{"id":115250,"date":"2018-06-27T09:37:03","date_gmt":"2018-06-27T08:37:03","guid":{"rendered":"https:\/\/www.finder.com\/uk\/?page_id=115250"},"modified":"2026-01-06T09:01:20","modified_gmt":"2026-01-06T09:01:20","slug":"clydesdale-bank-personal-loans","status":"publish","type":"post","link":"https:\/\/www.finder.com\/uk\/personal-loans\/clydesdale-bank-personal-loans","title":{"rendered":"Clydesdale Bank personal loans review"},"content":{"rendered":"

Please note: You should always refer to your loan agreement for exact repayment amounts as they may vary from our results.<\/p>

Late repayments can cause you serious money problems. See our debt help<\/a> guides.<\/p><\/div><\/article>

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Important: Clydesdale Bank has now joined forces with Virgin Money. If you\u2019re an existing customer, you can still manage your loan as normal. If you\u2019re a new customer, you can take out a loan with Virgin Money<\/a>.<\/p>\n<\/div>\n

What is Clydesdale Bank?<\/h3>

Established in Glasgow in 1836, Clydesdale Bank is one of Scotland\u2019s largest banks, with 67 branches and a network of private banking centres. Along with Yorkshire Bank, it is part of the independent banking group CYBG PLC.<\/p>

In October 2018, both Clydesdale Bank and Yorkshire Bank were taken over by Virgin Money and now operate as part of the Virgin Money brand. <\/p>

Virgin Money personal loans are only available to existing customers who have a Virgin Money current account or are a Clydesdale Bank or Yorkshire Bank customer. You\u2019ll need to have a good credit rating to be considered. If you\u2019re approved for a personal loan with Virgin Money, it acts as a lender, not a broker \u2013 you\u2019re borrowing from it directly.<\/p>

What can a Clydesdale Bank loan be used for?<\/h3>

An extra financial boost could help you pay for home improvements, a wedding or the holiday of a lifetime. Paying a large amount at one time can be difficult, but Clydesdale Bank can help you pay the money back over a set period with a competitive and flexible fixed-rate personal loan. It\u2019s quick and simple to apply online at the Clydesdale Bank website.<\/p>

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\n \n \n <\/circle>\n <\/path>\n <\/svg>\n <\/span>\n What is APR?<\/span>\n <\/h4>\n
\n If you\u2019re comparing any credit-based products, it won\u2019t be long before you come across the Annual Percentage Rate (APR). This figure is designed to provide an annual summary of the loan\u2019s cost. It takes into account both interest and any mandatory charges to be paid (for example, an arrangement fee) over the loan\u2019s duration.

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.<\/p>

Bear in mind, however, that lenders are only obliged to award this rate to 51% of those who take out the loan \u2013 the other 49% could pay more. That\u2019s why it\u2019s often referred to as the representative<\/strong> APR.\n <\/p><\/div>\n <\/div>\n<\/div>\n

Am I eligible for a Clydesdale Bank personal loan?<\/h3>

You should only apply for a Clydesdale Bank personal loan if you\u2019re certain you can meet the repayment terms. You must also:<\/p>