To make comparing even easier we came up with the Finder Score. Speed, features and flexibility across 60+ lenders are all weighted and scaled to produce a score out of 10. The higher the score the better the lender – simple.
Read the full methodologyTo make comparing even easier we came up with the Finder Score. Speed, features and flexibility across 60+ lenders are all weighted and scaled to produce a score out of 10. The higher the score the better the lender – simple.
Read the full methodologyPlease note: You should always refer to your loan agreement for exact repayment amounts as they may vary from our results.
Late repayments can cause you serious money problems. See our debt help guides.
It’s important to note that the rate you are ultimately offered by Admiral can depend on factors like your credit rating, income and expenditure. It may differ from the advertised “Representative APR”, because each loan application is assessed on an individual basis.
12.9% APR representative (Fixed)
Maximum loan
£40,000
Product fee
N/A
Early redemption fee
Yes
The Admiral Personal Loan charges 12.9% APR representative on loans between £1,000 and £40,000. Admiral offers the loan with repayment terms between 1 and 8 years, and applicants can apply to borrow from £1,000 to £40,000.
Admiral is a UK-based insurance company, established in 1993 and specialising in car insurance. Having introduced innovative and popular products such as multi-car insurance to the UK market, Admiral also began offering personal loans in 2017.
Personal loans from Admiral are based on your individual circumstances, repayable over terms from one to five years and available in amounts up to £25,000. You can usually get an immediate decision when you apply online, and there are no “set up” or “arrangement” fees.
| Loan amounts | From £1,000 to £40,000 |
|---|---|
| Loan terms | From 1 year to 8 years |
| Age eligibility | 18 years and over |
| Application fee | No application fee |
| Repayment holiday | Repayment holiday not permitted |
Admiral offers “unsecured” personal loans, which means that loan approval is based on individual creditworthiness rather than being secured on an asset such as a property. They have a fixed rate, which means that the amount you have to pay each month won’t change. Here’s a quick rundown:
| Loan type | Unsecured Personal Loan |
|---|---|
| Loan amounts | £1,000.00 to £40,000.00 |
| Loan terms | 1 year to 8 years |
| Loan rate type | Fixed |
| Product fee | 0% |
| Same-day funding available | |
| Instant decisions in most cases | |
| Soft-search facility available | |
| Joint applications | |
| Overpay without penalty | |
| Concurrent loans allowed | |
| Topping-up pays off existing loan and initiates a new loan | |
| Repayment methods | Direct Debit |
You should only apply for an Admiral loan if you meet the following criteria:
Unfortunately, you won’t be eligible for an Admiral personal loan if you:
Admiral typically offers loans to applicants with high credit scores. It's important to note that your credit record is just one factor that Admiral considers. However, if you don't have a high credit score, you're very unlikely to get approved for an Admiral loan.
A "Good" or "Excellent" credit rating would require a score of 881 or higher if you're referring to Experian's scale, 531 or higher if you're referring to Equifax's scale and 604 or higher if you're referring to TransUnion's scale.
No. Currently, decisions aren't instant. However, you can use the soft-search eligibility checker to instantly find out your chances of getting approved. (This won't affect your credit score.)
Yes, Admiral allows you to have more than one loan running at the same time. Each application for credit will be considered on its own merit. Alternatively, Admiral also allows you to effectively "top up" your loan by closing your current loan and starting a new, larger loan. There's no penalty for repaying ahead of time, but bear in mind that any overpayments may be subject to up to 2 months of interest beyond the date on which you overpay. Because of this, it may work out cheaper to run a second loan alongside the first, rather than consolidating the 2.
Yes, you can make overpayments without incurring any penalty fee. However, Admiral can continue to charge interest for up to 2 months on any sums overpaid. So, although making overpayments stands to save you money in interest, you may not save quite as much as you'd imagined.
First, you can use this eligibility checker to find out if you'd be likely to get approved for the Admiral Personal Loan. This won't impact your credit score.
There are six steps to the application process:
In our independent 2024 customer satisfaction survey, a whopping 100% of Admiral’s users said they’d recommend the brand to a friend. Many customers praised the customer service, but others highlighted a slow loan application process. Here’s what some of those Admiral customers had to say:
“It was a straight forward set up. I find it easy to keep track of how much I’ve got left to pay off and they provide a friendly service”
“Admiral offered a good amount of money to pay back within a reasonable time frame and lower interest rates than the other brands I had looked at”
Admiral has received positive reviews from customers overall, according to review platform Trustpilot. It currently has a rating of 4.4 out of 5, based on more than 1,300 reviews (updated January 2024).
All user-submitted reviews must meet our review guidelines. These set out our standards and expectations, including that the review is from by a genuine user of the relevant product or service and that it is honest, authentic and respectful. We explicitly prohibit fake or otherwise misleading reviews and we check all submissions, but we make no guarantee as to the authenticity of any published review or reviewer. Some reviews may be submitted (regardless of sentiment) in exchange for entry into any competition(s) for which we are the promoter.
The results of the Finder Customer Satisfaction Awards 2025 are in, and the winner of the personal loans category has been decided.
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