Large Personal Loans

Are you in need of large personal loans to help you afford that one thing you have in mind? Large personal loans enable you to not only get a larger loan but also give you a longer repayment period meaning you can afford what you are required to repay.

What are Large Personal Loans?

Large loans refer to borrowing sums of money that exceed £25,000. Luckily for you, we offer loans up to £35,000. Personal loans are usually unsecured loans meaning they have no security or collateral. For example, with a secured loan the lender could seize your property if you fail to keep up with your repayments.

Large Personal Loans Online

Once you’ve applied using our online application form, you will receive an informed decision within 10 minutes. Usually, people receive their loan on the same day or the following working day. Although, it could take longer depending on the time and day you apply.

Like most loans, the repayment is split into smaller monthly instalments. Larger personal loans can be paid back anytime between 1 year and 6 years to give you plenty of time.

Large Personal Loans UK

Large personal loans have various uses in the UK. This is because you are not restricted to what you can use it for. These type of loans tend to be for things which cost a large sum of money. This could be things like home improvements, weddings, consolidating debts, cars, or other loans. Although, they are just examples and they can be used on whatever you want, hence the name. But we do advise that you are careful and make sure you know everything possible about loans before you apply.

What happens if I miss a payment?

Before you apply for a large personal loan you should ensure that you will be able to repay the loan. On websites like ours, you will find a loan calculator which you can use as a guide to give you a rough idea of how much you will repay for your desired loan.

Missing a payment can cause serious money problems. All lenders have a late repayment policy, it is usually a £15 penalty and up to 0.8% interest per day. Along with this, it can impact your credit score massively. But, this can be different for all lenders. So, if you are unable to repay your large loan, you should contact your lender immediately.

Large Personal Loans For Bad Credit

Not everyone has a perfect credit score there are a lot of people out there in the UK who struggle to keep on top of their credit score. But, that doesn’t mean you are any less in need than anyone else. So, here at Simple Personal Loans, we work alongside lenders who can offer you a large loan, even if you have bad credit.

Large Unsecured Personal Loans

For loans with values of around £35,000 or more, your lender will probably want to secure the loan against something valuable. That could be your home or your car, this way they know they’ll get something back if you stop paying.

Simple Personal Loans offer amounts from £1,000 to £35,000 to ensure you’re getting the amount which you need. Our unsecured loans are simple – they’re a loan which has no security or collateral.

How Large Can A Personal Loan Be?

When applying through us here at Simple Personal Loans, we can help you find a loan up to £35,000. Unlike many other lenders and brokers, we can offer larger unsecured loans. Most brokers tend to finish their range for unsecured loans at £25,000, but here, we want to help you find what you need.

Applying For A Loan

If you’ve come to the decision that you’re interested in taking out a personal loan, be sure you meet the eligibility criteria. We ask that applicants are over 18 years old, are employed and live in the UK. As well as this, we ask for your personal and employment details. So, don’t wait up and being your loan journey today!

Apply Today!