Key benefits:
- Competitive, fixed rate from 8.6% APR typical
- Loans from £1,000 - £25,000
- Loan terms from one to seven years
- Select your monthly repayment date
- No arrangement or early repayment fees
Before applying online it is important that
you read the Loans Terms and
Conditions, Wesleyan Bank General
Terms and Conditions and the Key Product
Information at the foot of this page.
If you are a teacher and wish to apply for
a loan please follow this link for information specific
to your profession.
Whatever you want to finance, we'll help you find the
best way to do it.
Whether you wish to consolidate existing borrowing or finance a
major purchase, a Personal Loan from Wesleyan Bank is the
quick, simple solution.
How much will it cost? Here's an example.
For a loan of £15,000 without payment protection insurance,
repayable over 5 years, your monthly repayments would be 60 of
£306.14, the total amount payable would be £18,368.40,
8.6% APR.
Loans from £5,000 to £25,000,
8.6% APR; £1,000 to
£4,999, 13.9%
APR.
Loan product legal information
Once you've applied, you'll be sent an agreement to read, sign
and return. When your signed loan agreement has been received we
can transfer funds into your current account using a three day
standard BACS transfer. For an additional £15 fee, funds can be
deposited in your current account within 24 hours using a CHAPS
payment.
If you have any problems applying online, please contact our
helpdesk by telephone and we'll help you fill out the form.
We will make credit reference, identity and other enquiries
following our normal practice when we consider your
application.
The details you provide, the information we already have and
information from credit reference agencies are used to assess risk
using credit scoring.
We may use credit reference and fraud prevention agencies to
help us make decisions. What we do and how both we, credit
reference and fraud prevention agencies will use your information
is detailed in the leaflet called:
Guide to the use of your personal information by Wesleyan Bank and
Credit Reference and Fraud Prevention Agencies (pdf).
Wesleyan
Bank General Terms and Conditions (pdf)
Full description of the Wesleyan Bank
legal information
Key
product information summary box for Wesleyan Bank Personal Loan(s)
(pdf)
Resources:
Click a link below to download the document
