TSB 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:
SC095237
Company Name:
TSB BANK PLC
Date firm started up business:
24 September 1985
Type of Business:
64191 – Banks
Loan value range:
1000 pounds to 25,000 pounds
Loan term length:
1 year to 7 years
Previous Business Names:
LLOYDS TSB SCOTLAND PLC
28 Jun 1999 – 09 Sep 2013
TSB BANK SCOTLAND PLC
01 Nov 1989 – 28 Jun 1999
TSB SCOTLAND PUBLIC LIMITED COMPANY
17 Jul 1986 – 01 Nov 1989
TRUSTEE SAVINGS BANK PUBLIC LIMITED COMPANY
27 Nov 1985 – 17 Jul 1986
LYCIDAS (111) LIMITED
24 Sep 1985 – 27 Nov 1985
Payout Time:
Payout time for your loan varies completely – depending on how long you have been a TSB Bank customer and whether or not you have online banking with them.
If you apply for your loan before 18:00 and you have held your current account with TSB for more than 3 months then the money should be in your bank that very same day!
If you apply after 18:00 then it will be the next day, unless the next day is a Sunday or bank holiday, then it will be the next working day.
TSB Review
TSB Bank offers a range of longer-term loans to suit all kinds of needs. They are not a payday loan company and so offer you more time to pay back your loan, ultimately meaning you can relax a little more than if you were to take a loan with a payday company, where it would need to be repaid within the month (normally).
They have been offering loans to their customers since 1985 when they first opened their business under the name of LYCIDAS (111) LIMITED. Since they opened the company, TSB have traded under 5 business names! The most recent and most well known was LLOYDS TSB until the two banks split in 2013 and they became just TSB.
Their main head office is located in Edingbrough in Scotland, although they have branches all over the United Kingdom, except Northern Ireland. They in fact, have a total of 631 branches spread all over England, Scotland and Wales and opened new branches after their new launch to TSB in 2013.
Their personal loans are tailored to suit each applicant based on their own personal needs. No loan is the same and the interest rates will vary completely depending on the term you choose and the amount you decide to borrow.
You may also be offered a lower or higher rate of interest if you have a better or worse credit rating.
How the company works:
TSB operates similar to a bank and applying for a loan is simple. There are a number of ways in which you can apply, including over the telephone, in branch or online using their easy application system.
After completing the application form, if you are accepted and apply before 6 pm the funds will be in your bank the very same day. After 6 pm then it will be the next working day.
You will not usually need to submit any extra information as you will need to have been a TSB customer for at least 3 months, meaning they will already have all of your information on the account.
What is the meaning of TSB?
Repayment method:
Repayment of your loan from TSB is done by monthly direct debit from your current account. If you need this to be from another account then they can arrange this if you contact them.
Do I need a bank account?
You will need to have been a TSB current account holder for a minimum of 3 months to be eligible to apply for any kind of loan with them.
To be eligible to apply for a loan you must fit the following criteria:
Age
You will need to be a minimum of 18 years old to be able to apply.
Address information
You must also be a resident within the United Kingdom and hold a valid UK address.
ID and Income
Personal loans with TSB are only available to TSB customers who are employed or currently receiving a pension. Unfortunately, if you are unemployed, even if you are in receipt of benefits, you can not apply.
Penalties
If your loan payment bounces then you may be charged a fee for a missed direct debit payment. TSB will try again to make the payment on another day. If this bounces again your account could be referred to a debt collection agency and you may receive a bad mark on your account, potentially preventing you from applying for any more credit in the future.
If at any point during your loan period you feel you may be getting into difficulty with your finances, it is always recommended that you contact them and explain your situation.
The bank may have a solution and may be able to arrange an alternative payment plan until your finances are back on track.
Reviews
Overall TSB don’t have the best review rating on Trustpilot. Their overall star rating is 1.5 stars over 5. Only 6% of the reviews are rated as excellent with 86% rated as bad!
Customers complain about a number of different issues from technical issues with SMS services to customer service issues in the bank’s branches.
In fact, quite a few of the customers mention that their online banking system is constantly crashing, affecting payments and other things.
From the customers who have left 5-star reviews, they say that they have received nothing but excellent services from TSB.
The reviews on TrustPilot, however, are about the bank as a whole and not the personal loan section.
Just because the banking and customer service side of TSB has received bad reviews, it doesn’t mean that their loans are the same.