Helping you make the most out of your money
Helping you make the most out of your money
Looking for a loan? Try our simple tool below to find the right one for you
A loan is a way of borrowing money to pay for something, which you should generally only use for a one-off, necessary and affordable purchase – for instance, a new fridge, or a car. Only ever take out a loan if you’ve carefully planned and budgeted for the repayments, and you’re certain you won’t have any problems paying it off in full.
Personal loans are generally best for borrowing between £3,000 and £50,000. If you’re planning on borrowing less than £3,000, you might be able to pay no interest for up to two years with a 0% purchase credit card. If you’re planning on paying off debts with a loan, it may be cheaper to use a money transfer credit card.