Personal Loans

Personal LoansBurnley Savings and Loans offers small personal loans for a wide range of products, all with affordable fixed monthly payment plans. Whether you’re thinking of booking that dream holiday, or upgrading your washing machine, apply today and we’ll help take the pressure off obtaining finance.

  • We offer unsecured loans of between £250.00 and £500.00 (documentation fees applicable, subject to loan value)
  • Borrow funds over a 12-month term
  • Pay us back monthly on a fixed date of your own choosing
  • Settle your loan early with no additional fees or charges

Representative Example

If you borrow £500.00 over a 12-month term, your monthly repayment will be £47.88. Interest rate 14.9% (fixed). Representative 43.1% APR. Documentation Fees £25.00. Total amount payable = £599.56. Total interest due £74.56.

To apply for a personal loan

At this moment, Burnley Savings and Loans can only consider personal loan applications from people living in the Lancashire area. Credit and interest rates are subject to status. You need to be 18 years old or above, in employment (working a minimum of 20 hours per week) and be able to attend a face-to-face appointment in our office in Burnley should your application be successful.

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Existing and Returning Customer

If you have previously had a personal loan with us, or are an existing customer and have regularly maintained your monthly repayments (minimum 6 consecutive monthly repayments made), you are eligible to reapply for a larger amount.

  • If you originally borrowed £500 you can apply for an advance of up to a total of £750, over an 18-month term.
  • If you have previously borrowed £750, you can apply for an advance of up to a total of £1000, over a 24-month term.

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