A Barclays personal loan used to combine existing debts into one fixed monthly repayment. Barclays provides a debt consolidation calculator to compare costs.
With a fixed rate and fixed monthly repayments, you know exactly what you will pay each month and when the loan will be cleared.
Compare the representative APR, the total amount repayable and any fees before you decide.
Benefits of the Barclays Debt Consolidation Loan
- One monthly payment: Combine several debts into a single loan repayment.
- Fixed monthly repayments: Your interest rate and repayments stay the same for the whole term.
- Consolidation calculator: Compare what you pay now with a single loan before you apply.
- Check before you apply: An eligibility check uses a soft search, so it does not affect your credit score.
- Overpay or settle early: You can make overpayments or repay early; a statutory early-settlement charge of up to 58 days' interest may apply.
| Feature | Detail |
|---|---|
| Loan amount | From £1,000 (maximum depends on eligibility) |
| Term | Typically 1–5 years (varies) |
| Representative APR | Varies by amount and term – see the calculator on the Barclays site |
| Eligibility | Existing Barclays current account or Barclaycard customers can see a personalised rate |
| How to apply | Barclays app, Online Banking or barclays.co.uk |
Key features
One monthly payment: Combine several debts into a single loan repayment.
Fixed monthly repayments: Your interest rate and repayments stay the same for the whole term.
Consolidation calculator: Compare what you pay now with a single loan before you apply.
About Barclays Bank UK PLC
Barclays Bank UK PLC is an established UK provider of personal finance products, authorised and regulated in the UK. Applying is straightforward and mostly online.
We compare independently and then send you to the provider’s official website to apply. We are not a lender or credit broker.
All rates depend on your circumstances and are subject to status. Representative examples and final terms are set by Barclays Bank UK PLC.