Barclays offers a mixed bag of interest rate structures for differing credit scores - the rate you'll be offered depends on your individual credit rating.
We understand that customers dread the prolonged application processes that so many banks have so, we've designed short term credit applications which are faster and more convenient with minimal paperwork; this means you can access a sameday loan without delay.
Basic requirements to apply at Barclays
- You must be 18 or over
- You must be employed or be able to prove a stable income in the case of self-employment
- You are a UK resident
Paying back your loan
When the quick loan is approved and paid into your account, you will be informed of the exact date that the reimbursements must be made.
A direct debit will be set up and the cash taken from your account on these dates automatically. This makes it impossible for you to forget about making the repayments and will, therefore, save you from unnecessary problems.
How to apply for credit at Barclays
Select the sum you need based on how much you can afford to repay on a monthly basis, then utilize the online application structure to submit your application. This takes simply a couple of minutes.
With Barclays, we have a range of much more affordable short term credit products that you take out whether you are a new or existing customer.
Many people choose to take out payday cash loans for the sheer speed at which they can access the credit, however, these high interest loans are expensive and, if not repaid as agreed, will cause you serious money problems.
What are your alternative options
Payday loans are becoming progressively prominent amongst the general public. The individuals who need them, do so in light of the fact that they are quick and can be approved even for people that have bad credit. Barclays offers a variety of top credit cards, overdrafts and affordable secured and unsecured personal loans that offer you better rates and larger loan amounts.
Our personal loans - affordable and flexible
Our least Barclay loan rate ever: 4.3% APR on loans of £1,000 to £25,000. You could get your cash straight away in the event that you apply online and your application is approved. Unlike so many other banking institutions we do away with the long processes and procedures to make getting short-term credit as quick and easy as possible.
No more in-branch interviews
The internet has certainly transformed the banking and financial industry - allowing people to send, receive and pay bills online without having to visit a branch or complete lots of paperwork and Barclays has kept up. You can utilize our convenient online banking platform to do just about anything - from taking out a loan to paying bills and updating your personal information.
Barclays Product Details
- Loan Type Payday loans
- Interest Rate from 4.3%
- Loan Amount up to £25,000
- Repayment 24 months to 60 months
Benefits of Barclays
- Personalised payday loan quotes
- Apply for a loan in 10 minutes
- Loans are paid out quickly
- Affordable and flexible loan terms
Get a quick and convenient payday loan through Barclays
We do offer payday loans, existing customers can enjoy the same benefits offered; by logging into your online banking account you can quickly check to see if you've already been offered a provisional loan.
Many people are tempted to take out a payday loan when they’re running low on money or need to cover unexpected expenses. This is generally because payday lenders offer the fastest solution to money shortages, some offering cash in a matter of minutes and even without a credit check. Payday loans are the most expensive type of debt that you can get into, with APR’s easily running into the thousands. Barclays offers an affordable alternative in the form of our Barclayloan which carries a Representative 4.9% APR, our highly convenient credit cards and our overdraft facilities.
Alternatives to getting a payday loan:
- Credit Cards
- Overdrafts and emergency borrowing
- Personal Loans Use Barclays
Overdraft facilities offer you quick cash
An overdraft allows you to increase or set up a bigger credit limit that acts as a safety net and that you can use to avoid high risk forms of lending. To see just how much more affordable an overdraft would be then a payday loan, you can use our calculator which will give you a clear indication of what you’ll be paying daily and monthly. Existing customers can apply for an overdraft or increase their existing overdraft by simply logging in to their online banking and selecting the provisional options already available to them.
Get a personal loan from Barclays
Barclays offers existing customers a simple way to avoid getting a payday loan. We offer short-term loans that range between £1,000 to £25,000 and a loan term of between 24 and 60 months at a Representative Annual Percentage Rate (APR) of 4.9%. To check if you already qualify for a provisional personal loan from Barclays, simply log in to online banking via your PC, tablet or mobile phone to find out. You will then be directed to the agreement form and once you’ve completed and returned it to us, we will immediately credit your account. If you do not have a provisional loan available but are an existing Barclays’ customer all you need to do is fill in our price quote or loan application form to get a personal loan.
Barclays is a trusted & reliable provider of payday loans
In our review, Barclays adheres to the compliance criteria in accordance with the Financial Conduct Authority, where the granting the loan will not cause financial distress to the consumer.
Barclays is a registered credit provider in the UK; FCA number 759676
Customer Reviews & Testimonials
If you ever find yourself needing a payday loan and needing one fast then you should use Barclays as I did.
— England —
The service is great and they care about every customer.
— London —
Barclays Contact Details
- 3 Castle Street Dumfries Scotland DG1 1DJ United Kingdom
- Get Directions
- Monday 10:00 – 14:00
- Tuesday 10:00 – 14:00
- Wednesday 10:00 – 14:00
- Thursday 10:00 – 14:00
- Friday 10:00 – 14:00
- Saturday – Closed
- Sunday – Closed