If you already have a personal loan with TSB but want to borrow more, then you could apply for another loan, or top up the one you have.
How do I borrow more on an existing personal loan?
There are two main ways that you can apply to borrow more:
Option 1
Combine your existing loan in a single payment
Option 2
Keep your existing loan and take out a separate loan
What you need to know about additional borrowing
- The APR you’re offered depends on the amount you want to borrow, the length of the term, and your circumstances
- A personalised quote will show you the rate you'll get if you are approved for the loan without affecting your credit score
- If you refinance any existing debts, you may pay a higher rate of interest or make repayments over a longer term. This means that you may pay more interest overall
Find out more about our loans, including fees and charges, by visiting our FAQs page.
To apply online for a top up loan, you'll need to:
How do I apply for additional borrowing?
Apply in the app
This is the quickest way to apply
Simply log in, select ‘Loans’ and then ‘Apply now’
Get a personalised quote and see your rate without impacting your credit score
Or apply online
Get a personalised quote and see your rate without affecting your credit score
If you prefer to apply in branch or over a video call, you can book an appointment.
Have you thought about...
Mortgage - additional borrowing
For existing mortgage customers
TSB mortgage customers can apply for additional borrowing if:
- You're looking to borrow £10,000 or more
- You've made at least 6 payments since taking out your mortgage
Your home may be repossessed if you do not keep up repayments on your mortgage.
A Platinum Purchase credit card
For new and existing customers
- Apply for our purchase card offer - up to 26 months!
- Spread the cost of your purchases
- After your introductory period, it's 24.9% representative APR (variable)
Borrow well
If you're looking to borrow money, read our guide to borrowing sensibly.
Fraudsters will often try to trick you into taking out a loan
If you're applying today: to make an investment, to help the National Crime Agency or the police to catch a criminal, or to send money to someone, even someone you know, STOP!
These are common frauds and you may be about to become a victim. For help and support, please call our fraud team on 0800 096 8669.
Any questions?
At TSB, there are two options when it comes to additional borrowing on your existing loan.
- You can top up your borrowing with a new loan that runs alongside your old one.
- Or you can take out a loan which repays the existing one, giving you a new loan for a larger amount.
Any additional borrowing you take out will be at the current interest rates, which may not be the same rate as your existing loan.
Important information
* To apply for a loan between £300 - £999 and 25,000 - £50,000 you need to hold a TSB current account.
The representative APR is the Annual Percentage Rate of charge. You can use it to compare the overall cost of credit between different lenders.
