What you can get
Provided by Santander UK plc
- Rates from 2.8% APR representative on loans from £7,500 to £20,000
- Range of personal loans from £1,000 to £20,000
- Overpay at no extra cost
- Apply online and typically get a decision within 5 minutes
- You’re 21 or over and live in the UK permanently
- You have a regular yearly income of £6,000+
- You make your repayments by Direct Debit
- You haven’t been declared bankrupt, had a CCJ or an IVA within the last 6 years
- All credit is subject to status and credit checks
- Representative 2.8% APR
- Loan amount £10,000
- Interest rate 2.8% (fixed) p.a.
- Term 60 months
- Monthly repayment £178.64
- Total amount repayable £10,718.40
The calculator is for illustrative purposes only. Santander Personal Loans are available over terms of 1 to 5 years. We will do a credit assessment when you apply and your personal circumstances may affect the rate we can offer you which may differ from the representative APR. The maximum APR we could offer you on any loan amount is 24.9%. Credit is available subject to status. We reserve the right to refuse any application and to refuse a loan for certain purposes. Information and rates correct as at 05.11.2019.
*APR stands for Annual Percentage Rate. It shows the overall cost of credit as an annual rate of charge, taking into account the interest, charges and any other costs involved in getting credit. It doesn’t include any other fees and charges.
What happens when I apply?
You'll usually receive an accept, decline or refer decision by email within 5 minutes.
You'll receive an email with a decision by 7.30am.
This means that we need our underwriting team to look at your application and we may need more information from you. You'll receive an accept or decline email within 2 working days of the additional information being provided.
You'll receive a further email with details of how to sign your loan agreement online.
Once your application is accepted we'll send you a code by first class post. You'll need to enter it online to release your loan funds
Once released, your loan funds will be in your chosen bank account within 2 working days.
Your contact preferences
If you are applying on behalf of other applicants you must have their authority to act on their behalf. During the application you will be asked if you want to hear about products, services and offers that may be of interest. Please note the preferences you select will override any previous preferences given. If you would like to amend those preferences please contact us at any time.
Before you apply for a personal loan, please make sure that you can make your monthly repayments over the loan term. If your income is reducing and/ or outgoings increasing, use the newer figures in your application so that we can make sure the loan is affordable for you.