Lloyds Loans Alternative
Loans from £100 to £10,000
- 3 months to 5 years
- 100% online application
- All credit scores welcome to apply
- Paid in as fast as 10 minutes^

Secure SSL connection
Your application is sent over a secure encrypted network
Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk
Rates from 45.3% APR to 1575% APR Minimum Loan Term is 3 months - Maximum Loan Term is 60 months. Representative Example: Borrow £1000 for 24 months. Annual interest rate 70% (fixed). 24 equal instalments of £77.48. Total amount to repay £1,859.52. Representative 97% APR (variable).
*Subject to application being approved by the lender. Not all lenders are able to provide up to £10,000
Rates from 45.3% APR to 1575% APR Minimum Loan Term is 3 months - Maximum Loan Term is 60 months. Representative Example: Borrow £1000 for 24 months. Annual interest rate 70% (fixed). 24 equal instalments of £77.48. Total amount to repay £1,859.52. Representative 97% APR (variable).
*Subject to application being approved by the lender. Not all lenders are able to provide up to £10,000
Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk
Loans from £100 to £10,000
- 3 months to 5 years
- 100% online application
- All credit scores welcome to apply
- Paid out in as fast as 10 minutes^

Secure SSL connection
Your application is sent over a secure encrypted network
REPRESENTATIVE 97% APR
Loanski offers competitive interest rates compared to some lenders across the market.
Installment Options
Customize your loan term from 1 month to 60 months putting you in control of your payment plan.
Fast Payouts
You can expect fast payouts sometimes within 10 minutes^
Company Number:
00002065
Company Name:
LLOYDS BANK PLC
Date firm started up business:
20 April 1865
Type of Business:
64191 – Banks
Lloyds offers the following:
£1000 to £50,000
Loan term length:
12 months to 60 months
Previous Business Names:
LLOYDS TSB BANK PLC
28 Jun 1999 – 23 Sep 2013
LLOYDS BANK PLC
20 Apr 1865 – 28 Jun 1999
25 Gresham Street,
London,
England
EC2V 7HN
Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority
Payout Time:
If you are accepted for a loan with Lloyds Bank then the money will be in your account the next working day.
Lloyds Review
Lloyds Bank is a high street bank based in the United Kingdom. They opened their first branch in 1865 and have been growing ever since! They are now one of the UK’s major banks.
They offer a whole range of different banking services including mortgages, car finance, credit cards, savings accounts, loans and insurance.
How the company works:
Applying for a Loan with Lloyds is very easy. There are a few ways in which you can apply, which are onine using their interactive application form, over the telephone or by visiting a Lloyds branch.
You are able to apply for loans between £1000 to £50,000 over a term of 1 to 7 years.
You do not need to bank with Lloyds to be able to apply but if you are do not bank with them then you must either be a mortgage or credit card customer.
History:
Lloyds Bank actually started out in 1765 in Birmingham as Taylors and Lloyds. For over a hundred years the bank operated very successfully with just one branch.
It was founded by John Taylor, Sampson Lloyd and their two sons. It was a town bank and was one of the first banks in the area, which is why it may have been so successful.
During the industrial revolution, Birmingham thrived on becoming the power of it all. It was Taylor and Lloyds who funded the industries of the town, especially in the manufacturing and engineering sectors.
During the 1860’s they pushed harder, acquiring a whole list of other banks and expanded their business.
In 1996 when the bank merged with TSB to become Lloyds TSB, they had over 200 branches throughout the United Kingdom. It was one of the biggest banking takeovers and merges of its time.
The take over secured Lloyds as one of the top 5 high street banks in the UK.
In 1911, Lloyds expanded abroad when they purchased banks from Armstrong and Co, opening banks in Paris, Le Havre and eventually Argentina. The banks were renamed Lloyds Bank Europe.
The bank celebrated its 250th anniversary in 2015 which was a fantastic milestone for the company. To celebrate, they released an information book called Helping Britain Prosper 1765-2015, which can be downloaded here: https://www.lloydsbankinggroup.com/Our-Group/our-heritage/2015-our-milestone-year/250-years-of-lloyds-bank/250-book/
Repayment method:
There are a number of different ways to repay your loan with Lloyds. The most popular option is by monthly direct debit because it automatically takes the payments, meaning you don’t need to worry about forgetting. You can also select a date that is convenient for yourself throughout the month.
Other ways to pay include bank transfer or cash payment in the bank, however, you must remember to make your payment or you may end up with extra fees to pay.
Do I need a bank account?
You do need a UK bank account to be eligible to apply for a loan with Lloyds Bank, but this does not need to be with the bank themself.
To be eligible to apply for a loan you must fit the following criteria:
Age
The minimum age to be eligible to apply is 18 years of age.
Address information
Upon applying for your loan you will be asked for your address information over the past 3 years. These will need to be UK addresses.
If you are already a Lloyds Bank customer then you may not be required to provide this information, as they will already have it on their system.
ID and Income
You will be required to provide information on your monthly income and also your outgoings. This is so Lloyds can perform an affordability assessment to ensure that by lending you money, they will not be putting you into any financial difficulty.
In your monthly outgoings section, you will need to provide them with information on things such as credit card payments you may already have, grocery bills, mortgage or rent and any other household bills you may have.
.
Penalties
If you miss payments on your loan then there is a chance you could be charged a late payment fee or even receive a bank charge for a bounced direct debit.
Always speak to Lloyds if you feel that you could be entering a period of financial difficulty. By speaking to them and being honest about your situation, they may be able to help you and offer you a solution.
If you continue to miss payments, your credit score could be affected, meaning that you may not be able to obtain any more credit in the future.
Reviews
Sadly on TrustPilot, Lloyds do not have a very good rating. They only have 1.5 stars out of 5 and 90% of these are rated as bad, leaving only 6% as excellent.
This actually seems to be the case with most of the UK major banks because they cover so many services and the reviews on Trustpilot could be about any of the services and not directed at one particular part of the business.
However, it doesn’t mean that Lloyds is a bad company to take out a loan with. They have clearly obtained such a creditable reputation from somewhere.
Their reviews are about their services in general and not just about the loans that they offer. In fact, most of the reviews seem to complain about the life insurance they offer, which is a totally different service to the Loans.