Lloyds TSB loans
Lloyds TSB
Lloyds Bank was established in 1765 as a private banking business in Birmingham, and merged in 1995 with the TSB Bank, which was formed in 1810 by a Reverend who set up a bank to help his poorest parishioners save for times of hardship.
Today, Lloyds TSB is one of the largest providers of personal finance services in the UK, and owns Cheltenham and Gloucester and Scottish Widows.
Lloyds TSB offers a range of loans, including its Buy Now Pay Later loan, where payments don’t start until after three months. If you have made 6 monthly payments towards the loan, you can also take a repayment holiday, where you can take a one month break from your loan repayments.
Niche loans, such as its further education loan, are available for those studying full time for a professional qualification. These types of loans offer flexible repayment options, though you should be aware that if you defer payments or take a repayment holiday, the interest on the loan will continue to accrue, and could make the overall cost of the loan higher than you originally thought.
| Provider & product |
Typical APR |
Amount & term |
Total amount repayable /
Monthly repayment |
Apply |
|
|
Typical 7.80% APR
|
£10,000
60 months
|
£12,032.40 /
£200.54
|
Apply
|
|
|
Typical 8.70% APR
|
£10,000
60 months
|
£12,273.00 /
£204.55
|
Apply
|
|
|
Typical 8.90% APR
|
£10,000
60 months
|
£12,326.40 /
£205.44
|
Apply
|
Other Lloyds TSB loan products
| Provider & product |
Typical APR |
Amount & term |
Total amount repayable /
Monthly repayment |
Apply |
|
|
Typical 8.90% APR
|
£10,000
60 months
|
£12,326.40 /
£205.44
|
Apply
|
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