Virgin Money Personal Loan 2025, From £1,000 to £35,000, 6.9% Representative APR, Fast Online Approval and Same-Day Funding
Virgin Money personal loan offers fixed-rate borrowing from £1,000 to £35,000 at a 6.9% representative APR, with fast online decisions and same-day funding for UK borrowers
Why choose a Virgin Money personal loan
The Virgin Money personal loan is a solid option for UK borrowers who want predictable, fixed-rate borrowing from £1,000 to £35,000. With a representative APR of 6.9% and terms from 1 to 7 years, the product is straightforward for people planning home improvements, debt consolidation or larger one-off expenses.
Fixed monthly repayments and clear terms make budgeting easier, and the lender’s online tools and calculators help you estimate monthly costs before applying. The emphasis on quick online approval and same-day funding means it can be practical when time is of the essence.
Rates, amounts and quick funding
Virgin Money personal loan rates start at a representative 6.9% APR for many amounts, and the loan range of £1,000 to £35,000 covers small and medium borrowing needs. There are no application fees, though early redemption fees may apply if you repay the loan sooner than planned.
One of the biggest selling points is the speed: many customers report an instant online decision and same-day funding into a UK bank account. If you need a quick cash injection, the combination of low rates and fast funding makes this personal loan competitive in the UK market.
Eligibility and applying online
To apply for a Virgin Money personal loan you must be at least 18, a UK resident with a UK bank account, and usually an existing Virgin Money customer. A good credit history is typically required, so check your credit score from Experian, Equifax or TransUnion before you apply to improve your chances.
The online application is designed to be completed quickly—expect to provide addresses for the last three years, employment and income details, and information on monthly outgoings. A loan calculator on the Virgin Money site helps choose the right amount and term and shows monthly repayments before you commit.
Repayments, support and comparison
Repayments are taken by Direct Debit, giving certainty and convenience, and the fixed-rate structure means your monthly payment won’t change during the term. While Virgin Money allows joint applications to help with affordability, note there are no repayment holidays and early redemption can incur a fee.
Before committing, compare the Virgin Money personal loan with other UK lenders to ensure you get the best rate and terms for your situation. Read customer reviews and consider the streamlined online approval and same-day funding as strong advantages if you meet the eligibility criteria.