JN Bank

JN Bank personal loans review

JN Bank offers personal loans with a focus on flexible repayment options, but what rate can you expect?

JN Bank loan calculator

Name Product Total Payable Monthly Repayment Representative APR Link
JN Bank 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.

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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.

JN Bank loan rates at a glance

The JN Bank Personal Loan charges 9.9% APR representative on loans between £2,500 and £4,900. JN Bank offers the loan with repayment terms between 1 and 5 years and applicants can apply to borrow from £1,000 to £15,000.

Key features of JN Bank personal loans

Once you’ve been approved, your loan will generally be funded within two working days, and you can manage your loan online.

Loan typeUnsecured Personal Loan
Loan amounts£1,000.00 to £15,000.00
Loan terms1 Year to 5 Years
Loan rate typeFixed
Product fee0%
Same day funding available
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 methodsDirect Debit

Am I eligible for a JN Bank personal loan?

To be eligible for a JN Bank personal loan, you’ll need to meet the following criteria:

  • Be at least 21 years old
  • Have been a UK resident for at least two years
  • Have a monthly income of at least £1,000 (after tax)
  • Have an email address and UK phone number
  • Have a UK bank account

What credit score do I need to get a JN Bank loan?

JN Bank typically offers loans to applicants with high credit scores. It's important to note that your credit record is just one factor that JN Bank will consider. However if you don't have a high credit score, you're very unlikely to get approved for a JN Bank loan.

A "Good" or "Excellent" credit rating would require a score of 881 or higher if you're referring to Experian's scale, 531 or higher if you're referring to Equifax's scale and 604 or higher if you're referring to TransUnion's scale.

Do JN Bank loans give an instant decision?

Yes, JN Bank offers instant decisions online in most cases (occasionally more information may be required). First, you can use the soft search eligibility checker to find out your chances of getting approved (this won't affect your credit score). Then, if you opt to go ahead and apply, you'll get an instant answer. JN Bank can also offer same-day funding of your loan.

Can I get a second JN Bank loan?

JN Bank doesn't allow you to run multiple loans at the same time. However, JN Bank does allow you to effectively "top up" your loan, by closing your current loan and starting a new, larger loan. There's no penalty for repaying ahead of time, but bear in mind that overpayments may be subject to up to two month's of interest beyond the date on which you overpay. Don't forget, each application for credit will be considered on its own merit.

Can I make overpayments on a JN Bank loan?

Yes, you can make overpayments without incurring any penalty fee. However JN Bank can continue to charge interest for up to two months on any sums overpaid, so although making overpayments stands to save you money in interest, you may not save quite as much as you'd imagined.

How can I get a loan from JN Bank?

You can apply for a JN Bank personal loan online via the JN Bank website. You’ll need to provide certain personal information when you apply, including the following:

  • Your name and contact details
  • Your bank account details
  • Information on your employment and income
  • Your monthly spending

Pros and cons


  • Early repayment option
  • Quick approval


  • Relatively strict eligibility criteria
  • Limited loan amounts

JN Bank customer reviews

JN Bank has received positive reviews from customers, according to review platform Trustpilot. It currently has an “excellent” rating of 4.6 out of 5, based on more than 200 reviews (updated 7 April 2021). Some customers praised the quick and easy loan application process, while others highlighted its excellent and helpful service.

Frequently asked questions

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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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