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It’s quick and easy to compare loans with us. We show key details upfront, and you can apply in minutes. Some providers even auto-fill your application, so you only enter your details once.
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Compare cheap loans.
Rates from 5.9%[1]
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MoneySuperMarket is a credit broker not a lender. You must be 18 or over and a UK resident
Our best loan rates
Compare our cheapest rates for each of the different loan amounts. Check your eligibility today or use our calculator below to see how much your monthly repayments might be.
Loan Amount | Representative APR* from | Eligibility Checker |
|---|---|---|
£3k - £4,999 | 8% (Santander) | |
£5k - £7,500 | 6.9% (M&S Bank) | |
£7,500 - £15k | 5.9% (M&S Bank) | |
£15,001 - £20k | 5.9% (M&S Bank) |
Accurate on 21 September 2026
*Rates shown are representative rates, which means that at least 51% of those accepted must get this rate but others can be charged more. Actual rate depends on individual financial circumstances.
Compare loans from 49[4] providers
We work with a wide range of providers, including the big loan brands, to help you borrow the money you need
Why compare loans with MoneySuperMarket?
It’s simple to compare loans with us, and we’ll show you your chance of being approved for each loan deal.
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Protect your credit score
Good news: when you compare loans with MoneySuperMarket, you don't have to worry about hurting your credit score as we'll only carry out a soft search.
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We'll search the market
We have a wide range of leading lenders for you to compare loans from. When searching with us, you can order loans by likelihood of you being accepted to ease any fears of rejection.
What can I spend my loan on?
There are many things that you can spend your personal loan on. Between May and July 2026, the most common purpose for taking out a loan was to consolidate debts.
*MoneySuperMarket loans enquiry data from May - July 2026
What are the different types of loans?
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Unsecured or personal loans
An unsecured loan, or personal loan means you don't need to use something you own as collateral. Lenders use your financial history to decide if you qualify and how much you can borrow - it helps if you have a good credit score and have kept up with debt repayments before.
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Secured or homeowner loans
With a secured loan or homeowner loan, you put up an asset - usually a property that you own or pay the mortgage on - as security. If you don’t keep up with the repayments, the lender can seize the asset – meaning you could lose your home.
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Guarantor loans
Guarantor loans are another option if you have poor or limited credit. They work like a regular loan, except that you need a guarantor when you apply. This is someone (normally a family member) who promises to make your repayments if you miss any.
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Business loans
A business loan can offer an affordable way to borrow funds to help you build your business. With a loan you can spread the repayments over a term that suits you and your business needs.
Top reasons for loan application declines
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Changed details after pre-approval
67% of declined loan applications happen because the applicant changes key details after being pre-approved.
Why? Income, employment, address or other application changes can mean the applicant no longer meets the lender’s pre-approval criteria.
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Affordability decline
13% of declined loan applications happen because the lender decides the applicant may not be able to comfortably repay the loan.
Why? Income, spending, existing debts, financial commitments or disposable income may not meet the lender’s affordability checks.
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Bureau mismatch
10% of declined loan applications happen because the applicant’s details do not match credit reference agency data.
Why? The lender may not be able to verify the applicant’s identity, address, income or eligibility using the information provided.
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Credit risk issue
6% of declined loan applications happen because the applicant does not meet the lender’s credit-risk criteria.
Why? Their credit score, credit history, recent borrowing or repayment activity may fall outside the lender’s requirements.
Our expert says…
If you’ve been making minimum payments on a credit card for some time, or juggling multiple debts, it may be worth considering whether a personal loan could make your borrowing easier to manage.
Consolidating your debts can simplify your finances by combining everything into a single monthly repayment and, in some cases, reduce the amount of interest you pay. However, it won’t reduce the total amount you owe and could cost more overall depending on the rate and term, so it’s important to compare the total amount repayable, not just the monthly cost.
Representative APRs are designed to help you compare products, but they aren’t guaranteed. Lenders only need to offer this rate to at least 51% of successful applicants, so the rate you receive will depend on your individual circumstances, including your credit profile and overall financial situation.
Before making any changes, check for fees or early repayment charges and ensure that consolidating your debts will genuinely save you money.
It’s also important to remember that consolidation isn’t a solution on its own. You’ll still need a plan to pay down what you owe, and avoid building up new balances, as continuing to borrow could leave you worse off over time.
Kara Gammell Personal Finance & Insurance Expert
Can I get a loan with bad credit?
Yes, you can get a loan if you have a bad credit score. There are specialist lenders who specialise in lending money to people with low credit ratings. Having a low credit score doesn't mean you can’t get a loan; however, your options will be more limited than someone with a good credit rating.
What is considered a bad credit score?
A credit score in the ‘very poor’ or ‘poor’ range is generally considered bad. This can make it harder to be accepted for credit or mean you’re offered a higher interest rate.
Credit reference agencies use different scoring systems and may hold different information about you, so your score can vary between agencies.
Use our handy loans calculator
Use our handy personal loan calculator tool to find out how much your monthly repayments could be, and how much you can afford to borrow
Loan calculator
Find out what monthly repayments would be, how much you'll pay overall and how much you could borrow.
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Based on the information you supplied, you would be borrowing XXX and repaying the loan in XXX monthly instalments of . The total sum to repay, subject to XXX% APR over the full loan term would be XXX. This assumes there are no extra fees and that your payments are made on time and in full.
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Based on the information you supplied, you could borrow XXX at a monthly repayment rate of to be paid over XXX monthly instalments. Over the full loan term at XXX% APR, the total amount repayable would be XXX. This assumes there are no extra fees and that your payments are made on time and in full.
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The maximum personal loan is £50,000
If you need a larger amount, consider a secured loan, which will allow you to borrow more but uses your home as collateral. Be aware that lenders can sell your house if you fail to keep up with repayments.
How can I get a cheaper loan?
Borrow over a longer period
Improve your credit score
Enhancing your credit score can unlock better loan rates. Our MoneySuperMarket research indicates that registering on the electoral roll can boost your score by an average of 41 points. Additionally, correcting any errors on your credit report and paying bills on time are straightforward ways to improve your credit score.
Increase your income
While this isn’t always an immediate solution, our data shows that borrowers earning £30,000–£39,999 pay an average APR of 19.8%, compared to 22.9% for those earning £20,000–£29,999. If possible, taking on additional work or negotiating a pay rise can improve your chances of securing a better deal.
Compare loan providers
Shopping around and comparing loan options can help you find the most competitive rates. Our loan comparison can provide a clear overview of available deals tailored to your needs and credit profile.
More loan guides
If you’re looking for more information about loans, you’ve come to the right place. We have many guides you can read to help you get to grips with loans.
How much do people borrow on average?
The amount you borrow depends on what you're using the loan for - here's what MoneySuperMarket customers borrow, on average, for anything from financing home improvement to taking out a car loan.
How to compare loans with MoneySuperMarket
We’re here to help find the right loan for you, so we’ll show you the rates you may be eligible for.
How to avoid loan-related scams
Be wary of anyone who guarantees you’ll be accepted for a loan, asks you to pay an upfront fee or pressures you to act quickly. A legitimate lender will not ask you to pay money before releasing your loan.
Always use a lender’s official website or contact details, and check that a firm is authorised by the Financial Conduct Authority before you apply. Never share your bank details, passwords or security codes with someone who contacts you unexpectedly.
If you think you’ve been contacted by a fraudster, please stop all communication with them and report it to Action Fraud.
If it’s someone impersonating MoneySuperMarket, please contact our customer services team
If you're asked to pay an up-front fee for a loan - it's likely to be a scam
Check out our tips on how to keep you and your family safe from scams.
How do I earn SuperSaveClub Rewards with a loan?
SuperSaveClub is our rewards club exclusively for MoneySuperMarket customers – you can find out more about SuperSaveClub here.
When you take out a loan from a selected lender, you’ll be eligible for SuperSaveClub rewards. At the moment, not all lenders are part of our rewards programme. When you search for a loan with us, you’ll be able to see which lenders are part of the programme, as the loans that come with a SuperSaveClub reward will be highlighted in your results.
The lenders who are currently signed up to SuperSaveClub are:
118 118 Money
Abound
Admiral
Asda
Bamboo
Bank of Scotland car finance
Be Savvi
Churchill
Everyday Loans
Finio
Fluro
Halifax car finance
Halifax loans
Hastings Direct
John Lewis Finance
Lendable
Lloyds bank car finance
MBNA
MCF
Monzo
Novuna (SSC only)
Oakbrook
Plata
Reevo
Santander
Shawbrook
Zopa
What information will I need to provide in my loan application?
When applying for a loan orcar finance deal, you’ll need to provide personal details such as your name, contact details and address. You’ll also have to let the lender know your employment status and your income. You will also be asked what you need the loan for and how much you’re looking to borrow. You should expect to be asked about any debts and assets you have as well as if you’re a homeowner.
How long can I take out a loan for?
The length of your loan can vary depending on the type of loan you take out and the provider you choose, but it could be anywhere between a year and ten years. Taking out a loan for a longer period of time may reduce your monthly payments, but you may end up paying more for the loan due to interest payments.
How do I know if I’m eligible for a loan?
Different lenders and different types of loans will have varying requirements, but in general whether or not you qualify will depend on your personal details and your credit history. However you can always compare loans on MoneySuperMarket – all you need to do is answer a few questions about the loan you want to take out and you’ll be given a tailored list, which you can sort by interest rates and the likelihood of your application being accepted.
How do I apply for a loan?
You can generally apply for loans by contacting the provider you choose – either by calling through the phone, sending an application form through the post, applying online, or dropping in to their branch (if they have one) to apply in person.
How quickly will I get my loan money?
How quickly you receive your money depends on the lender and your application. Once your loan has been approved and you’ve completed any required checks, the money is often paid into your bank account within a few days. Some lenders may be able to send it sooner.
Do I need a good credit rating?
For many loans you’ll need a good credit history to be accepted, but some providers also offer loans designed for people with poor or no credit. For example, you can get guarantor loans where someone else will commit to make your repayments if you can’t.
Will my credit score band affect the offer I get?
Your credit score can affect whether you’re accepted for a loan and the rate you’re offered, but your score band is not the only thing lenders consider. They will also look at factors such as your income, spending, existing borrowing and repayment history.
Different credit reference agencies use different scoring systems, so a score that looks low with one agency may not mean the same thing with another. Checking your eligibility with a soft search can show you which loans you’re more likely to be accepted for without affecting your credit score.
What is a soft search?
A soft search lets us check your eligibility for loans without affecting your credit score. It can help you see which deals you're more likely to be accepted for before you make a full application.
What if I miss repayments?
Missing repayments can mean you might be fined by your lender, and it could also end any low or zero interest incentives you have. It may even lead to a hike in the interest rate you’ll make future repayments at.
What is an APR?
APR, or your Annual Percentage Rate, is the interest rate at which you pay back money you’ve borrowed. It takes into account the actual interest rate you pay, plus any other fees or charges involved in the deal, to give you a more complete picture of what your loan will cost.
When you see a rate advertised as the representative APR, this means the lender is required to offer this rate to at least 51% of applicants – however it doesn’t mean you’re guaranteed to receive this interest rate yourself.
Representative 16.5% APR
Maximum APR 99%
What is a repayment holiday?
A repayment holiday is when you don’t have to make any loan repayments for a certain period of time that you’ve agreed with your lender. They’re generally good for when you’ve had a temporary change of circumstances, such as unemployment, maternity, or unexpected expenditures.
Can I overpay or repay my personal loan early?
You can usually make overpayments or repay an unsecured personal loan early. Contact your lender to ask for a settlement figure, which tells you the amount needed to clear the loan on a particular date.
Paying off your loan early can reduce the interest you pay, but your lender may charge an early repayment fee. Check your loan agreement before you apply, and compare the fee with the interest you could save.
Does APR rise with interest rate increases?
It depends on the type of loan you have. If you have a variable-rate loan, an interest rate increase could mean a higher APR and higher repayments. If you have a fixed-rate loan, your interest rate and repayments should stay the same for the agreed term.
Check whether a loan has a fixed or variable rate before you apply, so you understand how changes in interest rates could affect what you repay.
Lenders
Curious about who’s behind the loans? Take a look at each lender’s page below to learn more:
Reviewed on 28 Sep 2026 by
Sources and supporting information
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[1]
Lowest representative APR for loans between £7.5k and £15k. Accurate on 28 August 2026. Subject to credit status.
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[2]
Selected providers. SuperSaveClub restrictions and T&Cs apply. Click here for details.
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[3]
YouGov Survey 1st July 2024 to 30th June 2025. Net Recommend score derived from “Which of the following online service websites would you recommend to a friend or colleague, or tell them to avoid?” Base: Current Customers of (MoneySuperMarket n=18,382, Compare the Market n=16,802, Go.Compare n=10,162, Confused.com n=8,229, Uswitch n=528).
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[4]
Accurate as of 25 September 2026.
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[5]
Based on the loan enquirys made on MoneySuperMarket between June 2026 and August 2026.
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[6]
Based on the median loan amount from enquirys made on MoneySuperMarket in August 2026 where the purpose of the loan was Debt.
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[7]
Based on the median loan amount from enquirys made on MoneySuperMarket in August 2026 where the purpose of the loan was Home Improvement.
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[8]
Based on the median loan amount from enquirys made on MoneySuperMarket in August 2026 where the purpose of the loan was Car.
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[9]
Based on the median loan amount from enquirys made on MoneySuperMarket in August 2026 where the purpose of the loan was Holiday.
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[10]
Based on the median loan amount from enquirys made on MoneySuperMarket in August 2026 where the purpose of the loan was Wedding.
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[11]
Based on the median loan amount from enquirys made on MoneySuperMarket in August 2026 where the purpose of the loan was Other.
