Loan Eligibility Calculator

Our loan eligibility calculator gives you a personalised rate. It shows you how much your monthly payments could be and with no effect on your credit score.

Want to see your rate before you apply?

Use our eligibility checker to get a quote, without impacting your credit score.

  • Find out whether we can pre-approve you for a loan.
  • Get a personalised interest rate, which won't change if you apply.
  • See a breakdown of what you'll need to repay. 

Check now

What do we need to know about you? To help us get to know you a bit better, here's a few things we'll need from you: your personal and contact details, details about your money coming in and going out and your employment details. Don't worry, as long as nothing's changed, there's no need to type these details again if you go on to apply.

View an example of an MBNA personal loan agreement (PDF 212kb)

The decision to lend and the rate offered will depend on your personal situation. Loans are available to UK residents aged 18 or over.

 

You can apply for a loan if:
 

  • You are age 18 or over.
  • You’re a UK resident (except for the Channel Islands and Isle of Man).
  • You’re not in full-time education. 
  • You’re in paid employment or have a regular income.
  • You’ve not been declined for credit in the last month.
  • You don’t have a history of bad credit.
  • You are not applying for any of these reasonsLoans won't be provided for speculative purchases (bet, investments and share purchases), any illegal purposes, business-related purposes, purchase/lease of land or property, either full or part purchase (including deposit), timeshares/holiday clubs. 


The amount of lending and the interest rate offered to you, depends on an assessment of your personal circumstances.

Check your eligibility

MBNA personal loans are provided exclusively by Lloyds Bank plc. MBNA Limited act as a credit broker and not the lender.

Information needed if applying

If you get an offer and decide to apply for a loan today, you'll also need your UK current account details.

We might also ask you to confirm your identity. For this, you'll need a smartphone or tablet to take a selfie. You’ll also need to take a photo of your UK passport or driving licence.

How it works

  • Use our eligibility checker to answer a few questions and see if you are pre-approved and your personalised rate - with no effect on your credit score.
  • If you go on to apply, and nothing's changed, the answers you gave are brought forward to your application. So, there's no need to re-type them. 
  • Apply securely online to get a decision.

What do we need to know about you? To help us get to know you better, here's a few things we'll need from you: your personal and contact details, details about your money coming in and going out and your employment details. Don't worry, as long as nothing's changed, there's no need to type these details again if you go on to apply.

  • If you’re approved, you should have the money in your account within 2 hours. Sometimes it may take a bit longer, but no more than three working days.
  • Apply for up to two 1-month repayment holidays within any 12-month span. We'll still charge interest for the months you don’t make repayments. You’ll pay more interest overall and the loan term will increase.
  • Pay off your loan early if you want. We'll charge up to 58 days' interest.

 

 

Check your eligibility

Loans FAQs

  • When you apply, there are several factors we take into account when we work out your personalised loan rate (APR). These include:

    • your credit repayment history
    • your past account history
    • how much you want to borrow
    • how long you want to repay the loan over
    • other personal details held on our records.

  • Our eligibility checker is an online tool you can use to tell us about you and your circumstances. By answering a few questions, you can:

    • find out if you're eligible to apply for a loan.
    • if pre-approved, get a personalised rate.
    • relax - as long as nothing's changed, you don't need to re-type any of the details you've already given us.

    All of this, before you apply and with no effect on your credit score.