| Community Rating | Mostly recommended |
| Loan Amount | $5,000 - $35,000 |
| APR (Fixed APR) | 5.74% - 20.99% |
| Loan Term | 36 - 60 months |
Barclays Personal Loans Review
Barclays Personal Loans is a personal loan offering by Barclays, a bank based in Wilmington, DE. Founded in 1896, Barclays offers access to personal loans in 50 states (and Washington, DC).
What rates and terms does Barclays Personal Loans offer?
What personal loan APRs does Barclays Personal Loans offer?
Barclays Personal Loans offers a fixed APR personal loan product that ranges from 5.74% APR up to 20.99% APR.Your APR can vary depending on several factors, such as your credit score. Find out what your credit score is and whether there is any false or inaccurate information in your credit history with these credit monitoring tools.
How much can you borrow via Barclays Personal Loans?
Loan amounts start at $5,000 and go up to $35,000.
What can a personal loan from Barclays Personal Loans be used for?
Personal loans from Barclays Personal Loans are typically used for special purchases, debt consolidation, home improvement projects, weddings, medical expenses & procedures, unexpected expenses or similar purposes.
What is the maximum loan term you can get with Barclays Personal Loans?
Barclays Personal Loans offers personal loans with terms ranging from 36 to 60 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.
| Loan Amount | $5000 - $35000 |
| Loan Term | 36 - 60 months |
| APR | 5.74% - 20.99% |
What fees does Barclays Personal Loans charge?
Does Barclays Personal Loans charge an origination fee?
Barclays Personal Loans does not charge a loan origination fee.
A loan origination fee is what some lenders charge for processing, underwriting, and funding a loan. Typically fees range from 0.5% to 5% of the loan amount. Whenever possible, go with lenders that don’t charge origination fees.
Does Barclays Personal Loans charge a late fee?
No, Barclays Personal Loans will not charge you a late fee.
Does Barclays Personal Loans charge prepayment fees?
No, Barclays Personal Loans does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the loan off early.
| Origination Fee | N/A |
| Prepayment Fee? | No |
| Late Payment Fee | N/A |
What do you need to qualify for a loan with Barclays Personal Loans?
Applicants with a credit score of at least 700 can apply for a loan via Barclays Personal Loans . The minimum age to apply for a loan is 18 or the state minimum, whichever is higher.
Barclays Personal Loans only considers borrowers who are employed.
Active duty servicemembers and their covered dependents are eligible to apply for a loan via Barclays Personal Loans. Their rates fall within the limits of The Military Lending Act.Only U.S. citizens and permanent residents can apply for a loan.
To qualify, applicants may need to provide the following documentation:
- Proof of residence
- Proof of identity
- Proof of citizenship or residence permit
- Proof of income
| Minimum Age | 18 |
| Bank Account Required? | No |
| Joint Applications Accepted? | Yes |
| Credit Score | 700 - 850 |
What is the estimated funding time for a personal loan via Barclays Personal Loans?
Barclays Personal Loans will typically provide a credit approval decision in less than an hour and fund the loan within 4 business days.
Does Barclays Personal Loans report loan payments to credit bureaus?
Barclays Personal Loans may report credit data to the following credit reporting agencies:
- Equifax
- Experian
- Transunion
Contact
- Headquarters
-
125 South West Street
Wilmington, DE 19801
Message from Barclays
Other Services by Barclays
Availability
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Washington, DC
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Feature Breakdown
| No Origination Fee | |
| No Prepayment Fee | |
| Origination Fee ($) | $0 |
| No Late Fees |
Barclays Personal Loans Community Reviews
Would you recommend Barclays Personal Loans to your friends?
