Secure a quick online loan for big purchases with our low-interest rates, paying back in small instalments at half the cost of traditional banks.
We use peer-to-peer lending to match individual lenders with people who want to borrow. This cuts out the banks entirely and means you could save on average 50% compared to your bank.
Survey of 5 UK banks to find the average cost of a £1,000 personal loan for 12 months using their respective Representative APRs carried out on 16th Feb 2017.
Representative example: Borrow £1000 over 12 months at 9.9% APR representative. Monthly repayments of £87.68 and total amount payable of £1,052.15. Interest rate of 4.5% p.a. (fixed) and total fees of £27.50. The rate you are offered may differ from the Representative APR shown and will be based on your personal circumstances, loan amount and repayment term.
Get a free personalised quote in just two minutes by answering a few simple questions about your credit requirements. Our personalised loan quote tool allows you to request loan amounts ranging from £500 up to £25,000 and adjust your repayment terms between 12 to 60 months.
If you apply online and accept your personal loan quote, the money will be transferred to your Revolut account instantly, whether you are at home or abroad. So you can start planning for your holiday, wedding, or first car purchase straight away!
Setting up your monthly recurring payments is simple. You'll also have the option to pay off your loan early, in part or in full, at any time without fees, unlike many traditional banks which may charge you repayment penalties.
Spend with your Revolut card and pay for big purchases in small, manageable monthly payments. Once you have accepted your credit agreement, you also have up to 14 days to cancel your loan in case you change your mind.
We’re working with innovative partners so that Revolut can be a 21st century banking alternative for your entire financial life. Since 2014, our credit partner Lending Works has approved £50 million in loans and won a bunch of awards.
Revolut is acting as an intermediary, and is not the lender. Loans are provided through Lending Works’ peer-to-peer lending platform. Revolut Limited is an appointed representative of Lending Works Limited, which is authorised and regulated by the Financial Conduct Authority. Lending Works’ registered offices are at 60 Gray’s Inn Road, London, WC1X 8AQ.