See your personalised rates
Find lenders that can approve you
Fast funding with no hidden costs
One simple form to compare lenders
Browse personal loan providers: A to Z list
A list of popular lenders providing personal loans to UK borrowers.
Most popular personal loan providers in the UK
A list of personal loan providers
If you’re planning a large expenditure like some home improvements, a wedding or a new car, or if you’re looking to simplify existing debt, then an unsecured personal loan could help you. Here are some popular UK lenders that we review and compare.
J
Z
Halifax
Halifax was founded in 1853 and is now part of the Lloyds Banking Group. It offers personal loans from £1,000 to £25,000 for new and current customers, and existing customers can generally receive approval and funding in as little as 10 minutes.
Zopa
Founded in 2004, Zopa took the lending market by storm being the only lender that offered peer-to-peer (P2P) lending. Since then Zopa has left the P2P market but still offers unsecured personal loans up to £35,000 for 1 year to 7 years. Borrowers will need to be 20 or over and earning at least £12000.00 Per Annum to be eligible for a loan.
Tesco Bank
Tesco Bank is the financial arm of supermarket giant Tesco, and offers personal loans for £1,000 to £35,000, with loan terms from 1-10 years. Tesco Clubcard members may be eligible for discounted interest rates, and borrowers with generally receive their funds within five working days.
Tesco Bank was also the winner of Finder’s 2023 Customer Satisfaction Awards for personal loans.
Sainsbury’s Bank
Sainsbury’s Bank is part of the Sainsbury’s supermarket chain and provides personal loans up to £40,000 for Nectar cardholders, or up to £25,000 for non-cardholders. Nectar cardholders may also be eligible for discounted rates.
Sainsbury’s Bank was also the winner of Finder’s 2023 Customer Satisfaction Awards for personal loans.
Santander
Santander is a Spanish bank and financial services company with a big presence in the UK. To be eligible for a Santander personal loan, borrowers will need to be at least 21 years old and earn at least £6,000 per year. New customers can borrow up to £20,000, and existing customers can borrow up to £25,000.
Santander was also Highly Commended in Finder’s 2023 Customer Satisfaction Awards for personal loans.
M&S Bank
Part of the Marks and Spencer Group, M&S Bank offer personal loans from £1,000 to £15,000 over 1-7 years, or loans from £15,000 to £25,000 with terms of 1-5 years. M&S also offer discounted rates to existing customers, as well as loan repayment deferment options.
HSBC UK
Founded in 1865, HSBC is one of the “Big Four” British banks, and provides personal loans up to £25,000, with loan terms from 1-8 years. Customers will need to be at least 18 years old and earn at least £10,000 per year to be eligible for a loan.
Barclays
Another of the “Big Four” banks, Barclays was founded in 1690, and offers personal loans up to £50,000, with terms between 2 and 5 years. Existing customers can get instant approval, and loans can be funded immediately if it is signed online.
NatWest
NatWest only offers personal loans to existing customers who have had another NatWest product for at least 3-6 months. Customers can borrow up to £50,000, and receive the fund within one business day of approval.
Best personal loan companies for 2024 by customer satisfaction score
In December 2022, we asked 1,347 borrowers to rate their overall satisfaction with their lender and whether they would recommend it to a friend. We converted the results into the star ratings presented below.
Table ordered by percentage of customers who said they’d recommend the brand to a friend (recommendation score)
| Personal loan provider | Customer satisfaction score | Customer rating |
|---|---|---|
| Tesco Bank | 86% | ★★★★★ |
| Sainsbury’s Bank | 86% | ★★★★★ |
| Santander | 87% | ★★★★★ |
| Barclays | 83% | ★★★★★ |
| AA | 83% | ★★★★★ |
| NatWest | 83% | ★★★★★ |
| Post Office | 79% | ★★★★★ |
| Halifax | 78% | ★★★★★ |
| Novuna (formerly Hitachi) | 77% | ★★★★★ |
| M&S Bank | 75% | ★★★★★ |
| Abound (formerly Fintern) | 80% | ★★★★★ |
| HSBC | 77% | ★★★★★ |
| Zopa | 74% | ★★★★★ |
Customer satisfaction ratings methodology
In December 2022, we ran an independent customer satisfaction survey on personal loan providers. We received answers from 1,347 personal loan customers who gave us their opinion on their current lender.
Full details of our star ratings for this sector are on the personal loans rating methodology page.
Personal loan lender ratings
★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor
The customer satisfaction score (“You say”) is based on a survey of 1,347 customers carried out in December 2022.
Comparison of UK lenders
Table: sorted by representative APR, promoted deals first
1 - 10 of 39
Please note: You should always refer to your loan agreement for exact repayment amounts as they may vary from our results.
Late repayments can cause you serious money problems. See our debt help guides.
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. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.
More resources on Finder
More guides on Finder
-
Find out the winners of the Finder Investing & Saving Innovation Awards 2024!
The winners of the Finder Investing & Saving Innovation Awards 2024 have been revealed, find out who won and who was highly commended here.
-
Finder Investing & Saving Innovation Awards 2024
We reveal the brands that are innovating to improve their customers’ experience. Find out the 2024 winners and highly commended brands in saving & investing.
-
Monzo Perks, Max and Extra video review: Is the monthly fee worth it?
Are Monzo Perks, Monzo Max and Monzo Extra worth the money? See our analysis in this video review.
-
Wise vs Revolut: A pair of international money challengers
Learn more about which e-money account you should be using.
-
Wise vs Monzo: Which one offers more?
We compare an international money specialist with a popular neobank to see which offers you more for spending abroad.
-
Wise vs Starling: Which is better for spending abroad?
Wise and Starling offer a different range of features because they’re both different financial products. See how they compare for travel and spending abroad.
-
Bank switching deal requirements have nearly doubled in 4 years – Are customers being deterred?
New research investigates the increasing requirements banks are putting in place for customers to qualify for their switching deals.
-
OneMoneyWay business account review
We take a look at the pros and cons of the OneMoneyWay business account.
-
Best private banks in the UK
Learn more about the exclusive services available with private banks.
-
Altcoins exchanges
Altcoins crypto exchanges table