CompareFairlyBest Personal Loans UK 2026
Our pick : M&S Bank (100/100) · Cheapest : M&S Bank · Best value : M&S Bank
In short
This comparison covers 4 personal loans across 10 criteria: Representative APR, Monthly Payment, Loan Amount, Loan Term, Loan Purpose Flexibility, Lender Reviews. M&S Bank comes first with 100/100, driven by Monthly Payment (100/100) and Representative APR (100/100). The cheapest option is M&S Bank.
Comparison table
| Criterion | M&S Bank | Tesco Bank (with a Clubcard) | Santander Personal Loans | Novuna Personal Finance |
|---|---|---|---|---|
| Representative APR (%) | 6.9 | 7.0 | 7.5 | 7.6 |
| Monthly Payment (GBP) | 153.68 | 153.89 | 154.97 | 155.18 |
| Loan Amount (GBP) | 5000 | 5000 | 5000 | 5000 |
| Loan Term (mois) | 36 | 36 | 36 | 36 |
| Loan Purpose Flexibility (none) | — | — | Various personal needs | — |
| Lender Reviews (etoiles) | — | — | 3.9 | — |
| Origination Fee (GBP) | — | — | 0 | — |
| Eligibility Criteria (none) | — | — | UK resident, 18+, good credit history | — |
| Customer Support (none) | — | — | Branch, phone, online | — |
Frequently asked questions
What are the best personal loans in the UK for 2026?
Our comparison ranks M&S Bank as the top personal loan provider in the UK for 2026, followed closely by Tesco Bank (with a Clubcard).
How do you compare personal loans in the UK?
We evaluate personal loans based on key factors like Representative APR, Monthly Payment, Loan Amount, Loan Term, Loan Purpose Flexibility, and Lender Reviews to provide a comprehensive overview.
Is your personal loan ranking in the UK paid for?
No, our ranking is completely neutral and not influenced by any payments from lenders; each data point is independently sourced.
Where can I find good personal loan deals in the UK right now?
Based on our current analysis, M&S Bank and Tesco Bank (with a Clubcard) are offering highly competitive personal loan deals in the UK.
Methodology and transparency
Ranking: options are sorted on measured, sourced criteria. No position is ever sold, and no advertiser pays to appear here.
Scope: this comparison is not exhaustive. It presents the options our sources document, not every offer on the market.
Earnings: some outbound links may be affiliate links that earn us a commission. This never affects the ranking, the scores or the data.
Data: every value is linked to its source and refreshed automatically; the collection date is shown.