Barclays loans
Compare Barclays Loans
If you are currently trying to borrow money whether you want to pay for a new car or holiday or to consolidate existing debt you might have been looking into Barclay’s loans to see if they are right for you or what kind of loan you need
There are currently three types of Barclay’s loans available:
Personal Loans
Barclay’s offer personal or ‘unsecured’ loans you can take out for a variety of reasons. Barclay’s offer personal loans of up to £50,000 although the actual amount you can borrow will be dependent on your credit rating.
They offer a price guarantee meaning if you find any like-for-like loan with a lower APR they will match it. They will also not change your personalised rate no matter what your reason for borrowing is.
Barclay’s Home Loans
If you’re looking to borrow more money than you can with a personal loan then a home loan might be the right option for you, as home loans are secured against your home lenders are willing to offer you more.
Barclay’s offer home loans of between £3,000 and £250,000 UK homeowners. Barclay’s home loans are actually provided by Freedom Finance through an agreement.
The actual amount you can borrow from a secured loan is determined by more than just the value of your home, all lenders will also take into consideration factors such as;
Career Development Loans
If you want to borrow money in order to pay for vocational course, whether it’s a Postgraduate course like an MSc or MA or technician level training in something like plumbing you may be eligible for a Career Development Loan with Barclay’s.
To be considered for a Barclay’s Career Development Loan you must:
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Be aged 18 or over
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Have been living in the UK for at least 3 years
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Have unlimited right to remain in the UK
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Intend to work in the European Union (EU) or in Iceland, Norway or Liechtenstein once you finish your course
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Not have reasonable or adequate access to funds to pay for the course yourself
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Be studying full or part-time in an approved vocational course
With a Career Development loan you can borrow between £300 and £10,000 no repayments are due on this until you finish the course. Barclay’s bank loans offer flexible repayment terms of 1 to 5 years from when you finish your course.
Make sure you get the best deal
Whatever type of loan you are considering make sure you are getting the best deal you can. The conditions of different loans and their interest rates vary greatly; Barclay’s loans are one option of many, so it is wise to check every option available.
You can use the loan calculator on this website to compare over 200 loans from over 20 different lenders to help you find the best loan for you.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.