santander logo

Compare Santander personal loans

Santander offer fixed rate personal loans to new and existing customers. It’s as easy as 1,2,3.

Santander Group is a Spanish bank that originated (in case you hadn’t already guessed it) in the city of Santander, Spain. After purchasing both Alliance & Leicester and the savings arm of Bradford & Bingley, and merging with Abbey National, Santander became a fixture of the UK high street.

Whether you’re looking to buy a new car, consolidate debt, refurbish the kitchen, or take that desperately needed holiday, Santander offers competitive and flexible fixed-rate loans. It’s quick and easy to apply online, and you don’t need to already bank with Santander (although existing customers may be able to access a better rate).

How can we help?

Lady lying back on sofa using a tablet

See pre-approved rates

Quickly see which lenders can offer you a loan, whatever your credit rating and without hurting your credit score.

Get quick quotes
Hikers helping each other climb

Guarantor loans

Apply with a friend or relative who promises to step in if you don’t repay your loan, and access better rates than you might alone.

Learn more

Man in cafe looking at laptop

Compare loan rates

Fast and simple comparison of live APRs and overview of borrowing options from a panel of popular UK lenders.

Compare rates

warning icon Warning: late repayments can cause you serious money problems. See our debt help guides.

Key features of Santander personal loans.

These loans are unsecured personal loans, meaning they’re be based on creditworthiness, rather than using property, vehicles and other assets as collateral.

You can apply for any amount between £1,000 and £20,000 over terms from 1 year up to a maximum of 6 years.

While Santander’s rates can be competitive, the advertised representative APR may not be the rate you’ll receive: Santander will offer you a rate based on assessment of your personal financial circumstances.

  • Loan terms from 1-5 years.
  • Loan amounts from £1,000-£20,000.
  • Fixed monthly repayments. Meaning you’ll pay the same amount each month and you know how much the loan is going to cost overall.
  • Quick decision. A decision will be made within 24 hours.
  • Quick access to funds. After your signed agreement is received, funds will be in your account within 1 day.
  • Personal loans are available to new and existing Santander customers.
  • Overpay your loan at no extra cost.

Existing customers (such as 1|2|3 World and Santander Select customers) may also be subject to preferential rates depending on the size of the loan and personal circumstances.

What is APR?

If you’re comparing any credit-based products, it won’t be long before you’ll come across the Annual Percentage Rate (APR). This figure is designed to provide an annual summary of the cost of a loan. It takes into account both interest and any mandatory charges to be paid (for example an arrangement fee) over the duration of a loan.

All lenders must calculate the APR of their products in the same way, and must tell you the APR before you sign an agreement, so for consumers it can be a handy tool for comparison.

Bear in mind, however, that lenders are only obliged to award this rate to 51% of those who take out the loan – the other 49% could pay more. That’s why it’s often referred to as the representative APR.

Am I eligible for a Santander personal loan?

You should only apply for a Santander personal loan if you’re certain you can meet the repayment terms, and you meet the following criteria:

  • You must be at least 21 years old.
  • Have a valid form of ID.
  • Be a permanent UK resident.
  • Have a regular gross annual income of at least £6,000.
  • Have a bank or building society account with a Direct Debit facility.
  • Have not been declared bankrupt, had a CCJ or an IVA within the last 6 years.

Santander will consider your application taking into account factors like your credit score, income and expenditure.

How do I apply?

If you’ve decided that a Santander personal loan is for you, then you can apply online. Make sure you have the following things handy:

  • Addresses for the past 3 years.
  • Employer’s address and postcode.
  • Monthly income and expenditure.
  • Bank/building society details.

Frequently asked questions

Was this content helpful to you? No  Yes
Go to site