Borrowing with Barclays International
We can help to finance purchases such as home improvements, buying a new car or organising debt consolidation*. And, depending on your circumstances, you might be able to place loans offshore as part of your financial planning strategy.
We offer the following loans and financing:
- Personal loans - this is an unsecured Barclayloan with regular repayments.
- Secured loans1 - choose from a range of terms and repayments.
- Releasing equity1 - borrow against the equity in your UK property.
For more information or to apply
Loans and asset financing options are available to Barclays account holders subject to status and application.
* Consolidation of debt may not be in your best interests and you should seek advice before doing so.
Call us on +44 (0)1624 684 305†.
Introducing Barclayloan and Barclayloan Plus
Barclayloan is an unsecured loan, available to existing clients in Jersey, Guernsey, Isle of Man and Gibraltar (subject to status):
- Borrow from £1,000 to £25,000.
- Apply for repayment terms from one to five years (12, 18, 24, 30, 36, 48 or 60 months).
- For loans of £10,000 and above, terms up to 10 years (72, 84, 96, 108 or 120 months) may be available.
- Fixed interest rate - so the amount you repay never changes.
- Change your monthly repayment date if you need to once your loan has been opened.
- You can repay your loan sooner than planned, but be aware that there will be an early settlement fee.
Barclayloan Plus is an unsecured loan, available to existing clients in Jersey, Guernsey, Isle of Man and Gibraltar (subject to status) and offers lower interest rates than Barclayloan:
- Borrow from £5,000 to £25,000.
- For loans up to £10,000, terms from two to five years (24, 30, 36, 48 or 60 months) may be available.
- For loans of £10,000 and above, terms up to 10 years (72, 84, 96, 108 or 120 months) may be available.
- Fixed interest rate - so the amount you repay never changes.
- Monthly repayments start two months after your loan opens.
- You can repay your loan sooner than planned, but be aware that there will be an early settlement fee.
Am I eligible for Barclayloan Plus?
You may be able to apply for Barclayloan Plus, if you:
- are a Jersey, Guernsey, Isle of Man or Gibraltar resident;
- have held a Barclays current account with us for over 12 months;
- have paid at least £1,000 into your account each month;
- have managed your account well; and
- have a good credit history.
Barclayloan Summary
| Product | Barclayloan |
|---|---|
| Interest rate | The interest rate you receive will be based on your personal circumstances and the amount you choose to borrow. |
| Interest charging | Once agreed, the interest rate is fixed and guaranteed for the life of your loan. Interest at the rate shown on your loan agreement will be calculated on the amount of loan outstanding each day and debited to your account monthly in arrears. |
| Repayments | Payment is by monthly direct debit. First monthly repayment is due one month after the date the loan has been opened. Once the loan has been opened you can ask us to change your monthly repayment date to better suit you. This will result in additional interest being payable. |
| Repayments period | Loans are available for between one and five years (12, 18, 24, 30, 36, 48 or 60 months). Additionally, for loans of £10,000 and above, terms up to 10 years may be available (72, 84, 96, 108 or 120 months). By spreading your loan over a longer term your monthly repayment may be lower but the overall cost of the borrowing may be higher. |
| Amount of loan available | Loans are available from £1,000 to £25,000 in multiples of £100. |
| Arrangement fee | No arrangement fee. |
| Default fee | No default fees. If you run into difficulties with your repayments, please call us immediately and we will be happy to help. |
| Early settlement | An early settlement fee of 30 days interest on the loan balance outstanding at the settlement date will be payable in addition to any other interest due. See 'Interest charging' above. |
Barclayloan Plus Summary
| Product | Barclayloan Plus |
|---|---|
| Interest rate | The interest rate you receive will be based on your personal circumstances and the amount you choose to borrow. |
| Interest charging | Once agreed, the interest rate is fixed and guaranteed for the life of your loan. Interest at the rate shown on your loan agreement will be calculated on the amount of loan outstanding each day and debited to your account monthly in arrears. The first month of your loan term is interest free (8.9% APR Representative)**. However, if you settle your loan before you have made more than half of the monthly payments provided for in your agreement, you will pay the interest which would otherwise not have applied for that first month. |
| Repayments | Payment is by monthly direct debit. First monthly repayment is due two months after the date the loan has been opened. |
| Repayments period | Loans are available for between two and five years (24, 30, 36, 48 or 60 months). Additionally, for loans of £10,000 and above, terms up to 10 years may be available (72, 84, 96, 108 or 120 months). By spreading your loan over a longer term your monthly repayment may be lower but the overall cost of the borrowing may be higher. |
| Amount of loan available | Loans are available from £5,000 to £25,000 in multiples of £100. |
| Arrangement fee | No arrangement fee. |
| Default fee | No default fees. If you run into difficulties with your repayments, please call us immediately and we will be happy to help. |
| Early settlement | An early settlement fee of 30 days interest on the loan balance outstanding at the settlement date will be payable in addition to any other interest due. See 'Interest charging' above. |
** Representative example
| Loan amount | £10,000 |
| Loan term | 60 months |
| Monthly payment | £207.20 |
| Total amount payable | £12,432.00 |
| Representative APR | 8.9% APR |
| Interest rate per annum | 8.920% fixed |
The information contained in these tables summarise key product features and is not intended to replace any terms and conditions.
Applying couldn't be easier
If you are resident in the Isle of Man, Jersey, Guernsey or Gibraltar you can apply at your local branch or call +44 (0) 1624 684 444††.
To apply you will need proof of your income, for example a recent wage slip, along with a certified copy of one of the forms of identification below:
- Passport;
- Driving licence; or
- National identity card
1 Barclays will require a first legal charge over the property.
For customers in the UK. Barclays Bank PLC subscribes to the Lending Code which is monitored and enforced by the Lending Standards Board and is licensed and regulated by the Office of Fair Trading for the provision of credit products to consumers and related services. Further details can be found at the Lending Standards Board.
As a responsible lender, we only want you to borrow what you can afford, and in a way that is best for you. When considering your application, your financial circumstances will be assessed before we make a decision to lend money. And remember, if you should run into any financial difficulties, please contact us as soon as you become aware of them.
†† Lines are open from 8am to 6pm (UK time) Monday to Friday.
Call charges may vary. Please check with your local telecoms provider. Calls may be recorded for training and security purposes.
The products and services described on this page are provided by the following company, which is part of Barclays: Barclays Bank PLC in England and Wales. For further Information on this company and Barclays, please read the Important Information.
