The Post Office is no longer accepting new personal loans applications. We’ve kept this review for historical purposes. You can compare to our list of alternative good credit score loans below.
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 methodologyPlease 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.
Post Office Money personal loans were unsecured loans – meaning they were based on creditworthiness, rather than using property, a vehicle or other asset as collateral.
While Post Office Money rates were normally competitive, the advertised representative APR may not have bene the rate you’ll receive: Post Office Money did offer you a rate based on factors including your credit score, your income and your expenditure. We based our calculations on the advertised APR.
| Loan type | Unsecured Personal Loan |
|---|---|
| Loan amounts | £1,000.00 to £40,000.00 |
| Loan terms | 1 Year to 7 Years |
| Loan rate type | Fixed |
| Fee | Varies |
| 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 methods | Direct Debit |
Post Office Personal Loans were provided by Bank of Ireland UK. Post Office Limited was a credit broker and not a lender.
The Annual Percentage Rate (APR) is designed to provide an annual summary of the cost of a loan. All lenders must calculate it using the same formula. They must take into account both interest and any mandatory charges to be paid (for example an arrangement fee) over the duration of the loan. Post Office Money doesn’t charge application/arrangement fees, so its interest rate and APR will be one and the same.
Post Office Money’s APRs vary depending according to the amount and term you’re after – as our calculator shows – but they’ll also vary according to your personal situation. The representative APR is the APR that Post Office Money offers to at least 51% of its borrowers. The other 49% may be offered a higher rate.
In other words, if Post Office Money thinks that you’re a really safe bet to lend money to (based on things like your credit score, your income/outgoings etc.), then it will likely offer you its representative APR. Since Post Office Money advertises some of the most competitive representative APRs you’ll find on the market, it’s likely that you’ll need excellent credit to bag those advertised rates.
You should only have applied for a Post Office Money personal loan if you were certain you could meet the repayment terms, and you met the following criteria:
87% of customers we surveyed in 2026 would recommend Post Office Money to a friend.
It provides a dependable loan service backed by a trusted, familiar brand. Customers appreciate the straightforward application process and the speed at which funds are transferred once approved.
The customer service team is described as helpful and supportive. The only notable drawback mentioned by users is that tracking the remaining loan balance online could be made slightly more intuitive.
AI-generated summary from the text of customer reviews on Finder.
You can contact the Post Office’s customer service on 0800 169 2000. You can contact the Post office on Monday to Friday from 8am – 7pm and on Saturdays from 8am – 2pm, but are closed on Sundays and on bank holidays
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