UK's cheapest personal loans
Why you should use uSwitch.com to find your cheapest personal loan
Personal loans are not a product where "one size fits all"; they are built around a set of criteria, especially the cheapest loans. To ensure you are eligible for the cheapest personal loans, we will need to know:
- how much you want to borrow
- how long you need to repay the loan
- if you need Payment Protection Insurance (PPI)
This enables us to search only for the cheapest personal loans in the UK that will match your needs.
The Cheapest Loans from uSwitch
Loan term Please select 6 months 1 year (12 months) 2 years (24 months) 3 years (36 months) 4 years (48 months) 5 years (60 months) 6 years (72 months) 7 years (84 months) 8 years (96 months) 9 years (108 months) 10 years (120 months) !
| Provider | Loan Details | Monthly Repayments | Typical APR | Apply |
|---|
 | Moneyback Bank Personal Loan | £197.44 | 7.1% APR | Apply |
 | BOS Personal Loan (Semi-exclusive) | £198.33 | 7.3% APR | Apply |
 | Halifax Internet Personal Loan (Semi-exclusive) | £198.33 | 7.3% APR | Apply |
 | Alliance & Leicester Personal Loan (Exclusive) | £198.77 | 7.4% APR | Apply |
Prices were last updated on 8 January 2008
Loans do not include Payment Protection Insurance (PPI) and assume you have no adverse credit. Loans are those you can apply for online via uSwitch.com.
Which cheap loan is the right one for you?
Before searching for your cheapest personal loan, you need to be honest about your loan requirements:
- will you take a loan from a lender you have not heard of?
- how much can you afford to borrow and pay back?
- what happens if you can pay back your loan early?
Will my credit rating stop me getting the cheapest personal loan?
If you have had problems in the past, you may not be eligible for the cheapest personal loan as you will not meet the loan's requirements. Sometimes the lender will try and offer an alternative loan with a higher interest rate. Make sure you do another comparison to see if you can find your cheapest personal loan with another lender.
