7.4% APRAnnual Percentage Rate of charge – this shows the overall cost of borrowing, taking into account the term, interest rate and other costs. Representative
A new car or improvements around the home? Apply now for a Post Office Personal Loan with competitive rates of 7.4% APRAnnual Percentage Rate of charge – this shows the overall cost of borrowing, taking into account the term, interest rate and other costs. representative .
Key benefits
- Various amounts: borrow between £2,000 and £25,000 with fixed monthly repayments
- Choose from our repayment terms: one to seven years
- Get an instant decision: apply online today
Post Office® Personal loans are provided by Bank of Ireland Personal Finance Limited
Representative example
If you borrowed £7,500 at 7.4% APRAnnual Percentage Rate of charge – this shows the overall cost of borrowing, taking into account the term, interest rate and other costs. representative over 48 months, your monthly repayment would be £180.22 and the total amount payable over the term would be £8,650.56.
READ OUR SUMMARY BOX AND FAQs BEFORE APPLYING.
How to apply
- Choose how much you'd like to borrow and for how long.
- Use our Loan calculator and our Budget planner to work out what loan amount you need
- Apply online – get an instant decision, once your paperwork is complete we'll send your loan directly to your account
See how much you could borrow
Not sure what monthly repayments you can afford? Find out using our Budget planner tool.
Are you eligible to apply?
To apply for a Post Office Personal Loan you need to:
- Be over 21 years old and have been a UK resident for at least three years
- Have a regular income above £8,000 a year (excluding unemployment benefit)
- Have a good credit rating
If you have a history of bankruptcy or any County Court Judgements (CCJs) registered against you, you’re unlikely to be successful in applying for a Personal Loan.
Definitions
0800: Calls to 0800 numbers are normally free from UK landlines but charges may apply from mobile phones. Calls may be monitored or recorded for training and compliance purposes.
0845: Call costs may vary depending on your service provider. Calls may be monitored or recorded for training and compliance purposes.
APR: Annual Percentage Rate of charge – this shows the overall cost of borrowing, taking into account the term, interest rate and other costs.
Terms & Conditions – read before applying
It is important that you take the time to read and understand the following information.
Loans are provided by Bank of Ireland Personal Finance Limited (“the Bank”), 36 Queen Street, London, EC4R 1HJ. Registered No.1571888. Bank of Ireland Personal Finance Limited is a wholly-owned subsidiary of Bank of Ireland Group.
References to “We” or “us” are to any company in the Bank of Ireland Group (including Midasgrange Limited, a company owned by the Bank of Ireland UK and Post Office Ltd) and any companies in the Post Office and Royal Mail group.
All loans are subject to status and the right to decline an application is reserved. Written quotations are available on request. Applicants must be aged 21 or over and UK residents. In order to process your application we may need to check your record at a credit reference agency which will keep a record of that search. We may also use a credit scoring system or other automated decision making system.
Post Office Ltd, is an appointed representative of Bank of Ireland (UK) plc which is authorised and regulated by the Financial Services Authority. Bank of Ireland UK is a trading name of Bank of Ireland (UK) plc which is registered in England & Wales (no. 7022885). Registered Office: Bow Bells House, 1 Bread Street, London EC4M 9BE. Post Office Ltd. Registered in England and Wales number: 2154540. Registered Office: 148 Old Street, London, EC1V 9HQ. Email address: polcustomercare@royalmail.com. Royal Mail Group VAT no. GB243170002.The Post Office and the Post Office symbol are registered trade marks of Post Office Ltd in the UK and other countries.
Data Protection – Use of Data
(a) Information about you
We will send the information you provide when you apply, transaction details relating to your application and details we obtain from elsewhere (as described below) to the Bank (which offers financial products and services under the Post Office® brand), other companies in the Bank of Ireland group (including Midasgrange Limited, a company owned by the Bank of Ireland UK and Post Office Ltd) so that they can consider your application as described below. Your details are "personal data" under the Data Protection Act 1998.
The Bank will then hold your information and any other information it has about you on its electronic databases and use it in the following ways.
(I) Considering your application
To help the Bank decide whether to enter into an agreement with you, it will search your record at any relevant credit reference agencies, such as Experian Limited and/or Equifax Europe (UK) Limited. A record of the Bank's search will be made and this will be available to other organisations who make similar searches.
The Bank may also use information it gains from your performance of any other agreement you have with it or any of its subsidiary or associated companies or its ultimate holding company ("the Bank's Group") or any other company providing services to you under the Post Office® brand. It may also use a credit scoring system.
(II) Use and disclosure of your information
We will add to your record with any relevant credit reference agencies by giving information relating to your agreement and information about your payment record. Should any payment be overdue, we may also tell them of that fact. We may check your details with a fraud prevention agency. If false or inaccurate information is provided and fraud is identified, details will be passed to fraud prevention agencies. Law enforcement agencies may access and use this information. We and other organisations (including Our Group and any other company providing services under the Post Office® brand) may also access and use this information to prevent fraud and money laundering, for example, when:
i) checking details on applications for credit and credit related or other facilities
ii) managing credit and credit related accounts or facilities
iii) recovering debt
iv) checking details on proposals and claims for all types of insurance and
v) checking details of job applications and employees.
We and any other organisations may access and use from other countries the information recorded by fraud prevention agencies. Please contact us at NIIB Group Ltd, 32 Central Avenue, Bangor, Co Down, BT20 3AS if you want to receive details of the relevant fraud prevention agencies. We may also give information about you and your agreement to:
i) your insurer;
ii) anyone acting on its behalf, including Our Group and other companies providing services under the Post Office® brand
iii) any finance house or motor trader
iv) companies or other bodies which maintain registers of assets and interests in them
v) any relevant regulator and
vi) credit industry fraud avoidance networks,
for the purposes of managing your account and our business, administration, underwriting and processing. We may also disclose personal information about you and this Agreement to any prospective/actual assignee, transferee or chargee of our interest under this Agreement.
(b) Direct marketing
If you have agreed to us doing so, we will pass the information we have about you to other companies in the Post Office and Royal Mail group, to the Bank, to other companies in the Bank of Ireland group and to Midasgrange Limited (including Midasgrange Limited, a company owned by the Bank of Ireland and Post Office Ltd) who will hold your details on their marketing databases. We, and these other companies, may contact you from time to time, by the methods (and about the products and services) to which you have agreed. If you change your mind about being contacted by any of these companies, please write to us at Data Protection Officer, Post Office Financial Services, PO Box 27, Temple Quay, Bristol, BS99 7AX.
(c) Your right to information
You have a legal right to receive a copy of the information we holds about you if you apply in writing to Data Protection Officer, Post Office Financial Services, PO Box 27, Temple Quay, Bristol, BS99 7AX. A small administrative fee may be payable.
(d) Cookies
We use cookies on this website. Cookies are small files of information that are stored by a browser on your computer's hard drive and are a feature common to many websites. They are mainly used to improve your site experience with features such as remembering your shopping baskets, personalising areas to make them more relevant for you and monitoring the number of people using the website.
If you register for this website, a cookie containing an ID number will be saved on your computer. The ID number is linked to your user name (email address) on our database. The cookie is used to track which services you use and which pages you go to on the website. We may use this information to make changes to the website, for example to make it easier to use or to personalise the advertisements you see during your visits.
If you check the 'Remember me' box when you register or from the 'Edit your profile' page, another cookie will be saved on your computer containing your greeting name. This will display a personal greeting each time you log on. Because the Registration and Remember Me cookies contain or refer to some of your personal information we recommend you do not register for this website from a publicly available computer. Some of our services (such as Postcode Finder) use a cookie to keep track of how many times you have used the service. This is to guard against these services being used repeatedly for commercial reasons. These cookies do not contain any personal information.
Finally, if you have viewed or clicked on one of our advertisements on another website, a cookie may have been saved on your hard drive to indicate that you have viewed or clicked on the advertisement. This cookie is also used to record some of your activities on this website, such as whether you look at certain pages or enter into certain transactions. We use this information to assess the effectiveness of our advertisements on different websites. These cookies do not contain any personal information.
You can choose to disable cookies globally at any time through your browser, but this will prevent our services that require mandatory cookies from working. If you want to know how to do this please look at the help menu on your browser.
Bank of Ireland Personal Finance Limited is licensed under the Consumer Credit Act 1974 by the Office of Fair Trading.
Further details of the Consumer Credit Public Register are accessible at www.oft.gov.uk.
Bank or Ireland UK subscribes to the Lending Code. Compliance with the Code will be enforced by the Lending Standards Board.
Further information is available at www.lendingstandardsboard.org.uk
