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Borrowing more

Thinking about borrowing a little extra?

Representative 3.4% APR

Topping up a personal loan

  • Topping up your Ulster Bank loan could be a good option if you're thinking about borrowing more money.
  • When you top up a loan, we don't actually add money to your existing loan. We use the new amount you've borrowed to pay off your existing loan and open a new loan.
  • You also have the option to open a second loan with us instead and run the two side by side.

Remember, if you decide to borrow over a longer term, this could mean that you'll pay more interest overall.

How to borrow more

When you apply for a new loan, we'll ask if you want to keep or close your old loan during the application process .You can choose from the two options detailed below.

Option 1 - Replace your existing loan with a new loan for a larger amount

How does this work?

Apply for the total amount of money you need to pay off your existing loan plus any additional funds you require.

Things to remember

  • Your new loan will be used to pay off and close down your existing loan. The remaining balance will be given to you.
  • There will be an early repayment charge to pay off your existing loan early.
  • Your new loan will be paid at a new interest rate.
  • You can only pay off a loan if it has more than one repayment left to be made.

Option 2 - Open a new loan and run them side-by-side

How does this work?

Start an application and apply for the loan amount you need. Your old loan will remain open and continue to be repaid at its current interest rate. 

Things to remember

  • Your existing loan will remain as it is.
  • Your new loan will be paid at the agreed interest rate.
  • Closing a loan early would incur an early repayment charge, you'll avoid this by keeping your loan open.

Loan repayment terms

This is the length of time you can take a loan over, depending on the amount you're borrowing and what it will be used for.
Remember, the maximum borrowing amount for a joint loan is £35,000.

Loan calculator

Home improvement loans are available over an extended term, up to 10 years.

How much would you like to borrow?

Representative 50  APR

The Representative APR changes based on the amount you borrow. You can borrow more than £7,500 over a period of up to 8 years.

Representative 50  APR

The Representative APR changes based on the amount you borrow.

How long would you like to repay?

20 Months

Representative Example

Borrowing

£7,500

Over

0 months

Monthly Repayment

£137.55

Total Repayment

£8,253.00

Representative

3.9

% APR

(Annual Percentage Rate)
Interest rate

3.9

% p.a

(Fixed)

The rate you pay depends on your circumstances and loan amount and may differ from the Representative APR. We will never offer you a rate exceeding 29.9% p.a. (fixed), regardless of loan size. This means you're not guaranteed to get the rate you see in the calculator. 

The rate you pay depends on your circumstances and loan amount and may differ from the Representative APR. We will never offer you a rate exceeding 29.9% p.a. (fixed), regardless of loan size. This means you're not guaranteed to get the rate you see in the calculator. 

Applying for a personal loan

How to apply online

Get a personalised quote

If you're applying for a sole loan, in most cases at the start of your application we'll give you a personalised quote. The quote will confirm your loan amount and interest rate with no impact on your credit score.

Apply online in minutes

It takes around 10 minutes to apply online. We'll ask you to log in to Anytime Banking so have your log in details handy. This means we can pre-fill some of your application, making it easier for you.

Same day funds

You could get your loan funds on the same day if you apply online, are unconditionally accepted and sign your loan documents before 5.45pm Mon-Fri (excludes Bank Holidays). Sometimes we need to contact you for more information, so it can take a little longer.

Let's get ready to apply

Before you apply, we need to check you're happy with a few things.

First, you can apply online if you:

  • are 18+ and a UK resident with an Ulster Bank current account (held for 3+ months)
  • have not been declared bankrupt in the last 6 years
  • have not applied for a personal loan with us within the last 28 days

Now please read a few other important things:

Ready to apply?

Do you have Ulster Anytime Banking?
If you know your Anytime Banking details we can pre-fill some of your information - making the application process faster.
Are you applying on your own?

Great, let's get started

Just a heads up - you'll need your Anytime Banking login details at the next step.

Great, let's get started

You're about to start your application so just a heads up:

  • to apply for a joint loan both applicants must:
    - be 18+ and a UK resident
    - have not applied for a loan with us in the last 28 days or been declared bankrupt in the last 6 years
    and either: 
    - both hold a sole Ulster Bank current account (held for 3+months)
    or       
    - share a joint Ulster Bank current account (Held for 3+ months)        
  • we'll run a full credit check to tell you if you're accepted for a joint loan
  • you'll need your Anytime Banking log in details handy

Let's get you signed up for Anytime Banking

You’ll need to sign up for Anytime Banking with us in order to apply for a loan. The good news is that it normally takes only 5 minutes and all you’ll need is your sort code, account number and your Ulster Bank Debit Card, if you have one.

Once you've registered, select 'next' to log in and apply for a loan.

Are you applying on your own?

Great, let's get started

Just a heads up - you'll need your Anytime Banking log in details at the next step.

Great, let's get started

You're about to start your application so just a heads up:

  • to apply for a joint loan both applicants must:
    - be 18+ and a UK resident
    - have not applied for a loan with us in the last 28 days or been declared bankrupt in the last 6 years
    and either: 
    - both hold a sole Ulster Bank current account (held for 3+months)
    or       
    - share a joint Ulster Bank current account (Held for 3+ months)
  • we'll run a full credit check to tell you if you're accepted for a joint loan
  • you'll need your Anytime Banking log in details handy