Compare Unsecured Loans

  • Compare a range of unsecured loans from leading UK providers
  • See your chance of being accepted with no impact on your credit score using Freedom Finance's eligibility checker*
  • Or you can use Apply buttons to go direct to the provider, remembering to check loan details and more info carefully before you apply
18 products found
  • TSB Personal Loan logo

    TSB Personal Loan

    • Powered by Freedom Finance
    • Representative APR
      2.8% APR
    • Available Amounts
      £7,500 to £25,000
    • Min / Max Terms
      1 to 7 years
    Check Eligibility on Freedom Finance's website + More info
  • Tesco Bank Personal Loan logo

    Tesco Bank Personal Loan

    • Representative APR
      2.9% APR
    • Available Amounts
      £1,000 to £35,000
    • Min / Max Terms
      1 to 10 years
    Apply Now on Tesco Bank's website + More info
  • AA Personal Loan - Breakdown Cover included* logo
    Broker

    AA Personal Loan - Breakdown Cover included*

    • Powered by Freedom Finance
    • Representative APR
      3.0% APR
    • Available Amounts
      £1,000 to £25,000
    • Min / Max Terms
      1 to 7 years
    Check Eligibility on Freedom Finance's website + More info
  • Post Office Money Personal Loan logo
    Broker

    Post Office Money Personal Loan

    • Powered by Freedom Finance
    • Representative APR
      3.2% APR
    • Available Amounts
      £1,000 to £25,000
    • Min / Max Terms
      1 to 7 years
    Check Eligibility on Freedom Finance's website + More info
  • Hastings Personal Loan logo

    Hastings Personal Loan

    • Powered by Freedom Finance
    • Representative APR
      10.9% APR
    • Available Amounts
      £1,000 to £25,000
    • Min / Max Terms
      1 to 5 years
    Check Eligibility on Freedom Finance's website + More info
  • Shawbrook Personal Loan logo

    Shawbrook Personal Loan

    • Powered by Freedom Finance
    • Representative APR
      14.9% APR
    • Available Amounts
      £1,000 - £30,000
    • Min / Max Terms
      1 to 7 years
    Check Eligibility on Freedom Finance's website + More info
  • Norton Finance Personal Loan - For homeowners only logo
    Broker

    Norton Finance Personal Loan - For homeowners only

    • Only available to homeowners
    • Representative APR
      15.4% APR
    • Available Amounts
      £3,000 to £25,000
    • Min / Max Terms
      1 to 25 years
    Apply Now on Norton Finance's website + More info
  • Freedom Finance logo
    Broker

    Freedom Finance

    • Representative APR
      15.9% APR
    • Available Amounts
      £500 to £25,000
    • Min / Max Terms
      1 to 7 years
    Check Eligibility on Freedom Finance's website + More info
  • My Community Finance Personal Loan logo

    My Community Finance Personal Loan

    • Powered by Freedom Finance
    • Representative APR
      17.09% APR
    • Available Amounts
      £1,500 to £25,000
    • Min / Max Terms
      1 to 5 years
    Check Eligibility on Freedom Finance's website + More info
  • KOYO Personal Loan logo

    KOYO Personal Loan

    • Powered by Freedom Finance
    • Representative APR
      26.9% APR
    • Available Amounts
      £1,500 - £7,500
    • Min / Max Terms
      1 to 5 years
    Check Eligibility on Freedom Finance's website + More info
  • Oplo Personal Loan logo

    Oplo Personal Loan

    • Powered by Freedom Finance
    • Only available to homeowners
    • Representative APR
      28.5% APR
    • Available Amounts
      £2,000 to £15,000
    • Min / Max Terms
      2 to 6 years
    Check Eligibility on Freedom Finance's website + More info
  • Lendable Personal Loan logo

    Lendable Personal Loan

    • Powered by Freedom Finance
    • Representative APR
      28.6% APR
    • Available Amounts
      £1,000 to £25,000
    • Min / Max Terms
      1 to 5 years
    Check Eligibility on Freedom Finance's website + More info
  • 118 118 Personal Loan logo

    118 118 Personal Loan

    • Powered by Freedom Finance
    • Representative APR
      44.9% APR
    • Available Amounts
      £1,000 to £5,000
    • Min / Max Terms
      1 to 3 years
    Check Eligibility on Freedom Finance's website + More info
  • Guarantor My Loan logo

    Guarantor My Loan

    • Powered by Freedom Finance
    • Guarantor
    • Representative APR
      48.9% APR
    • Available Amounts
      £1,000 to £10,000
    • Min / Max Terms
      1 to 5 years
    Check Eligibility on Freedom Finance's website + More info
  • Aspire Money Personal Loan logo
    Broker

    Aspire Money Personal Loan

    • Representative APR
      49.7% APR
    • Available Amounts
      £50 to £25,000
    • Min / Max Terms
      1 to 5 years
    Apply Now on Aspire Money's website + More info
  • Bamboo Personal Loan logo

    Bamboo Personal Loan

    • Powered by Freedom Finance
    • Representative APR
      59.7% APR
    • Available Amounts
      £1,000 to £8,000
    • Min / Max Terms
      1 to 5 years
    Check Eligibility on Freedom Finance's website + More info
  • Likely Loans Personal Loan logo

    Likely Loans Personal Loan

    • Powered by Freedom Finance
    • Representative APR
      59.9% APR
    • Available Amounts
      £500 - £5,000
    • Min / Max Terms
      1 to 3 years
    Check Eligibility on Freedom Finance's website + More info
  • Everyday Loans Personal Loan logo

    Everyday Loans Personal Loan

    • Powered by Freedom Finance
    • Representative APR
      99.9% APR
    • Available Amounts
      £1,000 - £15,000
    • Min / Max Terms
      18 months - 5 years
    Check Eligibility on Freedom Finance's website + More info

If you are thinking of consolidating existing borrowing you should be aware that you may be extending the terms of the debt and increasing the total amount you repay.

Our service is free of charge but we receive commissions from the providers we refer you to. This table is initially ordered by representative APR. You can use the options above the table to order it according to various criteria. You may be offered different rates depending on your personal credit rating.

Our comparison service features a selection of providers from whom we receive commission.

*Eligibility Service:

This loans comparison also contains products that can be applied for directly with the lender. These products do not form part of the eligibility service and terms should be checked carefully before proceeding.

The loans eligibility service is provided by Freedom Finance. The data you supply and submit is used to retrieve loan quotes from Freedom's panel of lenders. By using their loans eligibility service you are agreeing to Freedom's terms and conditions and privacy policy which can be found at freedomfinance.co.uk

Freedom Finance is a trading style of Freedom Finance Limited who are authorised and regulated by the Financial Conduct Authority. Freedom Finance Limited. Registered Office. Atlantic House, Atlas Business Park, Simonsway, Manchester, M22 5PR. Registered in England & Wales 06297533. FCA No. 662079. VAT Registration Number 257 0001 44.

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Last updated on 13 May 2021.

How to Choose an Unsecured Loan

If you’re considering taking out an unsecured personal loan, you’re probably trying to decide which type is right for you. Although secured loans are an option for those who have equity in their home and are willing to use it as security, unsecured loans are more common and carry less risk to the borrower.

There are a number of different types of unsecured loan and loan amounts; terms and costs will differ from lender to lender. At NerdWallet, it’s our goal to keep consumers informed about their personal finances. We want to help you understand your options a little better that’s why we’ve created the unsecured loans comparison table and information guide below.

Choosing the right type of unsecured loan

Deciding that you want to take out an unsecured loan is the easy bit. With more choice than ever before for borrowers, navigating the marketplace can be slightly overwhelming. You’ve probably got questions like: what’s the best value loan? How much time do I need to repay the loan? And will I be eligible if I apply?

These are all very valid questions and they can all be answered with just a little research. Luckily there are some fantastic online research tools available to borrowers, and lenders must also stick to strict rules put in place to prevent borrowers taking loans that they can’t afford to repay.

Let’s start with learning a little about the main types of unsecured loan.

Remember that interest rates and lending criteria differs between lenders.

Types of unsecured loan

  • Personal bank loans: High street banks are still a major source of personal unsecured loans, but they tend to have strict lending criteria.

  • Personal loans with alternative lenders: Online-only challenger banks offer loans that sometimes have more flexible criteria and terms than traditional bank loans. You can sometimes secure a loan even with poor credit, if a lender will accept the assurances of a guarantor who will repay the debt if you are unable.

  • Short-term loans: If you need quick access to a relatively small amount of cash, a short-term loan may come in useful, although interest rates can be on the high side. Ultra-short-term loans, often known as payday loans, can come with very high interest rates and are usually repayable in a single payment.

  • Peer-to-peer: Peer-to-peer lenders are matched with borrowers through dedicated online platforms. Interest rates can be favourable, but lending criteria tends to be quite strict.

Comparing unsecured loans

Once you have a better understanding of the type of loan that will suit your requirements, it’s time to start comparing lenders to find a product that looks right for you. Finding the right loan is a case of identifying the choice which provides you with the right amount of money and has repayment terms which will suit you.

It’s about assessing your priorities. You may want to prioritise repaying your loan quickly to minimise the amount of interest you will end up paying on the whole debt. Alternatively, you might need to spread the repayments out over as long a timeframe as possible to make them more affordable, which can lead to a much lower monthly outlay, but will probably cost you more in interest in the long run.

A simple way to compare the cost of an unsecured loan, as a percentage of the total loan amount over the course of an entire year, is the annual percentage rate (APR). Lenders must display their APR by law but note that ‘representative APR’ means that around half of applicants were offered the interest rate displayed, and that you could pay more if your credit history isn’t strong enough.

Choosing an unsecured loan FAQs

What does unsecured loan mean?

An unsecured loan is simply a loan that isn’t secured against an asset, such as a property, for example. This means that you don’t stand to lose your home if you fail to repay the loan; However, there could be fees and charges applied and your credit rating could also suffer should you not be able to pay the loan back or are late with any payments.

How does an unsecured loan work?

When you take out an unsecured loan, you agree a loan amount and repayment schedule with the lender. You must then keep to this repayment schedule, also covering the cost of any interest and extra fees applicable to the loan, until it is cleared – after a pre-agreed loan term.

What happens if I can’t repay my unsecured loan?

If you are struggling to meet scheduled repayments you should contact your lender who will may try to work out a new payment schedule to help you, although this could add to the overall cost of the loan. If you still can’t repay the loan, the lender can start legal action against you to recoup the money owed, which can damage your credit score.

Remember, you can contact organisations like Citizens Advice to help talk you through your options and support you if you are having debt problems.

What can I use my unsecured loan for?

Common uses for an unsecured loan are:

  • To consolidate debt
  • To make an expensive purchase
  • To pay bills or taxes
  • To pay for home improvements
  • To fix a broken car or appliance
  • To cover unexpected expenses

What should I consider before becoming an unsecured loan guarantor? There is lots of consider before agreeing to be a guarantor. Take a look at our in-depth article for help in making this difficult decision.