Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk

Frequently Asked Questions

How much will I be able to borrow?

The amount that a lender will offer an applicant can vary based on many factors, such as their term of employment and any current credit commitments. Lenders generally offer personal loans from £1,000 to £2,500, but will use the information given to ensure they are lending money responsibly.

How long will it take to repay the loan?

The term of the loan can vary depending on how much you're looking to borrow. Loans under £15,000 can be paid with a year, but you may opt for a longer term. Loan terms can vary between 12 to 60 months.

What is a Representative APR?

In layman's terms, a representative rate is an overall snapshot of what lenders can expect to pay in interest. However, as different lenders will meet different levels of criteria, this can alter dramatically.

What information will I need to apply?

In order to apply for a loan with Top Rated Personal Loan, you will need to have the following information to hand.

 Details of your income, along with any amounts you must pay in relation to rent or a mortgage.
 A home telephone number (must be a landline)
 Details of your residence over the last three years
 The name and address of your employer

Important Information

Implications of Non Payment

Lenders follow their own principles and policies regarding fees and interest if you don’t pay on time. While most of them will contact you by phone or letter to rearrange payment, remember that non-payment can lead to extra charges and increased interest rate which eventually affects your credit score. It’s important that you read the lender’s website’s charges section before finalising the loan.

Collection Practices

Lenders usually contact you by phone, email or letter to arrange payment as non-payment can lead to charges and higher interest rates affecting your credit score. There is the possibility of your debt being passed on to a collection agency and consequent further charges with continued non-payment.


Make sure you contact your lender well before your repayment date if you plan to renew your loan. You will most probably be charged the same rate of interest and fees for the next month on the entire loan amount. The loan renewal/extension is automatic and leads to more interest and charges to your account in the event of a non-payment.

Other Information

This website or its third party tools use cookies, which are necessary to its functioning and required to achieve the purposes illustrated in the cookie policy.  By tapping on "I accept" you agree to the use of cookies. I accept