Get an instant answer to your question by viewing frequently asked questions about Personal Loans.
Not necessarily. This is the representative rate we offer to the majority of people we offer loans to of this size.
How your rate is decided
When you apply we do a credit assessment. This will affect the rate we offer you which may be different to the representative rate.
Get an idea of your loan repayments
The loan calculator uses the representative rate to give you a guide as to what your repayments will be.
Find out exactly what we can offer you
You need to apply for a Personal Loan so we can do the credit assessment. This credit search will appear on your credit file. You’re under no obligation to take the rate we offer you.
You may repay the loan in full at any time before the final payment is due. Details of how to do this are in your agreement.
We calculate your settlement figure by first determining your ‘settlement date’. For a Personal Loan of less than, or equal to, one year we work out your settlement date by counting forward 28 days from the date we receive your request to settle early. If your loan agreement is longer than one year we are allowed to calculate the settlement date by counting forward for a further 30 days or one calendar month. We will charge interest up to your settlement date.
If you entered into your agreement with us on or after 11 June 2010, you are entitled to make a partial repayment of your Personal Loan.
Upon making a partial repayment you can choose whether to either reduce the term of your loan or your monthly repayment amount.
Please contact our team of specialist PPI complaint handlers on 0800 171 2171. Lines are open 8.30am to 5.30pm Monday to Friday.
It can help to have your PPI policy number to hand but we can find this for you if you don’t have it by using your name, date of birth and address at the time you took the policy out.
We’ll take the details of your complaint and advise you of the next steps.
To help us understand your complaint fully and process it quickly you can download and complete a PPI Questionnaire
If you’re unsure whether you have/had PPI
We can confirm this if you call us on the number above.
The easiest way to change your address and contact details (including your telephone number and email address) is to do it via Online Banking. It will be changed instantly.
If you have a joint account you can only change your own name and/or address within Online Banking. If both names and/or addresses need to be changed, both account holders must log on to their own Online Banking and change their own details.
You can also change it by telephone or in branch.
Log on and update your details instantly from within the "My Details & Settings" tab.
Choose 'Change personal details' from the left hand menu and then click 'Change address'.
Enter your new details (including postcode) and follow the onscreen instructions.
Please note: You will need to enter a One Time Passcode (OTP) to complete this change, so make sure you have your mobile phone to hand.
Complete a change of details form by
Take the form to your local branch together with relevant account documentation:
Your cash card, passbook or certificate and;
Signature bearing identification such as a full UK driving licence or valid EEA passport (this includes UK passport).
If you would like to discuss our identification requirements please call us on 0800 9 123 123 and we will be happy to help. Lines open 7am to 11pm Monday to Saturday and 8am to 10pmSundays.
Important information for customers with alerts: If you have Account alerts set up on your account and you want these to be sent to your updated telephone number and/or email address, then you will need to amend your alerts via the 'Account Services' tab in Online Banking as they are not automatically updated when you change your details.
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This is a system we use to help us decide whether we can lend you money and is also used by most other banks.
A credit score uses the information in your application, such as:
any financial commitments you have
We'll also take into consideration how you manage any Santander accounts you have and we'll make credit checks with credit reference agencies to find out how you've managed credit before.
There are 4 steps you should take before moving abroad.
1. Review your accounts
Moving abroad may have an impact on the accounts you have with Santander, in particular the benefits provided as part of the account and methods of repayments.
The table below lists by product any impact that could affect you by moving abroad.
You may wish to consider booking an appointment in branch for more information and for details of the options available to you.
If you haven't already, please visit Her Majesty's Revenue and Customs (HMRC) website for more information on any change to your tax status whilst you're away, or you can call them on +44 135 535 9022. You may be eligible for gross interest on banking, savings and fixed rate bond products, subject to completing and returning the R105 form to us which is available on the HMRC website.
Impact of moving abroad on accounts
|123 Current Account|| |
|Premier and Premier Direct Current Accounts with European Travel Insurance|| |
|Savings Accounts, Fixed Rate Bonds, ISAs and Investments|
|Fixed Rate Bonds|| |
|Cash ISAs, Investments ISAs and Investments|| |
|Personal Loans|| |
|Credit Cards|| |
|123 Credit Card|| |
2. Sign-up for Online Banking and Telephone Banking
Before you leave you should sign up for Online and Telephone Banking as both will help you manage your account remotely when you are no longer able to access a branch.
Go to Register for Online Banking for more information on Online Banking and how to register.
Please note that our Online and Telephone Banking services are not available for all products.
3. Register for Account alerts
In order to register for our Account alerts service, you need to be able to log on to Santander Online Banking.
If you're already registered for our Online Banking Service, you'll find details on how to set up your alert service in the 'Account Services' tab.
4. Update your contact details
It is important that you make sure your contact details, especially your mobile telephone number, are up to date, so that Santander can contact you while you are abroad should we suspect fraudulent activity on your account.
The easiest way to do this is to send us a secure message via Online Banking, visit your local branch, or call:
0800 9 123 123 (+44 1908 237 963). Lines are open 7am to 11pm Monday to Saturday and 8am to 10pm Sundays.
0800 9 123 123 (+44 1512 648 725). Lines are open 7am to 11pm Monday to Saturday and 8am to 10pm Sundays.
APR stands for Annual Percentage Rate which shows the overall cost of credit as an annual rate of charge. It takes into account the interest, charges and any other costs involved in getting credit, which makes it easy to compare across the market.
When we advertise a Representative APR this is the rate that we must give the majority of accepted customers on loans within the promoted tier.
The rate you are offered will depend upon:
the credit information and the last six years of credit activity held about you by the Credit Reference Agencies (Experian, Call Credit, Equifax).
the value of secured and unsecured debt that you already have.
the monthly income that you have available to repay your new personal loan.
the loan amount and term that have been requested.
the way you have managed any other accounts with Santander.