Go paper-free
Amend paper-free preferences for your statements and correspondence.
Borrow more
As an existing Bank of Scotland Loan customer, you can apply for more money at any time.
-
If you’d prefer to speak to someone, give us a call or visit your nearest branch.
Is a personal loan the right option for you?
When borrowing money, you need to make the right choice for you and your circumstances. Other borrowing options may be more suitable.
Representative Example
You could borrow £10,000 over 48 months with 48 monthly repayments of £237.16. Total amount repayable will be £11,383.68. Representative 6.7% APR, annual interest rate (fixed) 6.5%.
This representative APR applies to loans of £7,500 to £25,000 over 1 to 5 years. Other terms and loan amounts are available at different rates. The maximum APR you could be offered is 29.9% APR.
The representative APR is the rate that at least 51% of people are expected to receive when taking out a loan within the stated amount and term range.
Options for borrowing more
Paying it back - what you need to know
Managing your loan - it's easy to keep track of your loan using Internet Banking or the Mobile Banking app. You can also call us or visit us in branch.
Repayment holidays - Once you've made the first monthly repayment on your loan, you’ll have the option to apply for a repayment holiday. You can apply for up to two non-consecutive repayment holidays of one month each, in a rolling 12-month period (subject to approval).
Just be aware – even though you won’t need to make your usual repayment during your repayment holiday, we’ll still charge daily interest on your loan. This means you’ll pay more overall, and your loan’s end date will be extended by one month each time.
Make further payments with no extra charge.
