Warning: Late repayment can cause you serious money problems. For more information, go to moneyhelper.org.uk
Borrowing £25k loans mostly requires a good credit score. You will have more options for £25000 loans with a good credit score. However, not all of us have a stellar credit rating. It is possible to borrow a loan of £25000 with a poor credit score too. You may use a guarantor to co-sign your loan application, or you may need to use your home or property as collateral to obtain the loan. This way, the lender may agree to extend an offer as they have a way to recover the amount you owe them in case you fail to repay.
Loan of £25000 falls in the upper range and hence, you must talk to experts and assess your financial circumstances well before making a decision. Even reputed lenders in the UK offer quick £25000 loans. By quick it means the time taken for applying and getting the loan is comparatively lower than borrowing from a bank.
You can spread the cost of 25,000 pound loans over 5 years. The maximum repayment period is 7 years. Choose your loan term accordingly.
If your application is accepted, the lender will transfer the funds to your account. You can withdraw and use £25k loans for your expenses.
You can know the rates that are available to you without impacting your credit score if you choose to deal with lenders who perform a soft search.
Loans of £25,000 can be put to a variety of uses. There is no limitation on the usage, however, you shouldn’t use it for any illegal purpose.
LoanTube offers unsecured personal loans from £1000 to £35000. You can borrow a loan depending on your creditworthiness and affordability. All the lenders we are associated with conduct a soft credit check in the initial phase to evaluate your affordability. Please note that soft credit checks do not impact your credit score and it also doesn’t leave any footprint on your credit report. However, a hard credit check is also conducted by the lender before the final approval.
Click here to fill out our online loan application form. Choose the loan amount and loan term along with a few necessary details. Submit it and wait for about a few seconds only. You will get a detailed list of the loan quotes from the lenders who are willing to offer you a loan. You can compare multiple loans offers to make your decision.
With us, the rate you see is the rate you get. That means we have a rate-lock system that allows the borrower to get an in-principle decision.
Below are some frequently asked questions about £25000 loans. If you do not find something, please contact us.
The rate you are offered will depend on your individual circumstances.
Representative APR Example: On an assumed loan amount of £2,000.00 over 12 months. Rate of interest 60.18% per annum (fixed). Representative 79.9% APR. Total amount payable £2,684.64 of which £684.64 is interest. 12 monthly repayments of £223.72.
Some of the offered loans might be classed as High Cost Short Term Loans. APR rate starts from 18.22%. The maximum APR rate is 1721%, but you will get a personalised rate tailored to you. The minimum repayment term is 3 months, the maximum repayment term is 7 years. The minimum loan amount is £250 and the maximum loan amount is £35000.
Warning: Late repayment can cause you serious money problems. For more information, go to moneyhelper.org.uk
Credit subject to status & affordability assessment by Lenders.
LoanTube is a credit broker and not a lender.
Think carefully before securing debts against your home. Your home may be repossessed if you do not keep up repayments on any debt secured against it.
Not all borrowers will qualify for a loan. The operator of this website does not engage in any direct consumer lending, we simply provide you a FREE loan brokering service. This means LoanTube does not charge customers a fee for using its introducer services, but it receives a commission from lenders or other brokers if a customer enters into a consumer credit agreement with them following an introduction by LoanTube.
LoanTube Business Model: As part of our business operations, we connect customers with partner lenders to help them find suitable loan options. LoanTube receives a commission from lenders for this service, which may, in some cases, affect the cost of the loan to the customer. However, as a responsible broker, we are committed to identifying the best possible loan options for our customers.
