Loans like RateSetter

RateSetter is perhaps the biggest name in peer-to-peer lending right now, but it's not alone, compare alternatives.

Established in 2010, RateSetter originally started as a peer-to-peer lending platform, providing swift and competitive fixed rate loans, with a maximum amount of £35,000, available online. In August 2020, Metro Bank successfully acquired RateSetter.

Before you take out a personal loan, it’s smart to read up and shop around. You can use the table below to see how much you’d be likely to pay for the loan that you have in mind from a range of popular lenders:

Personal loan calculator

Table: sorted by representative APR, promoted deals first
9 of 34 results
Finder Score Loan amounts Loan terms Fee Repayments
Finder score
£1,000 - £30,000
1 year - 7 years
0%
£128.09 (£4,611.22 overall)
Representative Example: Representative 9.9% APR fixed. Based on a loan of £4,000 for 36 months at 9.9% p.a. Total £4,611.22 repayable at £128.09 per month.
Representative Example: Representative 5.8% APR fixed. Based on a loan of £10,000 for 60 months at 5.8% p.a. Total £11,502.6 repayable at £191.71 per month.
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M&S Bank logo
Finder score
Finder score
£1,000 - £30,000
1 year - 7 years
0%
£128.09 (£4,611.22 overall)
Representative Example: Representative 9.9% APR fixed. Based on a loan of £4,000 for 36 months at 9.9% p.a. Total £4,611.22 repayable at £128.09 per month.
Representative Example: Representative 5.8% APR fixed. Based on a loan of £10,000 for 60 months at 5.8% p.a. Total £11,502.6 repayable at £191.71 per month.
Check eligibility More info
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Santander logo
Finder score
Finder score
£1,000 - £25,000
1 year - 5 years
0%
£128.09 (£4,611.22 overall)
Representative Example: Representative 9.9% APR fixed. Based on a loan of £4,000 for 36 months at 9.9% p.a. Total £4,611.22 repayable at £128.09 per month.
Representative Example: Representative 5.9% APR fixed. Based on a loan of £10,000 for 60 months at 5.9% p.a. Total £11,529 repayable at £192.15 per month.
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HSBC logo
Finder score
HSBC Personal Loan
Finder Award
Finder score
£1,000 - £30,000
1 year - 8 years
0%
£134.94 (£4,857.89 overall)
Representative Example: Representative 13.9% APR fixed. Based on a loan of £4,000 for 36 months at 13.9% p.a. Total £4,857.89 repayable at £134.94 per month.
Representative Example: Representative 6.4% APR fixed. Based on a loan of £10,000 for 60 months at 6.4% p.a. Total £11,661.05 repayable at £194.35 per month.
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HSBC logo
Finder score
Not yet rated
Finder score
Not yet rated
£1,000 - £30,000
1 year - 8 years
0%
£134.94 (£4,857.89 overall)
Representative Example: Representative 13.9% APR fixed. Based on a loan of £4,000 for 36 months at 13.9% p.a. Total £4,857.89 repayable at £134.94 per month.
Representative Example: Representative 6.4% APR fixed. Based on a loan of £10,000 for 60 months at 6.4% p.a. Total £11,661.05 repayable at £194.35 per month.
Check eligibility More info
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AA logo
Finder score
Not yet rated
Finder score
Not yet rated
£1,000 - £35,000
1 year - 8 years
0%
£148.42 (£5,343.05 overall)
Representative Example: Representative 21.8% APR fixed. Based on a loan of £4,000 for 36 months at 21.8% p.a. Total £5,343.05 repayable at £148.42 per month.
Representative Example: Representative 6.4% APR fixed. Based on a loan of £7,500 for 60 months at 6.4% p.a. Total £8,745.6 repayable at £145.76 per month.
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AA logo
Finder score
Not yet rated
Finder score
Not yet rated
£1,000 - £35,000
1 year - 8 years
0%
£148.59 (£5,349.16 overall)
Representative Example: Representative 21.9% APR fixed. Based on a loan of £4,000 for 36 months at 21.9% p.a. Total £5,349.16 repayable at £148.59 per month.
Representative Example: Representative 6.5% APR fixed. Based on a loan of £7,500 for 60 months at 6.5% p.a. Total £8,765.4 repayable at £146.09 per month.
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John Lewis Money logo
Finder score
Not yet rated
Finder score
Not yet rated
£1,000 - £50,000
1 year - 7 years
0%
£128.09 (£4,611.22 overall)
Representative Example: Representative 9.9% APR fixed. Based on a loan of £4,000 for 36 months at 9.9% p.a. Total £4,611.22 repayable at £128.09 per month.
Representative Example: Representative 9.9% APR fixed. Based on a loan of £10,000 for 60 months at 9.9% p.a. Total £12,594.46 repayable at £209.91 per month.
Check eligibility More info
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Admiral logo
Finder score
Finder score
£1,000 - £40,000
1 year - 8 years
0%
£133.23 (£4,796.27 overall)
Representative Example: Representative 12.9% APR fixed. Based on a loan of £4,000 for 36 months at 12.9% p.a. Total £4,796.27 repayable at £133.23 per month.
Representative Example: Representative 12.9% APR fixed. Based on a loan of £10,000 for 60 months at 12.19% p.a. Total £13,405.8 repayable at £223.43 per month.
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Showing 9 of 9 results

Finder Score for unsecured loans

To make it even easier to compare and evaluate unsecured loans we came up with the Finder Score. Speed, features and flexibility across 60+ lenders are all weighted and scaled to produce a score out of 10. The higher the score the better the lender – simple.

Read the full methodology
13 of 19 results
Finder Score Loan amounts Loan terms Fee Repayments
Novuna Personal Finance logo
Finder score
Finder score
£1,000 - £35,000
2 years - 7 years
0%
£127.75 (£4,598.87 overall)
Representative Example: Representative 9.7% APR fixed. Based on a loan of £4,000 for 36 months at 9.7% p.a. Total £4,598.87 repayable at £127.75 per month.
Representative Example: Representative 5.7% APR fixed. Based on a loan of £7,500 for 60 months at 5.7% p.a. Total £8,607.6 repayable at £143.46 per month.
Check eligibility More info
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JustUs logo
Finder score
Not yet rated
JustUs Personal Loan
Finder score
Not yet rated
£2,000 - £25,000
2 years - 5 years
product.FEES.FEE
N/A
Representative Example: Representative 13.01% APR fixed. Based on a loan of £10,000 and £250 arrangement fee for 60 months at 11.5% p.a. Total £13,723.39 repayable at £228.72 per month.
Check eligibility More info
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Shawbrook Bank logo
Finder score
Finder score
£1,000 - £50,000
1 year - 7 years
0%
£135.28 (£4,870.21 overall)
Representative Example: Representative 14.1% APR fixed. Based on a loan of £4,000 for 36 months at 14.1% p.a. Total £4,870.21 repayable at £135.28 per month.
Representative Example: Representative 14.1% APR fixed. Based on a loan of £10,000 for 60 months at 14.1% p.a. Total £13,732.84 repayable at £228.88 per month.
Check eligibility More info
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Fluro logo
Finder score
Finder score
£1,000 - £25,000
1 year - 5 years
From £250 – £250
£146.83 (£5,285.79 overall)
Representative Example: Representative 17.9% APR fixed. Based on a loan of £4,000 and £250 arrangement fee for 36 months at 15.8% p.a. Total £5,285.79 repayable at £146.83 per month.
Representative Example: Representative 17.9% APR fixed. Based on a loan of £7,500 and £250 arrangement fee for 48 months at 15.8% p.a. Total £10,309.78 repayable at £214.79 per month.
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Abound logo
Finder score
Finder score
£2,000 - £12,000
1 year - 5 years
From £100 – £100
N/A
Representative Example: Representative 21.8% APR fixed. Based on a loan of £2,000 and £100 arrangement fee for 36 months at 17.5% p.a. Total £2,687.58 repayable at £74.67 per month.
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My Community Bank logo
Finder score
Finder score
£1,500 - £25,000
1 year - 5 years
0%
£167.15 (£6,017.39 overall)
Representative Example: Representative 32.9% APR fixed. Based on a loan of £4,000 for 36 months at 32.9% p.a. Total £6,017.39 repayable at £167.15 per month.
Representative Example: Representative 32.9% APR fixed. Based on a loan of £3,000 for 36 months at 28.8% p.a. Total £4,513.04 repayable at £125.36 per month.
Check eligibility More info
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1plus1 Loans logo
Finder score
Finder score
£1,000 - £5,000
1 year - 5 years
0%
£178.80 (£6,436.79 overall)
Representative Example: Representative 39.9% APR fixed. Based on a loan of £4,000 for 36 months at 39.9% p.a. Total £6,436.79 repayable at £178.8 per month.
Representative Example: Representative 39.9% APR variable. Based on a loan of £3,000 for 36 months at 39.9% p.a. Total £4,831.56 repayable at £134.21 per month.
Check eligibility More info
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Finio Loans logo
Finder score
Finder score
£500 - £5,000
1 year - 3 years
0%
£178.80 (£6,436.79 overall)
Representative Example: Representative 39.9% APR fixed. Based on a loan of £4,000 for 36 months at 39.9% p.a. Total £6,436.79 repayable at £178.8 per month.
Representative Example: Representative 39.9% APR fixed. Based on a loan of £2,000 for 24 months at 39.9% p.a. Total £2,785.68 repayable at £116.07 per month.
Check eligibility More info
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Loans by Mal logo
Finder score
Finder score
£1,000 - £5,000
1 year - 3 years
0%
£194.70 (£7,009.03 overall)
Representative Example: Representative 49.6% APR fixed. Based on a loan of £4,000 for 36 months at 49.6% p.a. Total £7,009.03 repayable at £194.7 per month.
Representative Example: Representative 49.6% APR fixed. Based on a loan of £2,500 for 24 months at 24.1% p.a. Total £3,705.12 repayable at £154.38 per month.
Check eligibility More info
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Bamboo logo
Finder score
Finder score
£2,000 - £15,000
1 year - 5 years
0%
£194.86 (£7,014.87 overall)
Representative Example: Representative 49.7% APR fixed. Based on a loan of £4,000 for 36 months at 49.7% p.a. Total £7,014.87 repayable at £194.86 per month.
Representative Example: Representative 49.7% APR fixed. Based on a loan of £3,000 for 30 months at 41% p.a. Total £4,842.46 repayable at £161.42 per month.
Check eligibility More info
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118 118 Money logo
Finder score
Finder score
£1,000 - £8,000
1 year - 5 years
0%
£195.18 (£7,026.55 overall)
Representative Example: Representative 49.9% APR fixed. Based on a loan of £4,000 for 36 months at 49.9% p.a. Total £7,026.55 repayable at £195.18 per month.
Representative Example: Representative 49.9% APR fixed. Based on a loan of £2,000 for 24 months at 41.2% p.a. Total £2,967.43 repayable at £123.64 per month.
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Guarantor My Loan logo
Finder score
Finder score
£2,000 - £12,500
1 year - 5 years
0%
£195.18 (£7,026.55 overall)
Representative Example: Representative 49.9% APR fixed. Based on a loan of £4,000 for 36 months at 49.9% p.a. Total £7,026.55 repayable at £195.18 per month.
Representative Example: Representative 49.9% APR fixed. Based on a loan of £5,000 for 36 months at 49.9% p.a. Total £8,783.28 repayable at £243.98 per month.
Check eligibility More info
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Salad logo
Finder score
Finder score
£300 - £2,000
6 months - 2 years
0%
N/A
Representative Example: Representative 79.5% APR fixed. Based on a loan of £1,000 for 18 months at 59.97% p.a. Total £1,548.18 repayable at £86.01 per month.
Check eligibility More info
Compare product selection
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Showing 13 of 13 results

Finder Score for unsecured loans

To make it even easier to compare and evaluate unsecured loans we came up with the Finder Score. Speed, features and flexibility across 60+ lenders are all weighted and scaled to produce a score out of 10. The higher the score the better the lender – simple.

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

What is Ratesetter?

When a company’s name puts two words together without a space, then there’s a good chance that it’s a fintech upstart – RateSetter is no exception.

The peer-to-peer (P2P) lender is one of a host of new, online-only platforms that form a recent trend in personal finance. These platforms match investors looking to earn bank-beating rates of interest on their savings with borrowers looking to pay as little as possible on their loan. The theory goes that by cutting out the bank in the middle (with all its expensive overheads) P2P platforms can offer market-leading rates.

Compare Ratesetter alternatives

Table: sorted by representative APR, promoted deals first
2 of 4 results
Finder Score Loan amounts Loan terms Fee Repayments
JustUs logo
Finder score
Not yet rated
JustUs Personal Loan
Finder score
Not yet rated
£2,000 - £25,000
2 years - 5 years
product.FEES.FEE
N/A
Representative Example: Representative 13.01% APR fixed. Based on a loan of £10,000 and £250 arrangement fee for 60 months at 11.5% p.a. Total £13,723.39 repayable at £228.72 per month.
Check eligibility More info
Compare product selection
Guarantor My Loan logo
Finder score
Finder score
£2,000 - £12,500
1 year - 5 years
0%
£195.18 (£7,026.55 overall)
Representative Example: Representative 49.9% APR fixed. Based on a loan of £4,000 for 36 months at 49.9% p.a. Total £7,026.55 repayable at £195.18 per month.
Representative Example: Representative 49.9% APR fixed. Based on a loan of £5,000 for 36 months at 49.9% p.a. Total £8,783.28 repayable at £243.98 per month.
Check eligibility More info
Compare product selection
loading
Showing 2 of 2 results

Finder Score for unsecured loans

To make it even easier to compare and evaluate unsecured loans we came up with the Finder Score. Speed, features and flexibility across 60+ lenders are all weighted and scaled to produce a score out of 10. The higher the score the better the lender – simple.

Read the full methodology

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 is provided by Defaqto. In other cases, Finder has sourced data directly from providers.
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Head of publishing

Chris Lilly is Head of publishing at finder.com. He's a specialist in personal finance, from day-to-day banking to investing to borrowing, and is passionate about helping UK consumers make informed decisions about their money. In his spare time Chris likes forcing his kids to exercise more. See full bio

Chris's expertise
Chris has written 529 Finder guides across topics including:
  • Loans & credit cards
  • Building credit
  • Financial health
  • Share trading

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