Get the money to do what matters to you. We can help with that
Borrow £1,000–£3,000 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 £3,000 personal loan gives you the freedom to cover life’s important or unexpected expenses. Whether it’s an emergency cost like fixing your car or boiler, a special occasion such as a big birthday or making home improvements, getting the money fast could be a big help.
And, with Post Office, you’ll get a fixed interest rate, flexible repayment terms and, if approved, the money fast.
If you want to borrow a manageable amount of money for a specific purpose, a £3,000 personal loan might suit you.
It could cover car repairs or help towards your or a loved one’s wedding. It might pay for a holiday, a family event or home renovations and improvements. Or you could use it to consolidate other debts, such as credit cards, into one easy to manage payment.
Spread a large cost over time: Whether it’s a car, home improvements, a wedding or something else, a loan may make it more affordable
Manage existing debts: Consolidate what you owe other lenders into one loan with a clear repayment plan that’s easier to keep up with
Know what you owe when: One monthly repayment on a fixed date with a fixed interest rate
Potentially save on interest: A loan may offer a lower interest rate than credit cards. But 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 from £1,000 to £3,000 and repay over 1 to 5 years
Easy to apply: Our application process is simple and quick
Get the money fast: If approved, you should get the funds the same day
Fixed rate for the full term: Know exactly what you’ll pay each month
Option to repay sooner: If you can and wish to, you can repay your loan early. You could save money on interest compared with repaying over the full term
Applying for a Post Office loan is easy
Use our simple form to get an instant personalised rate. It doesn't affect your credit score
Tell us where to send your loan, share any extra documents we need and e-sign a loan agreement
Once you’ve signed, we'll send the money to your account the same day, often within minutes if approved
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 choices: Weigh up the benefits and downsides of a loan compared with credit cards, overdrafts, car finance and saving the money. Loans generally suit single purchases. For regular expenses like groceries, credit cards may be better
Borrow only what you can afford: Make sure you can make the repayments on your loan. Missing them can hurt your credit score
Check the full cost of borrowing: Calculate the interest you’ll pay in total. It’s important to have a full picture before you decide
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
Consider 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 applying if you’re planning a major application like a mortgage
The monthly payment on a £3,000 loan depends on the interest rate and how long you take to pay it back. If the interest rate is lower, your payments will be less. Paying the loan back over a longer time means smaller payments each month, but you’ll pay more overall.
Just checking your eligibility for a loan won’t impact your credit score. But if you complete the full application and accept the loan agreement, we’ll perform a hard credit search that may impact your score. This could affect your chances of getting credit in the future.
How you approach borrowing can also impact your credit score. Paying off existing debts can improve it over time. Missing repayments can have a negative impact.
If your loan application is approved, you’ll usually get the funds the same day. It could be in your account within a few minutes of you signing the loan agreement.
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.
Secured loans are linked to something valuable you own, like your house or car. If you don’t pay back the money, the lender can take your asset. Unsecured loans, also called personal loans, aren’t connected to your property or vehicle, so there’s less risk for you. Smaller amounts, like £3,000, are usually unsecured loans. Post Office Personal Loans provided by Lendable are examples of 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 possible. 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 what’s important to you. Depending on what you need the money for, other options include:
Each option has pros and cons. If you’re unsure, seek expert financial advice before you decide. Improving your credit score could help you get access to more offers and better interest rates.