000 | 4.3% | £7,500 to £15,000 | 2 years | 5 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 4.3% so if you borrow £10,000 over 3 years at a rate of 4.3% p.a. (fixed) you will repay £296.42 per month & £10,671.12 in total. 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. | |||||||||||||||||||||||||||||||||||||||||||||||||

Clydesdale Bank Personal Loan | £1,000 | £25,000 | 4.4% | £7,500 to £15,000 | 1 year | 7 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 4.4% (fixed) so if you borrow £10,000 over 4 years at a rate of 4.4% p.a. (fixed) you will repay £227.20 per month & £10,905.60 in total. 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. | |||||||||||||||||||||||||||||||||||||||||||||||||

Yorkshire Bank Personal Loan | £1,000 | £25,000 | 4.4% | £7,500 to £15,000 | 1 year | 7 years | |||||||||||||||||||||||||||||||||||||||||||

Clydesdale Bank Personal Loan (Ex/C) | £1,000 | £25,000 | 4.4% | £7,500 to £15,000 | 1 year | 7 years | |||||||||||||||||||||||||||||||||||||||||||

Sainsbury's Bank Standard Medium Loan (1-3 Yrs) | £7,500 | £15,000 | 4.4% | £7,500 to £15,000 | 1 year | 3 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 4.4% (fixed) so if you borrow £10,000 over 2 years at a rate of 4.4% p.a. (fixed) you will repay £435.65 per month & £10,455.60 in total. | |||||||||||||||||||||||||||||||||||||||||||||||||

Yorkshire Bank Personal Loan (Ex/C) | £1,000 | £25,000 | 4.4% | £7,500 to £15,000 | 1 year | 7 years | |||||||||||||||||||||||||||||||||||||||||||

Available to existing customers only. | |||||||||||||||||||||||||||||||||||||||||||||||||

Tesco Bank Personal Loan | £3,000 | £25,000 | 4.5% | £7,500 to £15,000 | 1 year | 10 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 4.5% (fixed) so if you borrow £10,000 over 4 years at a rate of 4.5% p.a. (fixed) you will repay £227.62 per month & £10,925.76 in total. | |||||||||||||||||||||||||||||||||||||||||||||||||

Hitachi Personal Finance Personal Loan | £2,500 | £25,000 | 4.5% | £7,500 to £10,000 | 2 years | 5 years | |||||||||||||||||||||||||||||||||||||||||||

Sainsbury's Bank Standard Medium Loan (4-5 Yrs) | £7,500 | £15,000 | 4.5% | £7,500 to £15,000 | 4 years | 5 years | |||||||||||||||||||||||||||||||||||||||||||

Different rates apply if you don't have a Nectar Card. | |||||||||||||||||||||||||||||||||||||||||||||||||

Santander Internet Loan | £1,000 | £20,000 | 4.5% | £7,500 to £15,000 | 1 year | 5 years | |||||||||||||||||||||||||||||||||||||||||||

Hitachi Personal Finance Car Loan | £2,500 | £25,000 | 4.5% | £7,500 to £10,000 | 2 years | 5 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 4.5% (fixed) so if you borrow £10,000 over 4 years at a rate of 4.5% p.a. (fixed) you will repay £227.50 per month & £10,920.00 in total. | |||||||||||||||||||||||||||||||||||||||||||||||||

Santander Branch Loan (123 Customers) | £1,000 | £20,000 | 4.5% | £7,500 to £20,000 | 1 year | 5 years | |||||||||||||||||||||||||||||||||||||||||||

Available to existing customers only. | |||||||||||||||||||||||||||||||||||||||||||||||||

Santander Branch Loan (Standard) | £1,000 | £20,000 | 4.5% | £7,500 to £15,000 | 1 year | 5 years | |||||||||||||||||||||||||||||||||||||||||||

Santander Telephone Loan (123 Customers) | £1,000 | £20,000 | 4.5% | £7,500 to £20,000 | 1 year | 5 years | |||||||||||||||||||||||||||||||||||||||||||

Available to existing customers only. | |||||||||||||||||||||||||||||||||||||||||||||||||

Santander Telephone Loan (Standard) | £1,000 | £20,000 | 4.5% | £7,500 to £15,000 | 1 year | 5 years | |||||||||||||||||||||||||||||||||||||||||||

Santander Select Loan (Select Customers) | £1,000 | £25,000 | 4.5% | £7,500 to £25,000 | 1 year | 5 years | |||||||||||||||||||||||||||||||||||||||||||

Available to existing customers only. | |||||||||||||||||||||||||||||||||||||||||||||||||

Derbyshire Building Society Personal Loan | £5,000 | £20,000 | 4.6% | £7,500 to £15,000 | 1 year | 5 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 4.6% (fixed) so if you borrow £10,000 over 4 years at a rate of 4.6% p.a. (fixed) you will repay £228.06 per month & £10,946.88 in total. For a limited time, get 4.6% APR Representative for loans between £7,500 and £15,000. | |||||||||||||||||||||||||||||||||||||||||||||||||

AA Member Loan | £3,000 | £25,000 | 4.6% | £7,500 to £15,000 | 2 years | 5 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 4.6% (fixed) so if you borrow £10,000 over 4 years at a rate of 4.6% p.a. (fixed) you will repay £228.06 per month & £10,946.88 in total. Available to existing customers only. One year term is available for loans under £5,000. | |||||||||||||||||||||||||||||||||||||||||||||||||

AA Loan | £3,000 | £25,000 | 4.7% | £7,500 to £15,000 | 2 years | 5 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 4.7% (fixed) so if you borrow £10,000 over 4 years at a rate of 4.7% p.a. (fixed) you will repay £228.49 per month & £10,967.52 in total. One year term is available for loans under £5,000. | |||||||||||||||||||||||||||||||||||||||||||||||||

M&S Bank Personal Loan (Existing Customers) | £1,000 | £25,000 | 4.7% | £7,500 to £15,000 | 1 year | 7 years | |||||||||||||||||||||||||||||||||||||||||||

Representative Example: The Representative APR is 4.7% (fixed) so if you borrow £10,000 over 4 years at a rate of 4.7% p.a. (fixed) you will repay £228.49 per month & £10,967.52 in total. Available to existing customers only. To apply for an M&S Loan, you must have an annual income of at least £10,000 and be aged 30 or over, or a homeowner aged 18 or over. | |||||||||||||||||||||||||||||||||||||||||||||||||

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You may want to compare the above loans with the following.

- A 0 month deferred start is offered.
- You enjoy 7.7% representative APR from Bank of Ireland.
- New customers get £7,500 to £14,999 representative loan amount from this loan.
- 6 months minimum loan period is offered with Personal Loan.
- Get first payment due of 30 days.
- The loan offers a representative APR of 7.7%.
**Representative Example: The Representative APR is 7.7% (fixed) so if you borrow £10,000 over 4 years at a rate of 7.7% p.a. (fixed) you will repay £240.33 per month & £11,535.84 in total. Arrangement fee £65.**

- You get 1 year minimum loan duration from the Clarity Loan.
- Customers get £1,000 minimum loan from this Clarity Loan.
- 7 yrs max loan term is offered with the loan.
- Get a max loan of £25,000.
**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 £233.89 per month & £11,226.72 in total.**

- Max loan of £25,000 is offered to you.
- A deferred start of 0 month is offered by Post Office.
- Customers can get first payment due of 30 days.
- Get 1 year minimum loan term from Post Office.
- 7 yrs maximum loan term.
**Representative Example: The Representative APR is 7.4% (fixed) so if you borrow £10,000 over 4 years at a rate of 7.4% p.a. (fixed) you will repay £240.21 per month & £11,530.08 in total.**

- 0 percent arrangement fee (%) is offered with the loan.
- Get 0 mth deferred start.
- 7 yrs max loan term is available with Ufirst Gold.
- Get £10,000 to £25,000 representative loan amount from Ulster Bank.
- Representative APR of 8.8 percent.
- Benefit from a maximum arrangement fee of £0 from the Ufirst Gold.
**Representative Example: The Representative APR is 8.8% (fixed) so if you borrow £10,000 over 4 years at a rate of 8.8% p.a. (fixed) you will repay £246.25 per month & £11,820 in total.**

- The loan offers 30 days 1st payment due.
- Metro Bank gives minimum loan of £2,000.
- Get 1 year minimum loan period.
- You get 0 mth deferred start from the loan.
**Representative Example: The Representative APR is 7.9% (fixed) so if you borrow £2,000 over 2 years at a rate of 7.9% p.a. (fixed) you will repay £90.12 per month & £2,162.88 in total.**

- 5.4% representative APR.
- Take advantage of a representative APR of 5.4 percent.
- 1 year minimum loan term is available with this loan.
- Minimum loan of £1,000 is available with this loan.
**Representative Example: The Representative APR is 5.4% (fixed) so if you borrow £8,000 over 24 months at a rate of 5.4% p.a. (fixed) you will repay £352.41 per month & £8,457.84 in total.**

Low interest rate loans can either be secured on your property, or unsecured, but they both tend to be available over periods of one to seven years - although some secured loans can be extended over a longer period.

The longer repayment period means lenders can offer significantly lower interest rates than those available on payday loans, and that whatever your timescale you should be able to find a low interest loan to meet your needs.

However, a number of factors beyond just your timescale will impact which loan is right for you.

So whether you're after low interest loans for bad credit, or want a low interest loan to pay off debt, you'll need to consider:

## Secured or unsecured?

To be offered a secured loan you'll need to own a property or - in some cases - a car, that you'll need to put forward as a guarantee you'll repay.

If you default on the loan, your lender is allowed to reclaim your home or vehicle and sell it in order to recoup their losses; this protection means they're often the lowest interest loans available.

Unsecured loans don't require that surety so they're more accessible, more flexible and you're better protected as you don't have to give anything other than your word that you'll repay.

However, because of this their interest rates can sometimes be more costly, especially if you have an adverse credit history.

Whether you go for an unsecured or secured loan you'll generally come across fixed rate and variable rate options. If you choose a loan that offers variable interest rates you need to be away that the rate and your repayments could increase or (potentially) decrease during the loan term.

Fixed rate loans guarantee the rate of interest throughout the loan period so you pay back the same amount every month, over the full loan term.

Find out more in our guide:Can You Get an Unsecured Loan with Bad Credit?## What size loan do you need?

Decide how much you need to borrow and compare it against each lender's minimum and maximum loan limits. Exclude any lenders where you're proposed loan would be ineligible.

While it can be tempting to borrow more than you really need to so as to give yourself a little 'play money' it's generally best to keep this to the minimum.

You'll need to pay interest on anything you borrow so the bigger your loan the more money you'll need to find to cover the cost.

## How long will you need to pay it off?

Decide how long you want to take to pay off your loan and make sure any lender you consider getting a quote from can offer a loan to suit.

Remember to arrange your repayments over the shortest period you can afford so that you don't end up paying more for your borrowing than you really need to. It's a good idea to work out how much you can afford per month and on that basis work out how long you need to extend the loan over - just make sure that you'd be able to afford the monthly repayment.

## What's the interest rate?

The interest rate you're offered will be based on your credit history, whether the loan is secured or unsecured, and its proposed size and duration.

If you ask for a loan within lenders' minimum and maximum limits, you're more likely to be offered their average loan interest rate (headline APR).

That's fine if you've got a good credit history. On the other hand, if you're looking for low interest loans for bad credit it's worth searching for lenders that specialise in customers with bad credit.

Make sure you'd be eligible for their headline rates and use those rates to assess which loans with low interest rate might work out cheapest.

## The terms and conditions

Once you've established what size loan you need and which loans with low interest are likely to work out cheapest, check their terms, conditions and flexibility.

For example, what (if any) are the charges for paying off the loan early, or extending your loan facility? You should always make sure you're happy with the terms of a loan before you apply.

Remember, applications for loans will show on your credit history whether you take out the loan or not, so it's best to do your research before you enquire. Also check what other borrowing options you might have: read our guide, What's the Cheapest Way to Borrow Money? for ideas.

If you narrow your low interest loans comparison down step by step, you can find the best interest rates on loans from lenders that can also give you the service and the support that you need.