Personal loan
See your personalised loan rates in just 3 minutes so you know exactly what you could get. Our rates are often among the lowest out there. Checking your rates won't affect your credit score.
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Representative example
A loan of £10,000 over 5 years will cost you £255.50 per month at a representative 19.9% APR.
The total cost after 5 years is £15,329.80, which includes £5,329.80 interest at 19.9% fixed and a £0 fee. The total amount of credit is £10,000.
The rate you are offered will depend on your individual circumstances.
We're Zopa
At Zopa Bank, we’re combining our tech know-how with money expertise to make simple, fair and honest financial products that have the customer’s needs at their heart. We’ve always been unapologetically honest with our customers, and value the same in return. Their feedback helps us shape what we build, so we can provide a bank fit for today, and for the future.
Why choose Zopa?
See the rate you’ll actually get, with no impact to your credit score
Apply in a few minutes online – no forms or paperwork
If your loan’s approved, you’ll get the money within 2 hours
It's easy to pay extra towards your loan
Our customer service is award-winning, so you know you'll get a great service as standard when you need to get in touch
What our customers think
A***Excellent to use! They came to my attention via CreditKarma who recommended then as a loan company, the application was simple and straightforward, jargon was explained and the app was brilliant for monitoring my payment schedule. I will definitely use you again if I need to take a loan out! Thank you!
Loans made easy ..app is easy to…Loans made easy ..app is easy to navigate and use
Quick transferQuick transfer, good communication
Easy to manage, low interest rate loansI've had 2 separate loans with Zopa, both have been easy to arrange and manage, with low interest rates. Would use them again if I needed a loan. Highly recommended.
Very happy with this service!Very happy with this service from start to finish!
ZOPA is well worth itQuick responses all done online so not subject to human (lack of knowledge) error. Paid off my loan early without hassle. Online transactions updated promptly within working hours.
Never had any problem getting loans and…Never had any problem getting loans and it straight forward to apply online. All the members of the team were excellent in dealing my cases. They all are very very helpful and supportive at all times. I would have no hesitation to recommend my friends and families to apply for any loans from ZOPA. Thanks again for all the your help. BIG thank you to all the team members at Zopa.👍🏻👍🏻❤️❤️
Very easy and friendly company to deal…Very easy and friendly company to deal with. A very happy customer 😊
A fantastic user friendly and efficient…A fantastic user friendly and efficient service received . Will definitely use again
Professional and HelpfulThe company were kind and supportive throughout the loan. Easy to use site. Thank you Zopa.
Really quick and easyReally quick and easy. Was accepted for a loan of £4000+ straight away, when I was rejected by other companies. Paid back early which again was stress free and easy. Interest rate okay, not the highest I've seen, not the lowest. Would definitely use again due to the ease and efficiency.
Great websiteGreat website, easy and clear with no confusion about where you stand.
A***Excellent to use! They came to my attention via CreditKarma who recommended then as a loan company, the application was simple and straightforward, jargon was explained and the app was brilliant for monitoring my payment schedule. I will definitely use you again if I need to take a loan out! Thank you!
Loans made easy ..app is easy to…Loans made easy ..app is easy to navigate and use
Based on 19253 reviews
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A bank you can rely on
As a UK bank, we’re authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
People often ask us
Yes you can.
There are a few conditions, and it has to have been at least 6 months since your last Zopa loan application.
How?
When you sign in, under 'My account' you can select the option to 'Borrow more'.
You should only borrow what you are able repay, and all Zopa loans are subject to our normal credit checks
Please remember that the total amount you can borrow is £25,000. This means if you have an outstanding balance of £5,000, you have up to £20,000 left to borrow.
Consolidating an existing loan?
Great. Simply tick the 'debt consolidation' box if you want to consolidate an existing loan. In the 'about you' section of the loan application you'll be given the option to consolidate your existing Zopa loan, and shown the amount. Don't forget to tick the 'final consolidation permission' box.
Please be aware that a settlement amount is automatically taken from your account when you take out a new loan with us. This means that the remaining balance of your loan, any fees as well as interest due are deducted from your new loan amount.
Yes you can. The day is automatically set to 30 days after your loan is approved, but you're welcome to pick a more convenient one.
To change your repayment day, please sign into your Zopa account, open up the relevant loan, and follow the steps on screen.
Things to keep in mind
- You'll always need to pick a date that's at least 3 days in the future.
- We aim to offer as much flexibility as we can, but some dates won't be possible because of how we process payments. If the first date you choose isn't an option, please try a couple of days before or after it.
- Your next monthly repayment will increase or decrease slightly. We do this to adjust for the change in interest payable caused by the increased or decreased number of days from your original repayment day to your new repayment day. (Don't worry, it's a one-off! Your repayments will return to normal the following month.)
- You won't be able to change your repayment day if: there's a repayment pending or in progress, or you've missed one or more repayments or have defaulted on your loan, or you recently made an extra repayment and haven't made a regular monthly repayment since.
Need a hand?
We're here to help. Call us on 020 7580 6060 (Monday to Friday 8am - 8pm and Saturday and Sunday 9am - 5:30pm).
Yes… well, sort of.
Your monthly repayments will go down if you pay extra towards your loan.
But it's not possible to pick a new amount from scratch, because your Loan Contract is a fixed agreement. This helps us responsibly plan the money that goes into and out of Zopa.
Yes, you can. To consolidate one or more existing Zopa loans.
First you'll need to log into your zopa.com account
Under 'My account' you can select the option to 'Borrow more'.
As with your original loan, the application will be subject to our normal credit checks and you can only borrow up to the maximum loan allowance out of £25,000.
For example: If you borrowed £5,000, you have up to £20,000 left to borrow.
Please be aware that a settlement amount is automatically taken from your account when you take out a new loan with us. This means that the remaining balance of your loan, any fees, as well as interest due are deducted from your new loan amount.
For example: If your remaining Zopa loan balance was £1,000 and you applied for a new £3,000 Zopa loan. Let's say your fees and interest amount to £20. The remaining balance of your original loan (£1,000), as well as any fees and interest payable (£20) will be deduced before you are credited with the remaining disbursal amount.
Using the above example, this would mean your loan disbursal amount is £1,980.
To pay extra online or via the app: please sign into your Zopa account, open up the relevant loan, and follow the steps on screen. We'll take the money through your Direct Debit.
To pay extra over the phone: call us on 020 7580 6060 (Monday to Friday 8am - 8pm and Saturday and Sunday 9am - 5:30pm) and we'd be happy to walk you through it. You can choose to pay by Debit Card or via your Direct Debit.
Things to keep in mind
- An extra repayment will reduce your loan balance reduce the interest you pay overall and reduce the size of your monthly repayments.
- The term of your loan will stay the same.
- You'll need to pay at least £10.
- If we're processing one of your regular monthly repayments you won't be able to make an extra repayment. This is because it takes a while for the transaction to clear. Please wait a few days if that happens then try again.
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"Thanks to its clever use of technology – including an initial 'soft' credit check that does not impact on someone’s credit rating – Zopa is able to offer pre-approval for up to 65 per cent of applicants, in as little as 12 seconds. In a market where lending approval can take days, that’s an important advantage."