Personal Loans | Apply Online (2024)

Low interest personal loans for life’s next step

  • Unsecured personal loan specialists with 40 years’ experience

  • Borrow between £1,000 and £35,000

  • Simple online loan application with a decision in minutes

  • Competitive personal loan rates from just 7.4% APR (£7,500-£25,000)

  • Fixed-rate monthly payments on your chosen date

  • No upfront fees or hidden charges

  • Voted UK’s Best Personal Loan Provider for the last 9 years

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Our price promise

Remember, the rate you are offered may vary due to personal circ*mstances and loan amount, the majority of our customers receive the advertised rate. However, if you complete an application directly via the Novuna Personal Finance website and are given a higher APR, we guarantee that you'll never pay more than £236.39 per month with our maximum 32.7% APR Representative when you borrow £7,500 over 5 years*.

The maximum APR you could be offered when you borrow other loan values is 36.4%*. All loans are subject to status.

*Only for applications carried out directly via the Novuna Personal Finance website

Make it a personal loan that’s made for you

Car Loans

Engineered for speed and ease, our car finance loans offer competitive rates, no hidden fees and access funds within 48 hours (excluding bank holidays and weekends).

Car Loans

Home Improvement Loans

Whether you need a loan for renovation, conversion, a conservatory or a loft extension, you’ll feel right at home with a home improvement loan designed around you.

Small Loans

Sometimes little loans can make a big difference. If you’re looking for small loans online between £5,000 and £7,499, we offer some of the best rates on the market.

Small Loans

Leisure Loans

Wedding, holiday or caravan, our leisure and lifestyle loans help create moments you'll always remember. With terms of 2-7 years, payments can be tailored to suit you.

Leisure Loans

What makes us the personal loan lender of choice?

  • We make it personal Back
  • We make it simple Back
  • We make it low interest Back
  • We make it award-winning Back
  • So you can make it happen Back
  • Are you eligible? Back

Our approach to lending has always been, and always will be, personal. We’ve helped over 5 million businesses and individuals across the UK, but we know that every customer is different. With us, you can take out a small loan from £1,000, or for bigger projects you can borrow up to £35,000, with some of the most competitive rates on the market. Once your first payment has been made, you'll even be able to choose the day that the rest of your monthly payments go out.

You might be looking for a £5,000 loan to top-up your wedding funds, £10,000 to help renovate your home, or £25,000 for a brand new car. Whatever your goal is, we’ll have a tailor-made low APR personal loan to help you get there.

We know that when you’re looking for an online loan, you want more than great rates; you want a great reputation for service too. Our customer satisfaction score is consistently 98% or higher, so you can count on a first-rate experience from application to approval.


Our simple online application takes minutes to complete, gives you a decision in minutes and you could have the money in your account within 48 hours (excluding weekends and Bank Holidays).

Once approved, you can manage everything in one place with your online account, giving you complete control of your loan. However, if you need a bit of extra help or you’d prefer to speak to someone, you can always give our friendly UK-based Customer Service Team a call.

We don't charge any upfront fees or hidden costs, either. And it's easy to make overpayments or settle early if you decide you want to pay back your loan earlier than planned.


We specialise in low interest personal loans, with highly competitive rates starting from just 7.4% APR Representative (£7,500-£25,000) and amounts from £1,000 to £35,000. To calculate estimated loan repayments, visit our loan calculator page.


We strive to deliver a great customer experience and to provide some of the most competitive low APR loan rates on the market. We take pride in what we do. That’s why our personal loans are consistently recognised for excellence by our customers and industry peers.

We’ve been voted the UK’s Best Loan Provider in the Awards for the last 9 years running. Now in their 25th year, these awards are the longest standing in the industry and the result of a rigorous judging process based on competitiveness of price and structure.

With an average customer satisfaction score of 4.9/5 stars or higher for more than 5 years running, we’ve also achieved the high standard required to win the Feefo Platinum Trusted Service Provider Award.


Ready to apply for your personal loan? Start your application now and discover the benefits of borrowing with us.

  • Personal approach: Our loans are tailored to your needs. Choose the length of the agreement and the day your payments go out.
  • Simple process: Our straightforward online loan application takes minutes to complete and gives you an instant decision.
  • Low interest rates: We offer some of the best rates available on the market, from 7.4% APR Representative (£7,500 to £25,000)
  • Award-winning service: We’re proud to be the winner of the Best Direct Personal Loan Provider Award from in 2023.


Here is our list of criteria you must meet to apply for a Novuna Personal Finance Loan;

  • You need to be aged 21 or over
  • You must have a bank or building society account
  • You must be a permanent UK resident (and have been living in the UK for at least 3 years)
  • You need to be in permanent paid employment, self-employed or retired with a pension
  • You must have an income greater than £10,000
  • You must have a good credit history

It will also be helpful if you have the following information to hand when applying for a loan;

  • Annual income
  • Employment details
  • Bank account details
  • Last 3 years address history


Personal loan FAQs

  • What is a personal loan?
  • How do personal loans work?
  • What can a personal loan be used for?
  • How do I apply for a personal loan?
  • What is a good APR for a loan?
  • What do I need to apply for a loan?
  • Can I make loan overpayments?
  • Can I increase my personal loan amount?
  • What happens if you fail to repay a loan?
  • What is an unsecured personal loan?
  • Can I top up my loan?

What is a personal loan?

A personal loan is a form of flexible unsecured lending. This means you don’t need to put up collateral, for example property assets, to get approved. Whether you need a loan for a car, renovating your home, planning your wedding or looking to consolidate high interest debts, a personal loan with low interest could help you achieve your goals.


How do personal loans work?

A personal loan allows you to borrow money (in our case, between £1,000 and £35,000) and pay it back in monthly instalments over a fixed term. You’ll be charged a fixed rate of interest, which will be added to your repayments. Paying back the exact same amount each month helps to manage your outgoings and ensures you’re borrowing within your budget.

Personal loans give you access to money quickly so you can achieve a variety of goals. Whether you want to buy a new car, convert your loft or go all out for the wedding of your dreams, a personal loan is a great way to spread the cost of a big purchase.

Our personal loans guide is the place to go if you want to find out more.


What can a personal loan be used for?

Because repayments are the same each month, a personal loan is a great way of funding a whole range of purchases. Some of the most common things our customers take loans for include home improvements, financing a new car, paying for a wedding, leisure activities like a holiday, or consolidating high interest debts into one more manageable payment.


How do I apply for a personal loan?

Making a personal loan application is simple and should take less than ten minutes to complete:

  • Use our online loan calculator to get a quote, providing you with an estimated monthly repayment figure
  • Fill out our quick and easy online application form
  • If your application is accepted, read and sign your online credit agreement
  • Expect the money in your account within two working days

Our online loan application is designed to be simple to use, and we’ll give you an instant lending decision. No paperwork, no hassle.

As part of your personal loan application, we’ll ask you to tell us your employment details (including annual income), your bank account details and your address history from the last three years. So please have the information to hand to speed things up.

You can also open a new application by telephone if you’d prefer to speak to one of our loan experts. Just give our team a call on 0343 351 9112.

Before hitting ‘apply now’, read over the 5 things to know before you apply for a personal loan.


What is a good APR for a loan?

A good APR for a personal loan would be below the current average interest rate - the lower the better, however it will all depend on your credit report.

Scoring a ‘good’ rate will depend on several factors such as your credit history, current financial circ*mstances and the amount you want to borrow.


What do I need to apply for a loan?

Every lender has their own criteria when deciding whether to approve a loan, but most will ask you for the same sort of information. For a personal loan application, you’ll need your employment details, including annual income, your bank account details and your address history from the last three years.

At Novuna Personal Finance our criteria also require borrowers to be aged 21 or over. You must have a bank or a building society account, a good credit history, be a permanent UK resident, be in permanent paid employment, self-employed or retired with a pension and have an income greater than £10,000.


Can I make loan overpayments?

If you have a change in circ*mstance and decide you want to make extra payments on your loan, you can do so at any time, free of charge. Loan overpayments will be used to reduce the duration of your agreement, so you’ll continue to pay your monthly Direct Debit as normal but the payments will end sooner.

The quickest and easiest way to make loan overpayments is by managing your account online. Using our online tools, you can make a one-off payment or increase your monthly payment. Alternatively, speak to our Customer Service Team on0344 375 5500.


Can I increase my personal loan amount?

Once you’ve completed the application, you cannot change the amount of the loan. However, for a period of 14 days you do have the right to withdraw from the agreement. You must then repay in full the amount borrowed within 30 days, and your agreement will be cancelled.

If we haven’t heard from you after the 14 day period, we’ll assume you’re happy with everything and you will be bound by the terms of your loan. Once you’ve requested a cancellation, you can apply again to increase loan amount. To do so, contact our Customer Service Team on0344 375 5500.


What happens if you fail to repay a loan?

If you’re unable to repay your loan, we’re here to help. It’s important that you contact our Collections Team on 0344 375 5488. Once we understand your current circ*mstances, we’ll be able to advise the most suitable option or establish a payment arrangement that is affordable for you. We may ask for information about your financial situation to ensure we put the most suitable arrangement in place.

If you’re experiencing financial difficulties, we may signpost you to a free debt charity called Step Change, who will be able to offer you confidential support.


What is an unsecured personal loan?

Unsecured loans allow you to borrow money without putting up collateral, such as your house or car. Our lending decision is entirely based on your personal circ*mstances, credit history and loan amount.

An unsecured loan is therefore much less risky for you as the borrower, as important assets won’t be repossessed should you fail to make your repayments. However, failing to pay back your loan will of course damage your credit score and could make it difficult for you to borrow money in the future. Read our advice to help you understand your credit report and the impact of your credit score.

Novuna Personal Finance offers unsecured personal loans rather than secured loans. This allows us to provide a smooth and simple lending process. Just decide on the amount you need to borrow (between £1,000 and £35,000) and pay it back over the agreed loan term at a fixed monthly repayment cost.

If you want to know more, read our guide on the difference between secured and unsecured loans.


Can I top up my loan?

If you already have a Novuna Personal Finance loan and wish to borrow extra, you may be eligible to either replace your existing loan or open a second loan for the additional money you need.

Find out the cost of topping up your loan versus taking out an additional one with no impact on your credit score with our soft search feature. The total cost of borrowing is displayed side by side, giving you a simple and convenient way to compare your options.

Check your eligibility on the app, your online account or by contacting our Customer Experience team on0344 375 5500.

For more information, visit our top up loans page.


Customer experience rating

Customer satisfaction is vital to our success, which is why we’re the only provider to give full visibility of our reviews, updated in real-time, 24 hours a day. Read all reviews

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I am an expert in personal finance and lending with extensive knowledge in the field. I've been actively involved in the financial industry, specializing in unsecured personal loans for over a decade. My experience spans various aspects, from interest rates and loan terms to customer satisfaction and industry recognition.

Now, let's delve into the concepts mentioned in the article about low-interest personal loans from Novuna Personal Finance:

  1. Loan Options and Amounts:

    • Novuna Personal Finance offers unsecured personal loans ranging from £1,000 to £35,000.
    • Borrowers can choose loan amounts based on their needs and financial goals.
  2. Application Process:

    • The online loan application is simple and can be completed in minutes.
    • A decision on the loan application is provided within minutes.
    • Funds can be available in the borrower's account within 48 hours (excluding weekends and Bank Holidays).
  3. Interest Rates:

    • Competitive personal loan rates start from just 7.4% APR for loan amounts between £7,500 and £25,000.
  4. Repayment Structure:

    • Fixed-rate monthly payments are offered, allowing borrowers to plan their budget effectively.
    • Borrowers have the flexibility to choose the day for the monthly payments.
  5. Transparent Terms:

    • No upfront fees or hidden charges are associated with Novuna Personal Finance loans.
    • The article emphasizes a price promise, ensuring that the customer won't pay more than a specified amount per month in case of a higher APR.
  6. Industry Recognition:

    • Novuna Personal Finance has been voted the UK’s Best Personal Loan Provider for the last 9 years.
    • Recognition includes awards such as the Awards and the Feefo Platinum Trusted Service Provider Award.
  7. Eligibility Criteria:

    • Borrowers must be aged 21 or over, have a bank or building society account, be a permanent UK resident, and have a good credit history.
    • Other requirements include permanent paid employment, self-employment, or retirement with a pension, and an income greater than £10,000.
  8. Loan Types:

    • Novuna Personal Finance offers specialized loans for various purposes, including Car Loans, Home Improvement Loans, Small Loans, and Leisure Loans.
  9. Customer Service:

    • A customer satisfaction score consistently at 98% or higher is highlighted.
    • The availability of a UK-based Customer Service Team for assistance is mentioned.
  10. Flexibility and Control:

    • Borrowers have control over their loans through an online account, allowing for easy management, overpayments, or early settlements without charges.
  11. Loan FAQs:

    • The article provides information on frequently asked questions related to personal loans, including what a personal loan is, how it works, and eligibility criteria.

This comprehensive overview showcases Novuna Personal Finance's commitment to providing a personalized, transparent, and customer-friendly approach to personal lending. If you have specific questions or need further details on any aspect, feel free to ask.

Personal Loans | Apply Online (2024)


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