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  Barclays Personal Loans

Barclays Personal Loans

in Personal Loans from Barclays

Unaffiliated

Barclays Personal Loans

Unaffiliated

in Personal Loans from Barclays

SuperMoney Net Recommendation Score -33% Recommendation score measures the loyalty between a provider and a consumer. It's at +100% if everybody recommends the provider and at -100% when no one recommends.

Mostly not recommended

1 user recommends
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2 users don't recommend
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Highlights
Highlights
Community Rating Mostly not recommended
Loan Amount $5,000 - $35,000
APR  (Fixed APR) 4.99% - 20.99%
Loan Term 36 - 60 months

Barclays Personal Loans Review

Barclays Personal Loans is offered by Barclays, a bank founded in 1896 and based in Wilmington, DE. Barclays Personal Loans is offered in 50 states (and Washington, DC).

What rates and terms does Barclays Personal Loans offer?

Barclays Personal Loans has lower interest rates than the average for lenders reviewed on SuperMoney.

What personal loan APRs does Barclays Personal Loans offer?

Barclays Personal Loans offers a fixed APR personal loan product that ranges from 4.99% 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.

Barclays Personal Loans Rates & Terms
Loan Amount $5000 - $35000
Loan Term 36 - 60 months
APR 4.99% - 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.

Barclays Personal Loans Fees
Origination Fee N/A
Prepayment Fee? No
Late Payment Fee N/A

What do you need to qualify for Barclays Personal Loans?

Applicants with a credit score of at least 700 and up to 850 are eligible for Barclays Personal Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

Barclays Personal Loans does not have or does not disclose a minimum annual income eligibility requirement. Barclays Personal Loans only considers borrowers who are employed.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. Active duty service members 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 income
  • Proof of identity
  • Proof of citizenship or residence permit
  • Proof of residence
Barclays Personal Loans Eligibility Criteria
Minimum Age 18
Bank Account Required? No
Application Types Accepted
  • Individual Applications
  • 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 your account activity to credit bureaus?

    Barclays Personal Loans reports your account activity to the following credit reporting agencies:

    • Equifax
    • Experian
    • Transunion

    Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit score.

    BARCLAYS PERSONAL LOANS Disclosure: Annual Percentage Rates (APR) range from 5.74% to 20.99% and will be determined based on your creditworthiness and loan term. Loan amounts range from $5,000 to $35,000. Loan terms are 36, 48 or 60 months.
    SUPERMONEY Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

    Contact

    • Headquarters
    •   125 South West Street
      Wilmington, DE 19801
    •   Visit Site

    Message from Barclays

    You know how to handle your credit. That's why we're inviting you to apply for a Barclaycard Personal Loan. It could help you reduce your monthly payments, trim your debt and save you money. Best of all, there are no fees!

    Hours of Operation

    • Sunday 8:00am - 8:00pm
    • Monday 8:00am - 8:00pm
    • Tuesday 8:00am - 8:00pm
    • Wednesday 8:00am - 8:00pm
    • Thursday 8:00am - 8:00pm
    • Friday 8:00am - 8:00pm
    • Saturday 8:00am - 8:00pm

    Other Services by Barclays

    Availability

    Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington, D.C. Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
      Available in 50 states and Washington, D.C.
    • 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  
    Minimum Age 18
    Credit Score Range 700 - 850
    Immigration Status Considered
    • U.S. Citizen
    • U.S. Permanent Resident
    Employment Statuses Considered
    • Employed Full-Time
    • Employed Part-Time
    • Other
    • Retired
    • Self-Employed
    Military Status
    • Active Duty Military
    • Military Dependent
    • Non-Military
    • Veterans
    Supported Income Types
    • 1099 Misc. Income
    • Cash
    • Direct Deposit (W2, SSA, SSDI)
    • Payroll Check or Prepaid Card
    Joint Loan Applications Accepted
    • Individual Applications
    Verification Documents Required
    • Proof of Identity
    • Proof of Income
    • Proof of Residence
    • Proof of citizenship/residence (Green Card)
    Loan Amount $5K - $35K
    Loan Term 36 - 60 months
    APR (Fixed APR) 4.99% - 20.99%

    Barclays Personal Loans Community Reviews

     
     

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