Bamboo unsecured personal loan review October 2021

For those whose credit record is less than perfect and who might have struggled to get approved for a loan, the specialist lender Bamboo offers fixed-rate unsecured personal loans.

No reviews yet. Write a review

What is Bamboo?

If you’re looking to borrow between £1,000 and £8,000, and don’t have excellent credit, a Bamboo personal loan could be worth a closer look.

Because this loan comes with a fixed rate of interest, you’ll know in advance what you’ll be paying each month and overall.

You don’t need to own a home in order to apply (and if you do, your home won’t be used to secure your loan).

Name Product Total Payable Monthly Repayment Representative APR Link
Bamboo Personal Loan
Check eligibility
View details
Representative example: Borrow £10,000.00 over 3 years at a rate of 59.7% p.a. (fixed). Representative APR 59.7% and total payable £18,981.36 in monthly repayments of £527.26.

Compare up to 4 providers

Late repayments can cause you serious money problems. See our debt help guides.

Key details

Loan typeUnsecured Personal Loan
Loan amounts£1,000.00 to £8,000.00
Loan terms1 Year to 5 Years
Loan rate typeFixed
Product fee0%
Same day funding available
Same day funding noteFor applications approved and completed prior to 3pm.
Instant decisions in most cases
Soft-search facility available
Joint applications
Overpay without penalty
Concurrent loans allowed
Topping-up pays off existing loan and initiates a new loan
Repayment methodsCheque, Standing Order
Representative example: Borrow £10,000.00 over 3 years at a rate of 59.7% p.a. (fixed). Representative APR 59.7% and total payable £18,981.36 in monthly repayments of £527.26.

Am I eligible?

Available toNew or Existing Customers
Age18 or over
ResidencyUK resident (not including the Isle of Man and Channel Islands)
Credit profilesFair
Additional requirementsMust have a UK bank account and a valid UK debit card

How do I apply?

The online form on Bamboo’s site should only take 10–15 minutes. As well as the usual, basic personal details, you’ll need to submit details of your income and employment plus your address history for the last three years.

You’ll normally receive an instant decision. This will be based on factors like your income, expenditure and credit history. If you are offered a loan, take a close look at the offer – rates are tailored to the individual, so you might not be offered the advertised representative APR.

Bamboo states that the funds could be in your bank account the same day, provided you’re approved by 3pm. This doesn’t include weekends or bank holidays.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.

More guides on Finder

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site