Personal Loans

Compare personal loan rates to find the best deal

Personal Loan Comparison

  • checkGood and bad credit history accepted
  • checkBorrow from £1,000 to £10,000
  • checkCompare lenders who have accepted your application
  • checkIf approved your loan could be paid in under an hour
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In partnership with Choose Wisely

Warning: Late repayment can cause you serious money problems. For help, go to

Personal Loans in 3 Steps

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Check your eligibility prior to applying

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If approved your loan could be paid in under an hour

Representative 49.7% APR (variable). Representative Example: If you borrow £2,600.00 over 36 months at a Representative rate of 49.7% APR and an annual interest rate of 41.00% (fixed), you would pay 36 monthly instalments of £126.61. The total charge for credit will be £1,957.89 and the total amount payable will be £4,557.89.

Choose Wisely is a trading style of Choose Wisely Limited and is a free to use price comparison website. Choose Wisely Limited is authorised and regulated by the Financial Conduct Authority as a credit broker not a lender, firm reference number 730574 and is registered with the Information Commissioner’s Office number Z3106681.

What is a personal loan?

A personal loan is a form of borrowing where the amount borrowed is repaid over a set period of time, typically between 12 and 60 months, at an agreed rate of interest.

What can a personal loan be used for?

There are a wide range of uses for a personal loan which are typically taken out to cover the cost of a large purchase including home improvements, car purchases & weddings. Personal loans are also used for debt consolidation, for example paying off multiple credit cards with one personal loan because personal loans typically have lower rates of interest.

What types of personal loan are available?

The type of loan you can take out depends on your credit rating which can have serious implications on what types of loans you will be eligible for as well as the amount of interest you will need to pay. For those with strong credit ratings, you are more likely to be able to borrow money at a lower rate of interest. As we move further down the credit rating scale, interest rates increase and additional requirements may be placed on you, e.g. having a guarantor in place to enable you to take out a loan.

Will I be eligible for a personal loan?

We have partnered with ChooseWisely to give you access to a range of personal loans and ChooseWisely’s “get accepted” tool which will give you an indication as to whether you will be accepted prior to completing a full loan application. Unlike others, there are no percentage chances of being accepted, instead, you will be given a clear indication as to whether you may be accepted or not, subject to necessary fraud and credit checks.

You can then compare personal loan rates that you are potentially eligible for and apply online.

Click the compare button on this page to begin Choose Wisely’s “get accepted” journey.

Personal Loan FAQs

How much can I borrow and for how long?

Loan amounts range from £300 up to £25,000 and can be borrowed over a period of 3 – 60 months depending on how much you borrow. A longer term loan lowers your monthly payments but will make the overall amount you repay higher.

How much do I need to repay?

Your monthly repayments and total repayment amount will depend on your credit rating which takes into account a number of factors including your credit history and income. The best way to find out how much you can borrow and how much it will cost is to check your eligibility.

How long do I have to wait for the loan to arrive in my bank?

It varies between lenders but can as quick as 15 minutes.

What Is APR?

APR stands for Annual Percentage Rate and it is the interest you pay on the total amount of your loan. A lower APR means a lower monthly repayment amount.

Will applying for a loan show on my credit report?

Completing the “get accepted” journey with Choose Wisely will not show on your credit report, however a full credit search will be undertaken if you go through to a full application. This will be shown on your credit report.

Written By Michael Foote, Insurance and Finance Expert

Michael Foote is the founder of Quote Goat and has over 13 years experience working in the finance, insurance and currency sectors. Since launching Quote Goat he has appeared on TV as well as many of the largest online publications including Forbes, The Telegraph and The Metro. Prior to Quote Goat, he worked in finance in the city for a number of firms including HSBC.