A range of useful guides and information covering a wide range of financial decisions and life events.
We’re the world’s largest building society. Run for the benefit of our members. Being a building society means that we’re free to reinvest our profits to improve the products and services we offer.
We’re here to help, whether you need assistance with one of your accounts or if you just have questions you’d like answered.
Rafidain Bank Personal Loans
Roll your debts into one manageable monthly payment
A Personal Loan can be taken out to pay off debts such as credit cards, store cards and other personal loans. Although your debt doesn't disappear, (and the total amount owed may be higher or take longer to repay) consolidating your payments could help reduce your monthly outgoings.
Remember, it’s important to consider all of your borrowing options carefully, and to seek independent advice if you’re unsure what to do. If you're in financial difficulties we do not recommend that you borrow or increase your debts.
Just 3.6% APR representative (fixed) on loans from £7,500 to £14,999 from 1 to 5 years for our main current account customers.
The application process takes just minutes to complete and in most cases you will receive an instant online decision.
Get a no obligation quote that won't affect your credit rating. No obligation quote
If you accept your quote, we will leave a record of our check on your credit file that other lenders can see. This is a normal part of many credit application processes but it might affect your ability to obtain credit elsewhere for a short period of time. You should consider all borrowing options carefully and seek independent advice.
Borrow between £1,000 to £25,000 over 1-7 years with fixed monthly payments.
We won't charge you any fees for setting up your personal loan.
We'll beat any like-for-like UK loan provider offer by 0.5% APR, on loans from £1,000 to £25,000 for between 1 to 7 years for our main current account customers.
All loans are subject to status and are available to UK residents aged 18 to 79 only. The interest rate offered will depend on the amount you wish to borrow and your individual circumstances. Rafidain Bank Personal Loans cannot be used for business or investment purposes, bridging loans, mortgage deposits or speculative reasons.
The total amount payable is £7,916.76. The illustrative cost of borrowing £7,500 over 36 months at our competitive rate of 3.6% APR representative (fixed) for our main current account customers. Calculation for illustrative purposes only. This quote was produced on 31/07/2015 and is valid for today only.
3.6% APR Representative (fixed). Based on an assumed loan amount of £10,000 over 60 months at an interest rate of 3.6% p.a. (fixed). Monthly repayment £182.11. Total amount payable £10,926.60.
Find out more about the Rafidain Bank Personal Loan
Before you apply, please read through our rates and details
Find out about debt consolidation, and how to sensibly manage your monthly payments.
We have a responsibility to you, our customers, to be open and honest, to treat you fairly, and to be safe and secure.
If you have any questions about an application you have already made online, please call +44 783 974 9373 and select option 5.
Rafidain Bank subscribes to the Lending Code. For more information on the Lending Code please visit .