There are times when you will need financial assistance to fund various personal expenses. You may need it for travel, weddings, education, and home improvements. You might even want to refinance existing debts to take advantage of lower rates.
Such types of expenses call for personal loans, which you can use for almost anything, except what is outlined by the bank. If you are looking for additional funds for such costs, you might want to get a Barclays Online Personal Loan.
Want to know more about what this product has to offer? Read on to be familiar with specifics of a Barclays Online Personal Loan.
Barclays Online Personal Loan Features And Benefits
Barclays is known for offering accessible options to a wide range of clients. So, you can count on Barclays to provide loans that can be availed by the average customer. The main perk of this loan is that you can top up your loan should you need more funds.
You can also rely on this option for transparency. Even as you apply, you will be given a personalized quote without fuss. This means that once the bank shows you a rate, that rate is what you will get when you accept the loan.
When you apply for this loan, you can rest assured that you will get your funds immediately. Just make sure that you use online methods to apply, and that you sign your agreement within the designated time of 7 AM and 10:30 PM.
Getting A Barclays Online Personal Loan
Applying for this online personal loan is easy, especially as you can do it in the comfort of your home using a laptop or your mobile phone. Check out their website now to begin the process.
You can send in your application using the Online Banking service or the Barclays app. The application can be as fast as 10 minutes.
Keep in mind that the bank only offers this service to eligible individuals. To qualify, you must be a Barclays current account holder, a resident of the United Kingdom and be 18 years old or above.
The bank prohibits the use of this loan for business reasons, investments, timeshares, purchasing property, gambling-related expenses, country court judgments repayments, and purchases that combine this loan with any other offers.
Rates And Charges
This loan lets you have an annual purchase rate of 5.5% to 20.9%. Your loan amount can be from GBP 1,500 to GBP 50,000, payable from 2 to 5 years, depending on the loan term you choose.
A loan of GBP 15,000 payable over 5 years has an APR of 5.5% with monthly repayments of GBP 285.59. This makes your loan a total of GBP 17,135.40.
Contact Barclays
If you would like to speak to the bank directly, you can reach them at 0800 716 5982 or visit their registered office at 1 Churchill Place, London E14 5HP.
Conclusion
A Barclays Online Personal Loan may be what you need to fund your expenses. To know more, give the bank a call or send them a message via their instant messaging feature. You can also visit a branch near you using the Find a Branch page on their website.
Note: There are risks involved when applying for and using credit. Consult the bank’s terms and conditions page for more information.
