Commercial Feature

If you’re considering your options for a loan and looking at what’s available, Lloyds TSB have a range that might be worth factoring into your decision.

When the time comes to start applying for your personal loan, we can help you make sure you choose the right one using our various online tools and guides. For example, our loan calculator tool can be used to help you work out the repayments on the amount you’re looking to borrow. By inputting how much you wish to borrow, along with details on your monthly outgoings and commitments, you’ll be able to build a clearer picture of whether the repayments will fit in with your other outgoings. This means you can be realistic about the amount you apply for and the repayments you can afford to make. Once you’ve decided what’s affordable, you can apply online or get in touch with us in-branch or over the phone if you have any other questions.

Of course, choosing a loan also involves thinking about what the money will be used for and how quickly you plan to pay it back. For example, some people find that our graduate loans offer a helping hand as they make the first steps on their career path. Applicants for these loans are able to borrow between £1,000 and £10,000, with repayment terms of up to five years. Some eligible applicants may have the option of a repayments holiday for the first three months of the loan, which could be a welcome boost.

If you’re at a different stage of your journey, however, you could be looking at one of our regular personal loans, which allow you to borrow up to £25,000. People who take out these loans can repay over a time that suits them, between one and seven years. The repayments are fixed for the life of the loan, although there are options to take repayment holidays if you need a break later on.

At Lloyds TSB, we want to help you manage your finances whatever stage of life’s journey you’re at, which is why we’ve published a selection of online guides, which can help you manage your money. Meanwhile, if you choose one of our bank accounts, you’ll be able to use a range of online and mobile solutions which allow you to keep an eye on your balance and check when your loan repayments are being made.