Personal Loan Requirements
Make sure you meet these requirements before applying:
- Have a valid bank account
- Receive an income through employment or self-employment
- Be a resident of the United Kingdom
- Be at least 18 years old
With the Pounds to Pocket LoanBuilder, choose to repay your personal loan between 6 and 12 months with the following options:
- Debit Card. Your regularly scheduled payments will be automatically withdrawn from your debit card on your due dates at no additional cost.
- Direct Debit Authorisation. Use this option if you don’t have a debit card. Your regularly scheduled payments will be automatically withdrawn from your bank account on your due dates.