If you are looking to apply for a personal loan or short-term loan at a flexible, low-interest rate, Clydesdale Bank Personal Loan is the right place to choose. Established in 1836 in Glasgow, Clydesdale Bank is one of Scotland’s largest banks, with 67 branches and a network of private banking centers. So, whether you want to buy a dream house, a dream car, consolidate debt, or need money to go through a financial crash, Clydesdale Bank offers competitive, fixed-rate loans to meet your needs.

Features of Barclays Bank Personal Loan

Clydesdale Bank Personal Loan offers competitive fixed-rate loans from £1,000 to £35,000 with monthly repayment over 1 to 5 years. Representative APY can vary according to your financial circumstances, credit score, and the amount you borrow. So, if you borrow a loan from £1,000 – £2,999, your representative APR is 20.9%, but it can decrease if you request a larger loan. Your representative APR can also change during the application process according to your financial circumstances.

If you have chosen to get a personal loan from Clydesdale Bank, you can apply online, via telephone, or in a branch. You also don’t need to create an account in Clydesdale Bank, though you must have an excellent credit score. Again, they don’t charge any arrangement fee, but if you always repay the borrowed amount sooner than the due date, they will reduce your interest rate charged for the credit issued. 

Who is eligible for getting the loan?

Any person 18 age or over can apply for a loan from Clydesdale Bank. All you need is a UK residency, a good credit history, and a UK bank account. You can contact a branch on the telephone 0800-707-6471 to find the nearest branch of Clydesdale Bank. Contact them during the hours of 8 am-8 pm Monday thru Friday; 9 am to 5 pm on Saturday; Sundays from 10 am thru 4 pm.

If you want to estimate how much you would pay back each month and overall, pick the amount you wish to borrow and the period that suits you. Their calculator provides you the amount you have to pay for the loan you have in mind, based on Clydesdale Bank’s representative APR. But they will change the total amount you’re offered according to the bank assessment of your financial circumstances and credit score.

As a representative example, if you borrow a loan of £12300 with a three-year repayment period, your representative APR will be 3%. You would have to repay a total amount of £12,868.92. However, they will change your interest rate and total repayable amount according to your financial circumstance. If you borrow loans over £7,500, your loan term can extend up to 6 or 7 years, depending upon your credit rating.

So if you have determined to get a loan from Clydesdale Bank, apply today and get instant approval. Moreover, you can also choose weekly repayment, which is an excellent bonus for people who get paid weekly rather than monthly.