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Post Office

The Post Office now offers much more than just stamps. It has a range of financial products on offer including personal loans for amounts between £2,000 and £25,000.

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Loans displayed have term lengths between 6 months and 7 years, and 3.6% APR.

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APR Total repayable

The amount is based on monthly compounding and for comparison purposes only.

Monthly repayments

Post Office Money Personal Loans

  • Instant online decision
  • No arrangement fees
  • Funds transferred within 2 working days
More info
3.6% APR Representative
£8,054.88
£167.81 repayable per month
Can I get this loan?
Please make sure you at least meet the following criteria:
  • You must be aged between 21 and 70
  • You must have been a permanent UK resident for 3 years
  • You must have an annual income of at least £12,000 and have a UK bank or building society account
  • You must not have a history of CCJ’s or bankruptcy

Additional criteria for acceptance from the lender may apply.

Assumed borrowing of £7,500 over 48 months at a fixed rate of 3.6% per annum would result in a representative rate of 3.6% APR, monthly repayments of £167.81 and a total amount repayable of £8,054.88.

Warning: Late repayments can cause you serious money problems. For more information see our debt help guides.

uSwitch Limited is a credit broker, not a lender, for consumer credit products. Our services are provided at no cost to you, but we may receive a commission from the companies we refer you to. For some loans a broker fee of up to 12.5% may be added to the cost of the loan.

About Post Office

Post offices have long been a part of the British heritage, but they offer much more than stamps, including a branch banking system that's designed to bring local banking back into smaller communities. With over 11,500 branches, they offer a fast and convenient banking solution, particularly to those without personal transport. 

Whilst not being incorporated as a bank or financial institution in their own right, they have partnerships with many other banks and building societies, allowing them to offer a wide range of financial services over the counter. Since 2013 they have been trialling a Post Office current account, although this is backed by Bank of Ireland (UK) PLC, rather than administered independently by the Post Office.

The branch banking services that the Post Office offer vary depending upon the bank or financial institution that an individual uses. A large number of such institutions have agreements in place with the Post Office, to provide added value and convenience to their customers. 

Further details are available on their website, or information can be obtained in store. The history of the organisation itself goes back to the time of Charles II, who established the GPO in 1660. Its banking roots also go back a long way. The first GPO savings bank was created in 1861, to provide savings facilities to people who didn't have access to major towns that were home to the banks of the time. This continued until 1969, when the savings bank was transferred to the control of the Treasury, and renamed National Savings.

Today, the Post Office not only offer saving and cash withdrawal facilities, they also offer personal loans for amounts between £2,000 and £25,000. These are again offered in conjunction with Bank of Ireland, as is their credit card. One benefit that their credit card brings is that it can be used to buy foreign currency at any of their branches, without incurring a cash fee.