Find a personal loan that’s just that – personal

If you need to make a large purchase or payment, a personal loan could help. It allows you to borrow a lump sum of money up front and repay over an agreed period. Once you’re approved, the funds will normally be paid directly to your bank account for you to use straight away.

Lenders look at a number of things when reviewing a loan application, this includes details about you, your income, the amount of money that you’re looking to borrow, and your credit history.

Personal loans are a great way of making large purchases or paying off outstanding bills via a single monthly instalment for an agreed amount of time.

We understand that applying for a personal loan might feel complicated, but it really isn’t.

Whether planning a wedding, purchasing a car, starting some home improvements or making a large purchase, a personal loan can give you access to the finances you need.

At Loanbuzz, we make applying for a personal loan simple and straightforward. We’ll find you a lender that’s best placed to help based on your personal circumstances and needs.

  • We only show you loans that you’re likely to be accepted for
  • You’ll get offers straight away from lenders
  • We present unique loans, tailored to your circumstances
  • We keep your details private, so you won’t get any hassle from third parties

The repayments you make will depend on your situation and the amount of the loan you go for.
You must be a UK resident over 18 years old to apply.

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How can a personal loan help you?

A personal loan can give you access to money almost instantly following a successful application. Provided you keep up with repayments, a personal loan can also help you improve your credit score. People often choose a personal loan over alternative sources of finance for the following purposes:

Wedding

Your wedding is one of the happiest days of your life, yet it can also take a lot of planning. Finding the money to pay the average wedding costs (which can reach over £30,000) might be daunting. That’s why lenders offer personal loans for weddings, to support couples and allow them to pay the money back over time.

New car

There are different types of loans available for people looking to buy a new vehicle. The advantage of a personal loan is that it allows you to own the car outright. With other solutions, you’re likely to be tied to the car dealership you’re dealing with, and the car won’t be yours until you’ve finished paying all of the instalments. With a personal loan, you’re well placed to negotiate a good deal with whomever you want to buy the car from.

Home improvement

Thinking of giving your home a new look? Improving your home has the potential to add value to your property and change the way you live. Financing improvements doesn’t have to be difficult; a home improvement loan could help you get the money in place to fund your project. Whether you want to modernise your kitchen, convert your loft, re-carpet your living room or simply freshen things up, home improvement loans can provide you with the money you need to complete your transformation.

Debt consolidation

A debt consolidation loan may help you reduce the amount you pay each month on your existing debts. You borrow enough money to pay off current debts, meaning that you have only one monthly repayment. You can lower your monthly repayments as a whole by choosing this route, repay your debts sooner, or both. At the same time, you might be able to improve your credit rating in a convenient way.

Holiday

A holiday loan is simply a personal loan that can be used to pay for a trip in the UK or abroad. If you’re not in a position to put the money down upfront, a holiday loan could be a useful option. Lots of people use a holiday loan to pay for their ideal holiday. If your savings won’t stretch far enough, a holiday loan could be the answer. Whether it’s for your annual family holiday, time away with friends or even a honeymoon, we can help.

Ready to get a loan ?

Use our personalised search to find the loan first time

check your eligibility for a loan

What’s the cost of a personal loan?

A personal loan can be a great way of helping you make a large purchase affordably. When comparing the cost of personal loans, it’s worth understanding the factors that impact the total amount that you’ll repay – including the annual percentage rate (APR) and any charges.

Here’s some things to look out for, and how Loanbuzz can help:

  1. We show you the actual APR you’ll be charged -

    1. Most comparison sites and lenders simply show you a representative APR. However, only some people will get the interest rate as advertised – meaning that a large number of applicants will pay more. At Loanbuzz, we show you the Truerate: a figure including the entire cost of your loan.
  2. We compare loan offers without harming your credit rating -

    1. A less-than-perfect credit rating can still be accepted for a loan; however, you might be charged a higher interest rate. At Loanbuzz, we display quotes from lenders that include the true APR you’ll be charged alongside the likelihood you’ll be approved – all without affecting your credit score.
  3. We only work with lenders who offer a fixed interest rate -

    1. Some personal loans have variable interest rates, allowing them to change over time. For this reason, if you’re struggling to afford initial repayments, avoid this type of loan. At Loanbuzz, we only display fixed-rate offers, so you know exactly how much you will pay each month until the loan is fully repaid.
  4. We flag up any arrangement fees -

    1. Some lenders charge an arrangement fee, which could make a loan more expensive. At Loanbuzz, we’ll always show you the APR and the total amount repayable for each lender (including any arrangement fee, interest and other charges), so you can easily compare the total cost of loans available.

Let’s get going

Simply fill out your contact information, the amount you’d like to borrow, and details about your residential status, income and employment, and we’ll help find a loan that’s truly personal to you.

Ready to get a loan ?

Use our personalised search to find the loan first time

check your eligibility for a loan

We're choosy about who we work with

Every lender we work with is a reputable company, fully authorised and regulated by the Financial Conduct Authority (FCA). We know they’ll treat you fairly and be transparent.

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What makes us different?

Loanbuzz was designed to help consumers compare loans with confidence. We think the days of showing only headline interest rates that tease users into applying for products they may not be eligible for needs to end. Loanbuzz aims to make it easy to apply for loans by ensuring every product you see is a pre-approved or agreed in principle offer from a lender.

  • We’ll always be straight with you.
  • We’ll always work hard to find a lender for your circumstances, every time.
  • We’ll always show you True Rate offers — you’ll know if you can apply and be successful.
  • We’ll always hold our lenders to a very high standard. All of our lenders are authorised and regulated by the FCA.

  • We’ll never take risks with your personal data - we only share it with our trusted panel of lenders, in order to ensure you find a suitable loan.
  • We’ll never contact you without your permission.
  • We’ll never put loans higher up your results table, just because they’ll earn us more money.