Unsecured Loans
24-Month Unsecured Loans

Compare 24-Month Unsecured Loans

Compare interest rates available for 24 month unsecured personal loans. Compare a range of personal loans from UK lenders and check your eligibility* without impacting your credit score

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M&S Bank Personal Loan
Representative APR
2.8% APR

Available Amounts
£1,000 to £25,000

Min / Max Terms
1 to 7 years
+ More info
Eligibility Criteria
- Must be over 18
- Must be a UK resident
- Must have an annual income of at least £10,000
Representative Example: Representative APR 2.8%%. Based on a loan of £10,000 over 60 months at an interest of 2.8% p.a. (fixed). Monthly repayments of £178.64. Total amount payable £10,718.40. Maximum APR: 21.0%.
Broker
Post Office Money Personal Loan
Representative APR
8.1% APR

Available Amounts
£1,000 to £25,000

Min / Max Terms
1 to 7 years
+ More info
Eligibility Criteria
- Must be over 21 and no older than 70 when the loan term ends
- Must have been a UK resident for at least 3 years
- Must have a regular income above £12,000 a year
- Must have a good credit rating without a history of County Court Judgements or bankruptcy
- Must have a UK based bank account or building society account that can pay direct debits
Representative Example: Representative APR 8.1%. Based on a loan of £4,000 over 36 months at an interest of 8.1% p.a. (fixed). Monthly repayments of £125. Total amount payable £4,500.09. Maximum APR: 29.9%.
Admiral Personal Loan
Representative APR
9.9% APR

Available Amounts
£1,000 to £25,000

Min / Max Terms
1 to 5 years
+ More info
Eligibility Criteria
- Must be aged between 18 and 75 and won't be over 75 at the end of the loan term
- Must be a permanent resident of England, Wales or Scotland
- Must have lived in the UK for at least three years
- Must have an income of at least £15,000 per year (before tax)
- Must be in employment or retired and have a minimum annual income of £10,000
- Must not have had any County Court Judgements (CCJs) in the last three years
- Must not have been made bankrupt, had any Debt Relief Orders or gone through Individual Voluntary Arrangements in the last six years
- Must own a UK bank account
Representative Example: Representative APR 9.9%. Based on a loan of £10,000 over 60 months at an interest of 9.48% p.a. (fixed). Monthly repayments of £209.91. Total amount repayable before £12,594.60. Maximum APR: 39.9%.
JN Bank Personal Loan
Representative APR
12.9% APR

Available Amounts
£1,000 to £15,000

Min / Max Terms
2 to 5 years
+ More info
Eligibility Criteria
- Must be 21 years of age or older
- Must have been a UK resident for more than 2 years
- Must be employed or self-employed with a minimum monthly income £1,000 after tax
- Must have a UK mobile phone number and an email address
- Must have a UK bank account with a direct debit facility
- Must have no active CCJs, bankruptcies or IVAs
Representative Example: Representative APR 12.9%. Based on a loan of £9,500 over 60 months at an interest of 12.9% p.a. (fixed). Monthly repayments of £212.25. Total amount payable £12,735.00. Maximum APR: 24.9%.
Shawbrook Personal Loan
Representative APR
13.9% APR

Available Amounts
£1,000 to £35,000

Min / Max Terms
1 to 7 years
+ More info
Eligibility Criteria
- Must be aged 25 to 75
- Must have been a permanent resident of the UK for at least 3 years
- Must have an annual income of at least £15,000
- Must have a personal UK bank account
Representative Example: Representative APR 13.9% (fixed). Based on a loan of £10,000 over 60 months at an interest of 13.9% p.a. (fixed). Monthly repayments of £227.97. Total amount payable £13,678.20. Maximum APR: 29.9%.
Peer To Peer
Zopa Personal Loan
Representative APR
15.4% APR

Available Amounts
£1,000 to £25,000

Min / Max Terms
1 to 5 years
+ More info
Eligibility Criteria
- Must be aged 20 or over
- Must be a current UK resident with 1 year of address history in the UK
- Must be employed, self-employed or retired with a pension
- Must have a good track record of repaying debt
Representative Example: Representative APR 15.4%. Based on a loan of £10,000 over 60 months at an interest of 15.4 p.a. (fixed). Monthly repayments of £234.99. Total amount payable £14,099.54. Maximum APR: 34.9%.
Fintern Personal Loan
Representative APR
18.8% APR

Available Amounts
£1,000 to £7,500

Min / Max Terms
1 to 3 years
+ More info
Eligibility Criteria
- Must be aged 18 or over
- Must have at least one UK bank account
- Must not have unresolved defaults or CCJs
Representative Example: Representative APR 18.8%. Based on a loan of £2,000 over 36 months at an interest of 18.8% p.a. (fixed). Monthly repayments of £71.66. Total amount payable £2,579.56. Maximum APR: 18.8%.
My Community Finance Personal Loan
Representative APR
18.85% APR

Available Amounts
£1,500 to £25,000

Min / Max Terms
1 to 5 years
+ More info
Eligibility Criteria
- Must be aged 21 or over
- Must be a Permanent Resident of the UK (excludes NI, Channel Islands, Isle of Man)
- Must earn at least £18,000 from employed or self-employed income
Representative Example: Representative APR 18.85% (fixed). Based on a loan of £6,000 over 48 months at an interest of 18.85% p.a. (fixed). Monthly repayments of £173.64. Total amount payable £8,335. Maximum APR: 39.9%.
KOYO Personal Loan
Representative APR
24.9% APR

Available Amounts
£1,500 to £12,000

Min / Max Terms
6 months to 5 years
+ More info
Eligibility Criteria
- Must be aged 21
- Must be a permanent resident of the UK for at least 6 months
- Must not be bankrupt
- Must not have CCJs or history of bad credit
- Must have a mobile phone
- Must receive a regular income
- Must not be self-employed
Representative Example: Representative APR 24.9%. Based on a loan of £4,000 over 36 months at an interest of 22.44% p.a. (fixed). 35 scheduled monthly payments of £154.59 and a final payment of £154.58. Total amount payable £5,565.23. Maximum APR: 29%.
BetterBorrow Personal Loan
Representative APR
27.1% APR

Available Amounts
£1,000 to £12,000

Min / Max Terms
1 to 5 years
+ More info
Eligibility Criteria
- Must be at least 18 years old
- Must be a UK resident
- Must be employed, self-employed or retired with a pension
- Must have an income of at least £12,000 per year (before tax)
- Must be able to afford the loan
- Must have a bank account registered in your name and to your current address
Representative Example: Representative APR 27.1%. Based on a loan of £5,000 over 42 months at an interest of 27.1% p.a. (fixed). Monthly repayments of £177.68. Total amount payable £7,462.73. Maximum APR: 39.8%.
LiveLend Personal Loan
Representative APR
29.9% APR

Available Amounts
£1,000 to £12,000

Min / Max Terms
1 to 5 years
+ More info
Eligibility Criteria
- Must be 18 years old or over
- Must be a UK resident
- Must be employed, self-employed or retired with a pension
- Must have an income of at least £12,000 per year (before tax)
- Must have a good track record of repaying debt
Representative Example: Representative APR 26.9%. Based on a loan of £5,000 over 42 months at an interest of 29.9% p.a. (fixed). Monthly repayments of £183.74. Total amount payable £7,717.27. Maximum APR: 39.9%.
Oplo Personal Loan

Only available to homeowners
Representative APR
31.6% APR

Available Amounts
£2,000 to £15,000

Min / Max Terms
2 to 6 years
+ More info
Eligibility Criteria
- Must be a homeowner
- Must be aged 21 or over at the start of the loan
- Must be a permanent UK resident
- Must be in permanent paid employment
- Must not be currently bankrupt or in an IVA or debt management arrangement
Representative Example: Representative APR 31.6%. Based on a loan of £6,541 repayable over 46 months at an interest rate of 14.16% pa (fixed). 45 monthly payments of £232.64 and a final payment of £232.50. Total amount payable £10,701.30. This includes an acceptance fee of £395. Maximum APR: 36.9%.
Lifestyle Personal Loan
Representative APR
49.9% APR

Available Amounts
£1,000 to £5,000

Min / Max Terms
1 to 5 years
+ More info
Eligibility Criteria
- Must have enough income to repay the loan and other expenses
- Must not have recent defaults and missed payments
- Must not have exhibited recent signs of problem gambling
- Must not have taken multiple loans in the past few months
Representative Example: Representative APR 49.9%. Based on a loan of £3,000 over 36months at an interest of 49.9% p.a. (fixed). Monthly repayments of £146.37. Total amount payable £5,269.32. Maximum APR: 49.9%.
118 118 Personal Loan
Representative APR
49.9% APR

Available Amounts
£1,000 to £5,000

Min / Max Terms
1 to 3 years
+ More info
Eligibility Criteria
- Must be a UK resident
- Must be aged between 18 and 70 (at start of the loan)
- Must have UK Bank Account and Debit Card
- Monthly net income of at least £1,000
- Must be employed or Self Employed
Representative Example: Representative APR 49.9%. Based on a loan of £2,000 over 24 months at an interest of 41.2% pa (fixed). Monthly repayments of £123.64. Total amount payable £2,967.43. Maximum APR: 79.9%.
Bamboo Personal Loan
Representative APR
59.7% APR

Available Amounts
£1,000 to £8,000

Min / Max Terms
1 to 5 years
+ More info
Eligibility Criteria
- Must be 18 or over
- Must be a UK resident (exlcuding the Channel Islands and Isle of Man)
- Must be able to afford the monthly repayments and not bankrupt
Representative Example: Representative APR 59.7% (fixed). Based on a loan of £3,000 over 30 months at an interest of 47.73% p.a. (fixed). 29 Monthly repayments of £173.02 and a final payment of £172.92. Total amount payable £5,190.50. Maximum APR: 69.9%.
Likely Loans
Representative APR
59.9% APR

Available Amounts
£500 to £5,000

Min / Max Terms
1 to 3 years
+ More info
Eligibility Criteria
- Must be aged 18 or over
- Must be a UK citizen
- Must receive either a salary or pension
- Must not have bankruptcy in the previous 12 months
- Must have some credit history
- Must have an active bank or building society account
Representative Example: Representative APR 59.9% (fixed). Based on a loan of £2,000 over 24 months at an interest of 59.9% p.a. (fixed). Monthly repayments of £131.05. Total amount payable £3,145.20. Maximum APR: 89.9%.
Minty Personal Loan
Representative APR
98.1% APR

Available Amounts
£1,500 to £3,000

Min / Max Terms
2 years
+ More info
Eligibility Criteria
- Must be aged 21 or over
- Must be a UK resident
Representative Example: Representative APR 98.1%. Based on a loan of £2,250 over 24 months at an interest of 44.4% p.a. (fixed). Monthly repayments of £177. Total amount payable £4,248. Maximum APR: 98.1%.
Everyday Loans Personal Loan
Representative APR
99.9% APR

Available Amounts
£1,000 to £15,000

Min / Max Terms
1 to 5 years
+ More info
Eligibility Criteria
- Must be aged 18 or over
- Must earn a minimum of £10,000 per year
- Must not be furloughed or on sick leave
Representative Example: Representative APR 99.9% (fixed). Based on a loan of £3,000 over 24 months at an interest of 71.3% p.a. (fixed). Monthly repayments of £237.75. Total amount payable £5,706. Maximum APR: 299%.

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:

The loans eligibility service is fully provided by Monevo. The data you supply is directly submitted to Monevo and is used to retrieve loan quotes from their panel of lenders. By using their loans eligibility service you are agreeing to Monevo’s terms and conditions and privacy policy which can be found at Monevo.co.uk

Monevo.co.uk is a registered Trading Name of Monevo Limited which is an Appointed Representative of Quint Group Limited, and is entered on the Financial Services Register under reference number: 723672. Quint Group Limited is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register under reference number: 669450. Monevo Limited is registered in England and Wales (Company number 06511345). Registered office: Glasshouse, Alderley Park, Nether Alderley, Cheshire,SK10 4ZE. Licensed by the Information Commissioners Office, (Registration number Z1498441).

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Last updated on 20 January 2022.

24-Month Unsecured Loans FAQ

What is a 24-month unsecured loan?

You might request a 24-month unsecured loan as you have considered that the repayments for this term are affordable for the amount you wish to borrow. Unsecured loans are personal loans and not secured against an asset such as a property. This makes them potentially suitable to non-homeowners, or to homeowners that do not wish to secure the loan.

How do I pay a 24-month unsecured loan?

A 24-month unsecured loan would require you to agree to repay your lender an agreed monthly instalment for two years. The levels of interest offered by lenders will play a part in determining how much your loan will ultimately cost, so make sure to shop around and go with an arrangement that suits your needs best.

How do I prepare for a 24-month unsecured loan?

Only borrow as much as you know you can repay and take the various rates of interest into account, to help you decide which loan suits you best. Also, make sure you are aware of all terms and conditions with your prospective deal, as some lenders may allow you to repay earlier without a fee, for example, while others may not. Knowing exactly what you need before you approach lenders will help you find the right loan for you.

Does my credit rating matter for a 24-month unsecured loan?

If you have a good credit history, you are more likely to succeed in getting a 24-month unsecured loan. Also, as you won’t be relying on collateral, having a steady source of income and a good track record on credit will give your lender greater confidence in lending to you.

Can I still get a 24-month unsecured loan with poor credit?

With a poor credit score, fewer lenders will consider you for a 24-month unsecured loan, as you may pose too great a risk for them. However, borrowers with poor credit can still find willing lenders on the market, but they may have to accept a higher level of interest, due to the increased risk for lenders.

Is a 24-month unsecured loan more expensive than a short-term loan?

Short term loans are a high cost form of borrowing and should only be considered in for essentials. The interest rates charged on a longer terms loan will be lower. However, the longer you borrow for, the longer interest is charged, so you should understand the full cost of borrowing on all loans you are considering.

How do I manage early repayment of my 24-month unsecured loan?

It may be possible for you to repay your 24-month unsecured loan early. Early repayment may allow you to save money on the remaining interest you would have had to pay originally. However, lenders vary in terms of early repayment policies. Some may encourage it, but others may be inclined to charge a fee. Check your loan terms before you proceed.

How will I know whether I can pay my 24-month unsecure loan back early?

Always check terms and conditions first, as policies can vary between lenders. Once you have identified potential lenders and received quotes, inquire about any extra costs that might come with early repayments. You may be able to find these details online before you apply for a quote, but if you can’t, don’t hesitate to ask your lender about this before you sign a contract.

Go to Loans Hub

Compare 24-Month Unsecured Loans

M&S Bank Personal Loan

Post Office Money Personal Loan

Admiral Personal Loan

JN Bank Personal Loan

Shawbrook Personal Loan

Zopa Personal Loan

Fintern Personal Loan

My Community Finance Personal Loan

KOYO Personal Loan

BetterBorrow Personal Loan

LiveLend Personal Loan

Oplo Personal Loan

Lifestyle Personal Loan

118 118 Personal Loan

Bamboo Personal Loan

Likely Loans

Minty Personal Loan

Everyday Loans Personal Loan

Award-winning comparisons you can trust

24-Month Unsecured Loans FAQ

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