How much do you want to borrow?
£15,001 £25,000Over how many months?
12 months 96 monthsMonthly Repayment
Total Interest paid
Arrangement Fee
Total amount paid
9.9%
£15,001 - £25,000
Minimum Term 1 year
Loans up to £25,000 - 8 years
Direct Debit from your HSBC current account
Approved before 5:00pm - 2 hours
Approved after 5:00pm - next working day
No Fee
They offer a 3 month payment deferral at the beginning of your loan
OR
You can choose a month in which you would like to take a holiday each year
Transferred into your HSBC current account
No
66th for APR of 423 loans in the UK (See Lender League Table By APR)
If you hold a current account with HSBC, you can apply for a loan with them. They offer unsecured personal loans between £15,001 and £25,000. You can only apply if you have £700 paid into your account every month.
You can apply online, or you can apply via telephone. They will give you a provisional decision within a few minutes if you do the application online and they will also send you an email with this decision. If accepted, you will need to sign an electronic loan agreement and they'll transfer the money directly into your HSBC account. They can get the money in your account today, as long as you don't apply after 5:00pm. If you apply after 5:00pm, the money will go into your account the next working day.
HSBC are a big, well-known, high-street bank. They have a reputation for getting the money into your account quickly as it is transferred to you directly. Their repayments can be quite low, suited to your budget, depending on the size of the loan. The online application is simple, but can be quite lengthy if you're not used to filling out forms. If you enter your bank details, it will fill in your personal details so you don't have to do it again. They will however look at your credit history, so may not be a suitable option if your history is particularly poor (i.e. have made late payments, have CCJs or defaults).
Current Offers:
|
Default Fees |
Default Notice - £25.00 |
|
Early Settlement Fees |
If you don't give 28 days notice - 28 days interest, plus an early settlement fee equal to one additional month's interest calculated on the balance outstanding will be payable If you give 28 days notice - One additional month's interest calculated on the balance outstanding will be payable |
|
Late Payment Fees |
Missed Direct Debit Charge - Missed Direct Debit Charge |
HSBC Bank plc, Arlington Business Centre, Millshaw Park Lane, LS11 0PP
0800 032 4735
