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Expertly compared by Daniel Tannenbaum

Products Updated April 9, 2021

The actual rate you're offered will depend on your personal circumstances – including your credit rating.

17 providers expertly compared:

Natwest Bank

Loan Amount
£7,500 - £19,950

Annual Percentage Rate (APR)
3.9%

Loan Term
1 - 5 years

Loan Type
Unsecured Personal Loan

Status
Homeowners & Tenants

Rated 4.8/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

3.9%

Total repaid will be:

£50,805

With the Natwest if you're thinking about buying a new car, getting your your finances in order or making some new home improvements then a loan from the Natwest could be just what you need.

Representative Example

17 providers expertly compared:

Royal Bank of Scotland

Loan Amount
£1,000 - £50,000

Annual Percentage Rate (APR)
3.9%

Loan Term
1 - 5 years

Loan Type
Unsecured Personal Loan

Status
Homeowners & Tenants

Rated 4.5/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

3.9%

Total repaid will be:

£50,805

To apply, you must be 18+ and a UK resident with a Royal Bank of Scotland current account (held for 3+ months). Borrowing money is a big decision. But with a personal loan from the RBS, it doesn't have to be a headache.

Representative Example

17 providers expertly compared:

Paragon Bank

Loan Amount
£10,000 - £250,000

Annual Percentage Rate (APR)
3.7%

Loan Term
1 - 30 years

Loan Type
Secured & Unsecured Loans

Status
Homeowners & Tenants

Rated 4.7/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

3.7%

Total repaid will be:

£50,805

Paragons finance packages contain flexible terms to make sure you get a deal that's right for you. From personal loans to second charge mortgages Paragon has a range of funding solutions

17 providers expertly compared:

Hastings Direct

Loan Amount
£1,000 - £25,000

Annual Percentage Rate (APR)
3.8%

Loan Term
0 - 5 years

Loan Type
Unsecured Personal Loan

Status

Rated 4.5/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

3.8%

Total repaid will be:

£50,805

If you're looking to replace your car, planning on some new home improvements, or you simply wish to get your finances in order, a personal loan from Hastings Direct could be the funding solution you're looking for.

Representative Example

17 providers expertly compared:

Prestige Finance

Loan Amount
£10,000 - £250,000

Annual Percentage Rate (APR)
3.8%

Loan Term
1 - 30 years

Loan Type
Secured Loans

Status
Homeowners & Tenants

Rated 4.4/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

3.8%

Total repaid will be:

£50,805

Prestige Finance is part of OneSavings Bank who are a specialist lender, primarily focused on carefully selected sub-sectors of the mortgage and loan market through an integrated multi-brand approach.

17 providers expertly compared:

Post Office

Loan Amount
£1,000 - £25,000

Annual Percentage Rate (APR)
3.1%

Loan Term
1 - 5 years

Loan Type
Unsecured Personal Loan

Status
Homeowners & Tenants

Rated 4.5/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

3.1%

Total repaid will be:

£50,805

Loans from the Post Office are provided by Bank of Ireland UK. Post Office Limited is a credit broker and not a lender. Terms from 1 year to 7 years, depending on the amount borrowed and funds could be transferred the following day with an instant lending decision in most cases.

Representative Example

17 providers expertly compared:

AA Loans

Loan Amount
£1,000 - £25,000

Annual Percentage Rate (APR)
3.1%

Loan Term
1 - 5 years

Loan Type
Unsecured Personal Loan

Status
Homeowners & Tenants

Rated 4.4/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

3.1%

Total repaid will be:

£50,805

The AA don't just keep cars on the road, they can help keep your finances running smoothly too. Whether it's a new purchase, a holiday in the sun or getting some help to manage your existing debt the AA is here to help with a personal loan.

Representative Example

17 providers expertly compared:

Leap

Loan Amount
£100 - £15,000

Annual Percentage Rate (APR)
4%

Loan Term
1 - 6 years

Loan Type
Peer-to-Peer Loan

Status
Homeowners & Tenants

Rated 4.8/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

4%

Total repaid will be:

£50,805

Leap's aim is to help streamline your debts with a low-interest peer-to-peer loan, so you’ll have more money to do more of what you love doing.

17 providers expertly compared:

Lending Works

Loan Amount
£1,000 - £25,000

Annual Percentage Rate (APR)
7.9%

Loan Term
1 - 5 years

Loan Type
Peer-to-Peer Loans

Status
Homeowners & Tenants

Rated 4.5/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

7.9%

Total repaid will be:

£50,805

Lending Works is a peer to peer lender that connects people that want to invest their money with borrowers who want to get a better rate on their personal loan. Loans available from £1,000 to £25,000 over 1 -5 years.

17 providers expertly compared:

Zopa

Why?

This provider is our Expert’s Choice in its category as it won tops marks for the following.

  • TRUST
  • VALUE
  • EXPERTISE & KNOWLEDGE
  • CUSTOMER SERVICE

Learn more about how we review and assess the providers here on Lending Expert.

Loan Amount
£1,000 - £25,000

Annual Percentage Rate (APR)
9.9%

Loan Term
1 - 7 years

Loan Type
Peer to Peer Lender

Status
Homeowners & Tenants

Rated 5.0/ 5

Good Credit

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

9.9%

Total repaid will be:

£50,805

Zopa directly match people looking for a personal loan with people looking to invest. It's their way of making money simple and fair. Since 2005 Zopa have approved a staggering £2.92 billion in loans.

Representative Example

17 providers expertly compared:

My Community Finance

Loan Amount
£1,500 - £25,000

Annual Percentage Rate (APR)
23.9%

Loan Term
1 - 5 years

Loan Type
Unsecured Personal Loan

Status
Homeowners & Tenants

Rated 4.5/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

23.9%

Total repaid will be:

£50,805

My Community Finance have taken inspiration from the past to build a better financial future - where community matters. They’re a network of Credit Unions and ethical lenders. My Community Finance looks to give everyone access to fairly priced financial products.

Representative Example

17 providers expertly compared:

Lendable

Loan Amount
£1,000 - £25,000

Annual Percentage Rate (APR)
27.9%

Loan Term
1 - 5 years

Loan Type
Unsecured Personal Loan

Status
Homeowners & Tenants

Rated 4.3/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

27.9%

Total repaid will be:

£50,805

Lenable offer fast loans at fair rates. See your rate before you apply - it won’t affect your credit score. Lendable offer a paperless application with instant quotes. You can manage your loan online, top up, repay early without a settlement fee.

Representative Example

17 providers expertly compared:

Oplo

Loan Amount
£2,000 - £15,000

Annual Percentage Rate (APR)
18.2%

Loan Term
2 - 6 years

Loan Type
Poor Credit Lender

Status
Homeowners & Tenants

Rated 4.4/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

18.2%

Total repaid will be:

£50,805

Oplo Personal Loans offer unsecured personal loans from £2,000 to £15,000. Whether you’re looking to buy a new car, a new kitchen or thinking of any type of major purchase they can help secure the funding you need.

Representative Example

17 providers expertly compared:

Koyo

Why?

This provider is our Expert’s Choice in its category as it won tops marks for the following.

  • TRUST
  • VALUE
  • EXPERTISE & KNOWLEDGE
  • CUSTOMER SERVICE

Learn more about how we review and assess the providers here on Lending Expert.

Loan Amount
£1,000 - £7,500

Annual Percentage Rate (APR)
27%

Loan Term
1 - 5 years

Loan Type
Unsecured Personal Loan

Status
Homeowners & Tenants

Rated 4.4/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

27%

Total repaid will be:

£50,805

Koyo offers one-day loan approval and they normally give a decision after 1 full working day. Once approved, Koyo says the money could be in your account within 1 working day.

Representative Example

17 providers expertly compared:

Everyday Loans

Loan Amount
£1,000 - £15,000

Annual Percentage Rate (APR)
93.6%

Loan Term
2 - 5 years

Loan Type
Unsecured Personal Loan

Status
Homeowners & Tenants

Rated 4.3/ 5

Poor Credit

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

93.6%

Total repaid will be:

£50,805

With everyday loans, you're more than just your credit score. Here at everyday we look at your credit future, not just your credit history. As such even if you have bad credit now or you've had a poor credit score in the past, we may be able to help.

Representative Example

17 providers expertly compared:

George Banco

Loan Amount
£1,000 - £15,000

Annual Percentage Rate (APR)
36.9%

Loan Term
1 - 5 years

Loan Type
Guarantor Loan

Status

Rated 4.2/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

36.9%

Total repaid will be:

£50,805

With George Banco all you need is a friend or family member who knows and trusts you, who can support the loan if for any reason you are unable to make a your payments. Get an instant online quote with no ill effect on your credit score.

Representative Example

17 providers expertly compared:

Buddy Loans

Loan Amount
£999 - £10,000

Annual Percentage Rate (APR)
49.9%

Loan Term
1 - 5 years

Loan Type
Guarantor Loan

Status

Rated 4.2/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

49.9%

Total repaid will be:

£50,805

At Buddy Loans their goal is to pay out your money on the same day of the application and they will still consider your application if you can afford it, even if you have CCJs or DEFAULTS. Buddy Loans can be used for any purpose such as debt consolidation, car purchase or home improvements.

Representative Example

Read our customer and visitor reviews for this product:

Rating: 4.5 / 5 with 2 votes

Good comparison

by Mandy Thomson

Good comparison service and lenders to choose from. Easy application form.

Plently of loans to choose from

by SL

These facility by Feasible.co.uk provided many solutions and gave me choice of several lenders as part of the search. Vey fast and no issues using them. Quick to phone me back also.

Borrow from 2.9% APR with Good Credit Loans 

If you have a good credit rating, you can often access loans with the lowest rates and have the highest chances of approval. By having a good credit score, the lender feels confident that you will be able to repay on time, and can reward you with low cost loans as a result. 

Lending Expert offers a simple way to compare loans for good credit ratings. With rates starting from just 2.9% APR, customers can borrow up to £25,000 repaid over 1 to 30 years. 

Simply click on the lender of your choice and click on ‘check my eligibility’ where you will be taken directly to the lender’s website where you can apply. All applications will be subject to further checks and if your loan is successfully approved, you can typically receive funds in 24 to 48 hours.
 

The Benefits of Good Credit Loans 

  • Borrow up to £25,000
  • Repay of 1 to 30 years
  • High approval and acceptance
  • Low rates from 2.9% APR
  • Same day funding available
  • No early repayment fees
  • No guarantor required

 

Good credit loans are usually types of unsecured loans, where you do not require any collateral or assets to be eligible for finance. Your eligibility is based purely on your income, affordability and credit score and you do not risk losing anything as part of the loan.
 

What is Considered To Be a Loan for Good Credit? 

For many UK lenders, the credit score is a good indication of how well the individual (or company) has repaid previous loans, credit cards and bills in the past. This information is used to determine their future eligibility for loans.

With different credit scores depending on the credit reference agency, if you are in the higher credit rating bracket, you will be deemed to have a good credit score and this will maximise your chances of approval.

 

  • For Experian, your credit score must be between 881-999
  • For Equifax, your credit score must be between 420 and 700
  • For Callcredit, your credit score must be between 4 and 5

 

Most lenders will have a minimum score requirement (this will depend on the lender) and if you meet the criteria, you can be eligible for a good credit loan, giving you some of the best rates on the market.

People with good credit scores will usually achieve this by having a strong history of paying off things like credit cards, loans and other bills on time. If you always pay on time and have zero or a limited number of missed repayments or defaults, it is likely that you would have achieved a good credit rating. This is important since it can maximise your chances of being approved for things like credit cards, loans and mortgages – and help you get the best rates.

You can also maintain a strong credit rating by not having too much credit open (such as dozens of loans or credit cards) and if you avoid sharing a bank account with someone with poor credit.
 

What is The Eligibility Criteria for a Good Credit Loan? 

 

  • Over 18 years of age
  • Full-time UK resident
  • Employed and working in the UK
  • Good or fair credit score
  • Able to afford monthly repayments
  • Up-to-date with your other financial commitments (no arrears)
  • Valid UK bank account, email and phone number

 

A key thing when determining your eligibility is your affordability. Whilst individuals may have a good credit score, they may have lots of other credit card bills and loans open and any additional loans could stretch them financially. 

So taking your affordability into account is key. If you are looking to consolidate your existing debts, you can apply for a debt consolidation loan, which will help you put all debts into one single payment every month.
 

How Can I Get a Good Credit Score Loan?

You can apply for good credit loans with Lending Expert using our comparison table provided. We have partnered with a number of very good credit lenders who offer low rates for people with high credit scores. 

If you are looking for a loan with a good credit rating, it is important that you do not have too many other outgoings or loan commitments, since this is something that lenders will review and want to make sure that you are not too stretched financially.  

A soft credit check is taken during the application process, which will assess your credit score and find the best loan for you. During this process, your credit score is not affected and will not have any impact on future applications. When you have completed an application with a lender, you will receive an instant decision and you can choose to proceed further.
 

What Information Do I Need To Apply for a Loan with Good Credit? 

  • How much you would like to borrow
  • How long you would like to borrow for
  • Name
  • Address
  • Contact Details
  • Employment and income

 

How To Apply For Good Credit Loans With Lending Expert 

Compare good credit score loans using our table provided. We have partnered with a number of competitive lenders who offer low rates and are actively looking to fund new applicants every day. 

You can compare the loan duration, loan amounts, repayment terms and more – and when you are ready, simply click on ‘check my eligibility.’ 

There are no fees for applying through Lending Expert – and there never will be. We will never pass on your details to any other companies without your permission and you are able to apply with each lender directly. Once you submit your information, you will be given a provisional loan decision and if you pass all the standard checks, you can receive funds to your bank account within 24 to 48 hours or the same day of applying.  

FAQ

Partners with Lending Expert can offer up to £25,000 for customers with good credit scores.

Falling under personal loans, you can repay over 1 to 30 years, usually in equal monthly repayments and the option to repay early at any point.

The average loan application takes less than 5 minutes to complete online and to give you a provisional decision. Make sure that you have your details available including your address, monthly income and bank account details (so the lender knows where to deposit funds). Your loan will always be subject to further checks.

Financial products can be used to get used to paying debt on time and thereby helping you to build up your credit score. Using basic credit cards or credit builder cards are the best way to do this.

Nothing. There will be no fees applied and no impact to your credit score. Lending Expert is here to help. We offer a range of financial alternatives, including credit cards, guarantor and secured loans and we cater for all credit histories.

No, if you apply for a personal or unsecured loan, it will not damage your credit score. If the lender runs a soft check, this will disappear shortly after. If the lender runs a hard credit search, this will remain on your record for 12 months but will not impact you negatively.

Yes. A lender will look at your loan affordability and check that your current income from your casual or part-time work is adequate to meet the loan repayments. You will also need to show proof of income from your current employer such as your most recent payslips.

Yes. Most lenders consider self-employed and sole trader applicants as long as you can show sufficient proof of income from either your business or dividends as a company director.

No, you typically do not require a guarantor or any other security to be eligible for a good credit loan. Your good credit score should be sufficient to get the loan you need and you can apply with no other parties involved.

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