Norwich Trust loan calculator

Use our Norwich Trust loan calculator to get an idea of how much you'd pay back on a fixed-rate, unsecured Norwich Trust personal loan as a new or existing customer. Loan amounts between £3,000 and £20,000 with rates starting from 27.9%.

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Norwich Trust logo

UK Credit, the sister brand of Norwich Trust, used to handle 2 types of loans. To better cater to customer needs, the company has transferred its unsecured homeowner loan accounts to Norwich Trust. UK Credit will still oversee its guarantor loan accounts.

Norwich Trust is a direct lender (not a broker) serving people who may have struggled with finances before. Its loans are designed for people who may find it hard to get a loan from high street lenders but don’t want to put forward their home as collateral.

Table: sorted by representative APR, promoted deals first
1 of 1
Product Finder Score Loan amounts Loan terms Fee Repayments
Norwich Trust logo
Finder score
Finder score
£3,000 - £20,000
3 years - 10 years
0%
£325.46 (£19,527.51 overall)
Representative Example: Representative 34.9% APR fixed. Based on a loan of £10,000 for 60 months at 34.9% p.a. Total £19,527.51 repayable at £325.46 per month.
Representative Example: Representative 34.9% APR fixed. Based on a loan of £13,000 for 66 months at 30.31% p.a. Total £26,848.14 repayable at £406.79 per month.
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Finder Score for unsecured loans

To make comparing even easier 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.

How do Norwich Trust's loans compare against the competition?

See today's rates from across the personal loan market.

Norwich Trust loan rates at a glance

The Norwich Trust Limited Unsecured Homeowner Loan charges 27.9% APR representative on loans between £20,000 and £20,000. Norwich Trust offers the unsecured personal loan with repayment terms between 3 years and 10 years, and applicants can apply to borrow from £3,000 to £20,000.

Key features of a Norwich Trust loan

Loan typeUnsecured Personal Loan
Loan amounts£3,000 to £20,000
Loan terms3 years to 10 years
Loan rate typefixed
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,Standing order,Cheque

What is an unsecured loan?

An unsecured loan is a loan that doesn’t require you to put any assets at risk should you default on the loan. A better credit score is often required to take out an unsecured loan, as there is no collateral protecting the lender.

How does a Norwich Trust unsecured loan work?

Norwich Trust’s rates are tailored to you and may vary from the advertised representative APR. You can apply in as little as a few minutes with no impact on your credit rating. Your credit rating will only be impacted when the loan is paid out. You must be a homeowner to apply for the loan.

You won’t be hit with any upfront fees, and because the interest rates are fixed, you’ll always pay the same each month. You can request an early settlement figure, which includes an early settlement interest of approximately 2 months interest and is valid for 28 days.

APR and Representative APR explained

The Annual Percentage Rate (APR) is a summary of the yearly cost of a loan. It takes into account both interest and any unavoidable charges you'll need to pay (for example an arrangement/product fee) over the duration of a loan. Because Norwich Trust doesn't charge an arrangement fee, its APR comprises just the interest rate – and so they're one and the same.

However, the vast majority of lenders tailor rates (and therefore APRs) to the individual applicant. If they think you're a riskier bet, they'll offset that by offering you a higher APR. The "representative APR" (as defined by the Financial Conduct Authority) is what Norwich Trust gives to at least 51% of those who take out the loan. The other 49% could pay more. Norwich Trust must calculate APR in the same way as other lenders, and must tell you your personal APR before you sign a loan agreement.

Norwich Trust advertises a representative APR of 27.9% on loans between £20,000 and £20,000 on the Norwich Trust Limited Unsecured Homeowner Loan.

Am I eligible for a Norwich Trust loan?

To apply for a Norwich Trust loan, you must meet the following eligibility criteria:

Available toNew or existing customers
Age21 to 70
ResidencyUK resident
Min. income15600
Credit profilesFair, Poor
Acceptance noteMinimum Applicant Income £1,300 Per Month, £1,800 Per Month if under 30.
Additional requirementsMust not have been bankrupt in the last 3 years.
Must not have been in an Individual Voluntary Arrangement (IVA), subject to a Trust Deed or in a Debt Management Plan (DMP) in the past 12 months.
Must be a homeowner.

How do I apply for a Norwich Trust loan?

Once you have checked your eligibility and have compared all borrowing options available to you, you can apply for a Norwich Trust loan by following the below steps:

  1. Enter the amount you want to borrow and for how long on the Norwich Trust website.
  2. Fill out the application form.
  3. After running a few checks, Norwich Trust calls you to run through some of the final details.
  4. Once approved, the loan is paid directly into your bank account.

Pros and cons

Pros

  • No collateral required
  • No guarantor needed
  • Early repayment allowed
  • Poor credit history considered

Cons

  • You must be a homeowner
  • Lower borrow amount than secured loans

Noriwch Trust customer reviews

Norwich Trust received positive reviews from customers, according to review platform Trustpilot. It currently has an “excellent” rating of 4.7 out of 5, based on more than 180 reviews (updated July 2025). Many customers were quick to praise their customer service and the straightforward process.

Customer support information

You can contact the Norwich Trust customer care team by phone on or by email at welcome@norwichtrust.co.uk (for new customers) or myloan@norwichtrust.co.uk (for existing customers) with any queries.

Our verdict

If you have had credit problems in the past, then Norwich Trust could be a good option for taking out a loan that doesn’t require you to put up your house or car as collateral or sign a guarantor. As with any loan, you should only borrow within your means. If you can’t make the repayments, you run the risk of damaging your credit score.

Frequently asked questions

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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Written by

Publisher

Emily Herring is a Publisher at Finder specialising in credit-based products including credit cards and business and personal loans. Emily has recently joined the Investments team. She has a Masters in Creative Writing & Publishing and a Bachelor of Arts in Communication & Media. See full bio

Emily's expertise
Emily has written 118 Finder guides across topics including:
  • Loans & credit cards
  • Building credit
Co-written by

Publishing assistant

Ben Sharpe was a publishing assistant at Finder. He specialised in credit products, including credit cards and personal loans. In his spare time he can be found playing drums or enjoying a game of badminton. See full bio

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