£10,000 - £20,000 loans

Borrowing £10,000 - £20,000 with Norton Finance

With over 40 years of experience, we source the very best personal loan plans for individuals seeking to borrow £10,000 - £20,000. Applying for a loan is quick and easy; all you have to do is provide some details regarding your personal and financial circumstances.

Even if you’re looking for a £20,000 personal loan, bad credit isn’t a deal-breaker. Whether you’re renovating your home or consolidating other debts into one convenient payment, this amount of money can go a long way. Our team is more than happy to discuss your financial situation to help you manage your money more effectively.

Once you know how much you need to borrow, you’ll need to consider if you want a secured or unsecured loan.

Secured loans are set against something of value, such as your property. Should you not follow the terms of your loan agreement, the lender can take ownership of the property.

An unsecured loan, on the other hand, is exactly how it sounds. It is a personal loan that isn’t based on or protected by an asset. However, as the lender doesn’t offer any collateral, they will take your credit report into consideration to see if you are a trusted borrower.

There are both positives and negatives to both unsecured and secured loans, depending on your current situation. We’re happy to talk you through each process, so you can feel confident in making your decision.

Your £10,000 - £20,000 loan repayment plan

It’s important to understand exactly how much you’ll have to pay back and when, so you can plan ahead and keep on top of repayments. Our convenient loan calculator can provide you with an estimation before you apply.

The Norton Finance loan calculator gives you useful insight into the amount you’ll repay. For example, if you borrowed £10,000 at an interest rate of 4.9% over five years, you would pay back £187.74 a month. Using the loan calculator is a great initial indicator of what you can expect to repay, although the final number will also depend on your personal circumstances.

What do I need to apply for a personal loan?

Our process is quick and easy to complete, so you can start your application for a personal loan of up to £20,000 today. We help people from all walks of life, even if you’re self-employed, have bad credit or retired. To start your application, you’ll need to provide the following:

• Name and address
• Employment status
• Details of your income

To help your application along, we may inquire about your current debts and financial situation, so we can find you a suitable loan product. A member of our team will get in touch should we require more information.

£10,000 - £20,000 Loan FAQs

Please click below for the answers to our most commonly asked questions. If you can't find the information you need, call us free on 0800 694 5566 and one of our advisers will be happy to help.

Can I borrow £20,000 with bad credit?

Yes, it is possible to borrow £20,000 with bad credit. We’ll do our best to put you in touch with a range of lenders, to find a repayment package that works for your circumstances.

How much can I borrow?

Outside of our £10,000 - £20,000 personal loans, you can borrow between £3,000 and £500,000 from Norton Finance.

How long are the repayment terms?

We’re here to help, which is why our terms are so flexible. For secured loans, choose any time period between one to 30 years, stretching out your repayments for as long as you need to. Maximum ten years for unsecured loans.

What are the interest rates?

The interest rate on your £10,000 personal loan is largely based on your financial and personal circumstances. We source homeowner loans with rates as low as 2.9%.

How long will it take?

If you are accepted, please allow one to two weeks for your application to process and for the chosen amount to arrive in your bank account.

Are there any loan fees?

We are a broker, not a bank - we receive a commission from the lender once the loan has been completed. We may charge a broker fee of up to 12.5% of the loan amount borrowed, capped at £3,995. We do not charge broker fees on unsecured loans.

Can I pay off a loan early?

It is possible to pay off your loan early. However, you may incur an Early Repayment Fee, which is calculated based on how much of the agreed interest won’t be paid.

What happens if I miss a payment?

In the event that you have missed, or will miss, a repayment on your loan, it’s important to contact your lender as soon as possible. They can help you get back on track with your repayments and provide details of free independent debt advice, should the reason for your missed payment be more long term.