Need to cover a big cost?
Whether you're looking to make home improvements, consolidate existing debts† or buy a new car, our simple personal loans application process means we review each individual application to understand your personal circumstances.
You'll get a fixed rate for the duration of the loan - it won't go up. You decide how much you want to borrow and how many years you'll take to pay it back. We also won't charge you anything if you want to pay the loan back early. What's more, unlike other lenders, we'll take your professional status into account when considering your application, as we understand that the demands of your career may make your credit history look a little different from the norm.
And, unlike some other lenders, as long as you're borrowing £7,500 or more from us, we won't charge you a higher interest rate than advertised. The rate you see is the rate you get.
With all these great reasons, there's no better time to choose a personal loan from us.
How much will it cost?
The benefit of a Wesleyan Bank loan is that you'll know straightaway how much it's going to cost. We give you a fixed rate of 5.9% APR on loans between £7,500 and £25,000. For smaller loans of between £1,000 and £7,499, the fixed rate will be 13.9% APR.
Here's an example:
Representative Example: 5.9% APR Representative (fixed). Based on assumed loan amount of £15,000 over 5 years with an interest rate of 5.9% p.a. (fixed). Monthly repayment £288.23. Total amount payable £17,293.80.
This figure is for illustration purposes only and the actual monthly loan repayment may differ slightly due to the date when a monthly payment is made by you.
You can get an illustrative figure by using our handy loan calculator.
* For loans £7,500 or over
** Loans up to £7,499 can be repaid over 1 to 5 years. Loans from £7,500 to £25,000 can be repaid over 1 to 7 years.
† Please be aware that this could mean that you may pay back more over the period of the loan.
Interested in borrowing from us?
Apply online now, or call us free on 0800 358 1122 to find out more. Alternatively, fill in our contact form and we'll call you back.
Professionals we loan to include:
Accountants, Actuaries, Architects, Armed Forces Personnel, Barristers, Chartered Surveyors, Senior Civil Servants, Dentists, Dental Nurses and Dental Professionals, Directors, Engineers, GPs, Hospital Doctors, Lawyers, Lecturers, Legal Executives and Employees of Law Society of England and Wales or Law Society of Scotland, Management Consultants, Marketers, Midwives, Nurses, Opticians and Optometrists, Paralegals, Personnel Officers, Pharmacists, Physiotherapists, Pilots, Psychologists, Physician Associates, Practice Managers, Teachers, Teaching Assistants, Vets and spouse or live-in partner of any of the above professions.