Borrow £1,000–£35,000 over 1–7 years. Competitive rates for existing customers. Quick approval process.
Virgin Money Loans: Borrow £1,000–£35,000, repay over 1–7 years
As a valued Virgin Money customer, you can access personal loans ranging from £1,000 to £35,000, with repayment terms spanning 1 to 7 years. Enjoy competitive rates and a swift approval process, tailored to meet your financial needs.
Check Your Eligibility
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As a valued Virgin Money customer, you can access personal loans ranging from £1,000 to £35,000, with repayment terms spanning 1 to 7 years. Enjoy competitive rates and a swift approval process, tailored to meet your financial needs.
Check Your Eligibility
You will remain in the same website.
Discover the key advantages of our personal loans:
Borrow £1,000–£35,000
Repay over 1–7 years
Competitive rates
Quick approval process
Check Your Eligibility
You will remain in the same website.
Advantages and Disadvantages of the Virgin Money Existing Customer Personal Loan
Pros:
- Flexible loan amounts: Borrow between £1,000 and £35,000, catering to various financial needs.
- Variable repayment terms: Choose a repayment period from 1 to 7 years, allowing for manageable monthly payments.
- Competitive interest rates: Benefit from attractive rates exclusive to existing customers.
- Swift approval process: Enjoy a quick and straightforward application process, with funds available promptly upon approval.
Cons:
- Existing customers only: This loan is exclusive to current Virgin Money customers, limiting accessibility for new clients.
- Credit check required: Approval is subject to a credit assessment, which may affect your credit score.
FAQ
A personal loan is great for handling big expenses like home renovations, car repairs, or consolidating debts. Fancy a dream holiday? That works too. Just don’t try using it for gambling, stocks, or anything that might make your bank raise an eyebrow.
Not necessarily! While lenders do check your credit history, Virgin Money offers loans exclusively for existing customers, meaning they already know a bit about your financial behaviour. A solid track record helps, but don’t assume a few past hiccups will ruin your chances.
Speed matters! If your application is approved, funds are typically transferred within 24 hours. Of course, if you apply at 11:59 pm on a Friday, don’t expect the cash to magically appear before your Saturday brunch.
Yes, and it could save you money! Virgin Money allows early repayments, meaning you can settle your loan ahead of time and cut down on interest. Just double-check the terms to see if any early repayment charges apply.
A soft check at the start won’t affect your score, but if you go ahead with a full application, a hard check will be recorded. If you make all repayments on time, though, your credit score might actually improve—like getting gold stars for adulting.
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