Fast funds for big plans or unexpected costs. We can help with that
Borrow £1,000–£15,000 over 1–5 years at a fixed interest rate
Quick online application and a fast decision
If approved, you’ll get the money today
It’s quick and won’t affect your credit score.
Representative 13.2% APR
A £15,000 personal loan gives you the money to cover life’s bigger plans. You might want to renovate your home, buy a car, return to university studies, pay for a wedding or bring your debts together. A loan can help you make it happen.
With a Post Office loan, you get a fixed interest rate and flexible repayment terms. Plus, you’ll always know what you’re paying each month.
If you want to borrow a large amount of money for a big house project or life milestone, a £15,000 personal loan could be a good choice.
You might need the funds to cover a big event like an engagement, a wedding, honeymoon or dream holiday. It could be for a purchase like a new car, home renovations or to pay for higher education and training to change your career.
You might also want to use it to consolidate other debts, such as credit cards, into one easy to manage payment.
Spread the cost over time: No matter what you need the money for, a loan can cover the cost upfront and let you repay at a pace that suits you
Consolidate existing debts: Clear what you owe other lenders and pay off just one loan instead
Easy to manage: One monthly repayment on a fixed date with a fixed interest rate
Potentially save on interest: A loan may offer lower interest rate than credit cards. But remember the longer your loan term the more you’ll pay overall
We’re a trusted UK brand, working with Lendable to offer fair, transparent loans. Here’s how we can help.
Choose an amount and term: Borrow £1,000 to £15,000 and repay 1–5 years
Easy to apply: Our application is a straightforward and quick process
Get the money quickly: If approved, you should get the cash the same day
Fixed rate for the full term: Know the exact amount you’ll pay each month
Option to repay sooner: If you wish to pay the loan off earlier, you could save money on interest compared to paying it off over the full term
Applying for a Post Office £15,000 loan and putting it to work is easy.
It’s quick, simple and won’t affect your credit score. You’ll get an instant decision
Completing the online application’s fast and straightforward too
If approved, you should receive the funds in your account within minutes of signing the loan agreement
Before you take out a loan, it’s important to check if it’s right for you. Here are a few key things to think about.
Compare your options: Weigh up the advantages and downsides of a loan compared with credit cards, overdrafts, car finance and saving the money you need. Loans generally suit large single purchases. For regular expenses, credit cards can be best
Borrow only what you can afford: Make sure you can make the repayments on your loan. Missing them can harm your credit score
Check the full cost of borrowing: Compare interest rates, fees and total repayable amounts across different lenders to find the option that suits your financial situation
You might pay more overall: If you take out a longer-term loan, you could end up paying more money in interest, even if your monthly payments are small
Assess your credit score: Lenders check your credit report and past borrowing history to decide if they’ll lend to you. You might want to avoid taking out a loan if you’re planning a major application like a mortgage
Check for early repayment fees: If you’re consolidating other debts, find out if there are any early repayment fees. Some lenders may charge you extra for repaying your loan off earlier
When you apply, lenders look at things like your earnings, bills, job and your credit score. If your credit score is good, you’re more likely to be approved and get a better interest rate. If your score is lower, you might still get the loan but potentially pay more interest. You can find out if you’re eligible for a Post Office loan with a soft check that won’t affect your credit score.
The monthly payment on a £15,000 loan depends on the interest rate and the term you take out to pay it back. Generally, if you take out a loan over a longer term, the repayments tend to be smaller compared to a shorter-term loan. But you could end up paying more overall with a longer-term loan.
Checking your eligibility for a loan just involves a soft check that won’t impact your credit score. If you go on to complete the full application and accept the loan agreement, we’ll perform a hard credit search. This may impact your credit score and your ability to get credit in future. Paying off existing debts may help improve your credit score over time. Missing repayments can have a negative impact on it.
Yes, there’s the option to repay your loan early in your online account. This could save you money on interest compared with paying it off over the full term.
If your loan application is approved, you’ll typically receive the funds quickly, often on the same day. The money could be in your account shortly after you sign the loan agreement.
Secured loans are linked to a valuable asset you own, like your house or car. If you’re unable to pay back the money, the lender can take your asset. Unsecured loans aren’t connected to your property or car, so there’s less risk for you. Post Office Personal Loans provided by Lendable are unsecured loans.
Read more about the difference between secured and unsecured loans
If you miss a payment or are struggling with your repayments as a whole, contact us as soon as you can. We’ll work with you to find a solution.
Read more on what to do if you’re having difficulty with debt.
Personal loans aren’t the only way to fund the goals you have. Depending on what you need the money for, other options include:
Each option has positives and negatives. If you’re unsure, seek expert financial advice to help you choose the right option. Improving your credit score could help you get access to more offers and better interest rates.
Yes, you can use a personal loan to help clear debts you have with other lenders, such as credit cards, previous loans and overdrafts. If you’re approved for a new loan, you can use the money to pay off what you owe elsewhere and consolidate your repayments into one fixed, monthly amount that’s easier to manage.
Take care, though. Debt consolidation isn’t right for everyone. It’s a good idea to close old accounts in case you’re tempted to use them again. If you’re likely to build up new debts, consolidating existing ones could leave you worse off. It won’t fix spending habits and you’ll still need to manage your money carefully.