5000 Loan | Barclays loan for 5000 pounds, when paid back over a 1/2/3 or 5 year period.
Have a representative APR (annual percentage rate) of 9.9%. With a monthly repayment plan of £440/£230/£160 or £105 for their respected year period.
Barclays Bank Personal Loans
Barclays Bank is a well known, market leading, banking institution and loan lender in the UK. It’s commonly known around the world as the former lead sponsor of the Barclay’s Premier League. Found in 1690, they are a member of the “big four” banking institutions in Britain. It operates in over 40 countries and employs around 120,000 people.
If looking for a personal loan for a new car, new kitchen or a well overdue holiday abroad clients should definitely take a look at Barclays Bank.
5000 Loan Rates and Repayments
Barclays UK offer customers personal loans with extremely competitive interest rates. Amounts between £1,000 and £50,000 are available with repayment period of up to 60 months.
They are available to repaid over a 2-5 year period at a fixed rate of interest. The details and specifics of the interest will be based on borrowers personal, the total amount of the loan and the repayment period chosen.
However, Barclays 5000 loan pounds, when paid back over a 1/2/3 or 5 year period, have a representative APR (annual percentage rate) of 9.9%. With a monthly repayment plan of £440/£230/£160 or £105 for their respected year period.
Applying for 5000 Loan | Barclays Personal Loan
The stigma about applying for a personal loan is often that it is extremely difficult to secure and requires tons of criteria met. At Barclays Bank personal loans are are simple and easy to qualify for. There are only a handful or criteria that to met and regulation that follow.
Barclays states that these loans can not be using for a number of listed reasons.
The list of not accepted uses for these personal loans are as follows:
- Any Business reasons.
- Any investments in order to buy stocks in the stock market or buying real estate.
- Combining the loan with other loans to make a purchase.
- Using of personal loans for timeshares is also forbid den.
If borrower is already a member and owns a savings or current account, have a mortgage taken out from Barclays or own a Barclaycard they will not need to provide all these documents again. And even better if customers are a member of their online banking platform, They will fill out all the regulatory documents and enter their details.
This makes applying for a personal loan effortless.