All your debts in one manageable loan
If you’ve borrowed from different lenders, a debt consolidation loan could help you take control of your finances and keep track of your money.
Loans are subject to status. Early settlement fees apply.
✔ Manage your debts with just one loan 1
✔ Quick and easy application
✔ Personal price quote – with no credit footprint 2
0 APR Representative
over 2-5 years. (Your rate may differ 3 )
Having just one loan could be more straightforward and easier to manage than a number of payments to different lenders.
But it’s worth noting that consolidating debts might involve payment of a higher rate of interest or charges – or both. Consolidating debts might also increase the overall period required for repayment.
Discover your loan rate without affecting your credit score
Knowing how much you can borrow really helps when consolidating your debt. And, unlike some other lenders, in many cases we can give you a personalised price quote up front – without impacting your credit score. To find your loan rate, simply log in to Online Banking or Barclays Mobile Banking, if you’re registered 2 .
You could get your money straightaway
It’s quick and easy to apply and, if your loan application is approved and you’ve signed your loan agreement online, the debt consolidation money is usually transferred to your current account within a few minutes 4 .
If you take out a Barclayloan and another lender offers you a like-for-like unsecured loan with a lower APR, you can claim under our guarantee – within 30 days of the date we signed your Barclayloan agreement.
We’ll reduce the interest rate to produce an APR equal to the competing offer and recalculate your monthly repayments to reflect the reduced interest rate. Please read our full price guarantee terms and conditions.
Fixed monthly repayment
This could help you budget.
Choose your payment term
Depending on the loan amount.
Already have a Barclayloan and need more funds? You can apply to increase your borrowing with us.
If you just want to take out a second loan instead of topping up, that could be an option too.
Repaying your loan early
You have the right to repay your loan early, in part or full, at any time. We’ll charge a fee equal to 30 days’ interest on the amount you’re repaying, as well as any other interest that’s due.
To apply online, you’ll need to:
✔ A Barclays current or savings account, mortgage or Barclaycard
✔ To be aged 18 or above
You can use your loan for almost anything, apart from:
If you’ve already started a loan application and have saved your progress, it’s easy to pick up where you left off.
Log in to Online Banking here, and we’ll take you straight to your saved application.
If you started your application via our online form, we’ll have sent you an email with your reference number. You can enter the number here.
As a lender, we have a responsibility to act fairly and as part of this we have committed to follow the Standards of Lending Practice. This note sets out some of our key responsibilities and what we ask of you, to ensure that the relationship works well for both of us.
What we ask of you
Please let us know if
We would also encourage you to refer to the terms and conditions associated with your current account, credit card or personal loan.