Creation personal loans

If your car is cranky or your house is bursting at the seams, you might be looking for an additional source of finance. A personal loan from Creation could be a way of funding that extension or getting you back on the road.

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Creation Financial Services

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Table: sorted by representative APR, promoted deals first
Name Product Total Payable Monthly Repayment Representative APR Link
Creation Financial Services Argos Unsecured Personal Loan
Creation Financial Services Argos Unsecured Personal Loan
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Representative example: Borrow £10,000.00 over 3 years at a rate of 9.9% p.a. (fixed). Representative APR 9.9% and total payable £11,527.92 in monthly repayments of £320.22.
Creation Financial Services Creation Loans
Creation Financial Services Creation Loans
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Representative example: Borrow £10,000.00 over 3 years at a rate of 9.9% p.a. (fixed). Representative APR 9.9% and total payable £11,527.92 in monthly repayments of £320.22.

Compare up to 4 providers

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.

What is Creation Finance?

You might not have heard of Creation Financial Services – it’s probably not what you’d call a household name. But it’s actually the outfit behind the store cards of some of the UK’s biggest names in retail.

Creation says that its customers don’t want complicated products, and so it prides itself on providing fixed-rate personal loans with no hidden tricks or catches, promising no surprises down the line.

Key features of a Creation personal loan at a glance

These personal loans are unsecured – which means they’re be based on creditworthiness, rather than the use of property or other assets as collateral. Here are some of the other key things to know about Creation personal loans:

  • Loan amounts from £1,000-£25,000. You can borrow up to £25,000 for almost any reason, such as a car purchase, home extension or other big purchase.
  • A range of loan terms, depending on value. You can borrow money over terms from one to five years, in twelve month increments. One-year terms are only available for Creation loans of £15,000 or less.
  • Instant decision. You will usually get an instant decision on your loan if you apply online.
  • No arrangement fees. Creation does not charge an “admin” or “set-up” fee for its personal loans.
  • Fixed rates and repayments. Your rate and monthly repayment figure are fixed for the whole term of the loan.
  • Early repayment available. You can repay all or part of your loan at any time, but you will need to contact Creation to request a final settlement figure.

Bear in mind that the advertised Representative APR is the interest rate Creation offers to the majority of applicants who request a particular loan amount. However, Creation may offer a different APR based on your personal circumstances

What can a Creation personal loan be used for?

  • Car purchase. Compare personal loans as an alternative to car finance.
  • Home improvements. Extend your house, buy new fixtures/fittings or landscape your garden.
  • Holiday. Take the that longed-for trip.
  • Consolidating debts. Move multiple debts to one fixed-rate loan.
  • Other. From a wedding to a boat – there’s not much you can’t use a personal loan for.

There’s a few things you can’t do with a Creation personal loan however:

  • Business investment or expansion.
  • Speculative investments or timeshare purchases.
  • Funding criminal activity.

How do Creation loans compare against the competition?

Table: sorted by representative APR, promoted deals first
Name Product Total Payable Monthly Repayment Representative APR Link
Creation Financial Services Argos Unsecured Personal Loan
Creation Financial Services Argos Unsecured Personal Loan
View details
Representative example: Borrow £10,000.00 over 3 years at a rate of 9.9% p.a. (fixed). Representative APR 9.9% and total payable £11,527.92 in monthly repayments of £320.22.
Hitachi Personal Finance Hitachi Personal Loan
Check eligibility
View details
Representative example: Borrow £10,000.00 over 3 years at a rate of 3.2% p.a. (fixed). Representative APR 3.2% and total payable £10,493.64 in monthly repayments of £291.49.
Creation Financial Services Creation Loans
Creation Financial Services Creation Loans
View details
Representative example: Borrow £10,000.00 over 3 years at a rate of 9.9% p.a. (fixed). Representative APR 9.9% and total payable £11,527.92 in monthly repayments of £320.22.
NatWest Existing Customer Personal Loan (specific eligibility criteria apply)
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View details
Representative example: Borrow £10,000.00 over 3 years at a rate of 3.4% p.a. (fixed). Representative APR 3.4% and total payable £10,524.24 in monthly repayments of £292.34.
Post Office Money® Personal Loan
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Representative example: Borrow £15,001.00 over 3 years at a rate of 3.1% p.a. (fixed). Representative APR 3.1% and total payable £15,718.32 in monthly repayments of £436.62.
Royal Bank of Scotland Existing Customer Personal Loan (specific eligibility criteria apply)
Go to site
View details
Representative example: Borrow £10,000.00 over 3 years at a rate of 3.4% p.a. (fixed). Representative APR 3.4% and total payable £10,524.24 in monthly repayments of £292.34.
AA Member Loan
Check eligibility
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Representative example: Borrow £10,000.00 over 3 years at a rate of 3.0% p.a. (fixed). Representative APR 3.0% and total payable £10,462.68 in monthly repayments of £290.63.
Zopa Personal Loan
Check eligibility
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Representative example: Borrow £10,000.00 over 5 years at a rate of 8.8% p.a. (fixed) with an application fee of £240.00. Representative APR 9.9% and total payable £12,602.87 in monthly repayments of £210.05.
Lloyds Bank Existing Customer Personal Loan
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Representative example: Borrow £10,000.00 over 3 years at a rate of 3.9% p.a. (fixed). Representative APR 3.9% and total payable £10,601.64 in monthly repayments of £294.49.
Lending Works Personal Loan
Check eligibility
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Representative example: Borrow £10,000.00 over 3 years at a rate of 5.8% p.a. (fixed) with an application fee of £0.00. Representative APR 10.0% and total payable £11,543.40 in monthly repayments of £320.65.
M&S Bank Personal Loan
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View details
Representative example: Borrow £10,000.00 over 3 years at a rate of 2.9% p.a. (fixed). Representative APR 2.9% and total payable £10,447.20 in monthly repayments of £290.20.

Compare up to 4 providers

Please note: You should always refer to your loan agreement for exact repayment amounts as they may vary from our results.

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.

Am I eligible for a Creation personal loan?

You can apply for a Creation loan if you meet the following criteria:
  • You must be a permanent UK resident and have been a UK resident for at least 3 years
  • You must be between 23 and 70 at the date of application
  • You must have an annual income of at least £12,000
  • You must have a bank or building society current account
You will not be eligible (and should not apply) if any of the following criteria apply to you:

  • You are a student, homemaker or unemployed
  • You are making a joint application
  • You have an adverse credit history, such as missed or late payments, County Court Judgements (CCJ) or bankruptcy

How do I apply?

If you think that a Creation personal loan is the right choice for you, there are five steps to the application process.

  1. Use the Creation personal loans calculator to get a quote for the monthly cost of your loan, depending on the amount borrowed and the repayment term.
  2. Complete an online application – this should take about ten minutes.
  3. Creation will use the information you provide, together with details from a credit reference agency, to assess your application.
  4. If your application is accepted, Creation will send you two copies of your loan agreement, which you must sign and complete in the highlighted areas. One copy must be returned to Creation by post.
  5. Once Creation has received your signed agreement, the money will usually be paid into your bank or building society account within 5 working days (excluding weekends or bank holidays).

Will you be approved?

Check your personalised rates and likelihood of acceptance.

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.

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