Debt Consolidation Loans

If you're paying off personal loans, credit or store cards, our flexible loan offers an easy way to combine your debts and manage them all in one place.

We call it borrowing well because it puts you in control, with just one monthly payment.

I want to:

I currently owe:

£
£1,000 £25,000
You can only borrow between £1,000 and £25,000.

My monthly payments are:

£
£100 £700
You can only enter a figure between £100 and £700.

And I can pay additional:

£per month
£0 £700
You can only enter a figure between £0 and £700.

And I want to pay over:

  months
12 84
Repayment term must be between 12 and 84 months.

And I want to borrow an extra:

£
£0 £0
The additional amount you wish to borrow is too large

It will take 18 months to pay off this loan You'll save £1 on your monthly payment.

Representative Example:

Your monthly repayment will be: £428.28

Total repayable:
£7,709.04
Loan term:
18 months
Annual interest rate (fixed):
3.49%
APR representative:
Content_C
3.5%

Actual loan amount and rate will vary. Get a personal quote without affecting your credit rating.

Borrowing more for example by increasing your term may increase the total interest you pay. You may incur fees from your current provider by paying off your existing finance products early. Please check with them before you apply for a new loan so that you understand all the costs involved.

Reducing your monthly repayment for example by increasing your term may increase the total interest you repay. You may incur fees from your current provider by paying off your existing finance products early. Please check with them before you apply for a new loan so that you understand all the costs involved.

You may also pay your debt off sooner and / or save more interest overall by overpaying with your existing provider. You may incur fees from your current provider by paying off your existing borrowing early. Please check with them before you apply for a new loan so that you understand all the costs involved.

Borrowers must be UK residents and aged 18 or over. Lending is subject to status and actual rate offered will depend on our assessment of your personal circumstances.

The maximum APR we might offer is 30.0%, but we will tell you your personalised rate before you apply.

Features

  • A personalised quote that won't affect your credit rating
  • Make overpayments when you want
  • Fixed monthly repayments on a date to suit you
  • Pay back your loan between one and seven years
  • Up to two repayment holidays each year. Interest will be charged if you take a break from your repayments or defer your payments, so you will pay more interest overall. Subject to approval

Read reviews

There's lots of helpful information and tips on managing money at  www.moneyadviceservice.org.uk, and you can check your credit file for free at  www.noddle.co.uk.

Find out more about our loans, including fees and charges, by visiting our  FAQs page.

How to apply

 
To be eligible for our personal loan, you must:
  • be 18 or over
  • be a resident of the UK with no history of adverse credit
  • have had a TSB bank account for more than 3 months
  • make repayments by Direct Debit
  • be a permanent paid employee, self-employed or retired with a pension
  • Satisfy us that you can afford to pay back the loan

Thanks for choosing TSB for your Personal Loan. We will soon be moving on to a new state of the art IT system to allow us to bring you a better service in the future. This means we can’t accept or progress any new applications online until we complete these changes but you can apply in one of our branches.

You need to have held a TSB current account for more than 3 months.

Find a branch and apply for a loan in person.

Call

Call

Bank over the phone 24/7 using our automated service - call 03459 758 758.

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