Check your eligibility without affecting your credit score. Quick decisions and flexible repayments

Up to £25,000 for all Credit Scores! ASDA Money Personal Loan

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Need a financial boost? Get a flexible personal loan from £1,000 to £25,000, with repayment terms from 1 to 7 years
Check Your Eligibility
You will remain in the same website.
Need a financial boost? Get a flexible personal loan from £1,000 to £25,000, with repayment terms from 1 to 7 years
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Check Your Eligibility
You will remain in the same website.
Discover the advantages of choosing an ASDA Money Personal Loan:
No credit score impact
Loans up to £25,000​
Quick online decisions
Flexible repayment terms
Check Your Eligibility
You will remain in the same website.

Advantages and Disadvantages of the ASDA Money Personal Loan

Pros:

  • No impact on credit score: You can check your eligibility without affecting your credit score, allowing you to explore loan options confidently.
  • High loan amounts: Borrow between £1,000 and £25,000, accommodating various financial needs.
  • Quick decisions: The online application process provides swift decisions, ensuring timely access to funds.​
  • Flexible repayment terms: Choose repayment periods ranging from 1 to 7 years, tailoring the loan to your financial situation.
  • No collateral required: As unsecured loans, there’s no need to put your assets at risk.​

Cons:

  • Interest rates: Depending on your credit profile, interest rates may be higher compared to secured loans.​
  • Fixed borrowing amount: Once the loan is taken, you cannot increase the borrowed amount without applying for a new loan.

FAQ

A personal loan is an unsecured loan that allows you to borrow a fixed amount of money from a lender over an agreed term. You typically repay the amount borrowed, plus interest, in fixed monthly instalments.

ASDA Money offers personal loans ranging from £1,000 to £25,000, with repayment periods between 1 and 7 years.

No, checking your eligibility with ASDA Money uses a soft search, which doesn't impact your credit score.

Yes, when arranging the loan, you can select a monthly repayment date that suits you.​

After approval, funds can be available within hours, depending on the lender's processes.

Check out another tip for an excellent Personal Loan

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