Top up an existing loan-you could ensure you get your top-up straightaway.

Top up an existing loan-you could ensure you get your top-up straightaway.

Require just a little additional?

For those who have a Barclayloan but desire more cash, you can top it or get another loan.

Susceptible to application, economic circumstances and borrowing history

Visit your brand brand new price

We’re dissimilar to almost every other loan providers – quite often we’ll provide you with a price that is personalised in advance. You’ll see the rate that is top-up actually get, while the quote won’t impact your credit history.

Cash straightaway

You can get your top-up straightaway, since long as you

  • Apply on line or perhaps in your application along with your application is authorized
  • Indication your agreement online or in your application between 7am and 10.30pm

Fixed monthly repayments

Your repayments will soon be fixed, and you may select your re payment date, that will help you budget and remain along with your top-up loan.

Top up overview Top up overview

Top up your Barclayloan

Topping your Barclayloan could possibly be an option that is good you need to borrow additional money.

If you are registered for Online Banking or perhaps the Barclays software and you also currently have a loan you could top it up online up to ?50,000 with us. The total amount is determined by your status that is current and at the mercy of application. Topping up gives you the money you will need – whether it is for the car that is new renovations or consolidating existing debts.

Just exactly How topping up works

Once you top up financing, we don’t really include cash to it. Rather, we arranged a brand new loan for the rest of the stability as well as the additional quantity you wish to borrow.

For instance, if your overall loan is ?5,000 and also you would you like to borrow an additional ?2,000, we’ll start a new loan for ?7,000 and pay back the initial loan, causing you to be because of the amount that is remaining. Early payment fees apply from the very first loan.

The loan that is new have another type of interest rate from your initial loan, therefore the term may be various, too. This could mean that you’d spend more interest than you did prior to.

You might sign up for a extra loan

There might be occasions when you don’t like to top up a current loan. This might be as you took your present loan for a particular explanation and desire to keep consitently the repayments separate. In this situation, you might start thinking about taking out fully A barclayloan that is second and 2 split repayments.

Why top your Barclayloan?

You might borrow as much as ?50,000, dependent on your position. This quantity includes your current loan. Always check now to see when you have a provisional loan limitation in on line Banking or the Barclays application 1.

One fixed, month-to-month payment that will help you budget

Loans are around for payment terms all the way to 5 years, or as much as 10 years on specific quantities, for chosen, current clients.

Repaying your loan early

It is possible to repay your loan early, to some extent or in complete, if you like. You a fee of 30 days’ interest on the amount you’re repaying, as well as any other interest that’s due if you repay in full, we’ll charge. We’ll compute this utilizing the quantity you borrowed from.

Perhaps you are qualified to top your Barclayloan online if you:

? Have a existing barclayloan (for a lot more than three months)

? Pay at least ?1,000 into your Barclays account that is current thirty days

? Have handled your account well and possess a beneficial credit rating – eg, you’ve perhaps not defaulted on a loan that is previous

You can make use of your loan for nearly such a thing, aside from:

  • Company reasons
  • Assets, including buying shares and stocks
  • Timeshares
  • Buying property (house improvements are fine)
  • Gambling-related expenses
  • Repaying CCJs (county court judgments)
  • A purchase made by combining this loan with any other people

Our financing commitments and everything we ask of you Our commitments that are lending

As being a loan provider, we now have a duty to behave fairly so when element of this we now have dedicated to stick to the guidelines of Lending Practice. This note sets down a number of our key responsibilities and that which we ask of you, to ensure the connection is effective both for of us.

  • We will lend responsibly and seek to provide an item this is certainly affordable for you.
  • We shall offer details about our products and just how it works, in an obvious and understandable means, therefore as you are able to decide what’s perfect for both you and your requirements.
  • We shall endeavour to be sure our items and services offer, wherever possible, the flexibleness to generally meet your preferences.
  • We shall treat you fairly and fairly all of the time while making sure you may be given a level that is high of.
  • If you reveal about any inaccuracies, for instance all over private information we hold in regards to you, we are going to work quickly to place it appropriate.
  • We’re going to constantly try to allow you to that you are having trouble financially if we see, or you tell us. We are going to look for to know your general circumstances, try to determine options that one can manage and where appropriate, give a mention of the free debt advice.

That which we ask of your

  • We request you to be cautious about you want to borrow and to be open in your dealings with us whether you can afford to repay the money.
  • Look after any cards, PINs, online details that are log-in other safety information to greatly help avoid fraud which help us to guard your records.
  • Inform us as quickly as possible in the event your card happens to be lost or taken, or you understand or suspect some body is misusing your information that is confidential e.g. Your PIN or online details that are log-in.
  • Very Very Carefully always check your account statements to be sure they’ve been accurate. If any such thing is not right, please make contact with us.

Please tell us if

  • Your contact information modification, so we will keep our documents as much as date.
  • Your circumstances alter, especially if what’s happened probably will cause you difficulties in managing your bank account or problems that are financial.
  • You would imagine which you won’t manage to carry on with together with your repayments. The earlier you are doing this, a lot more likely its we’ll have the ability to look for a real means to assist you.

We’d additionally encourage one to relate to the conditions and terms connected with your overall account, charge card or loan that is personal.