Calculate the cost of a Shawbrook personal loan
How do Shawbrook loans compare against the competition?
Please 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.
What is Shawbrook Bank?
Established in 2011, Shawbrook Bank is a specialist bank offering an alternative to traditional high-street lenders, working directly with both consumers and through a broker network.
Although a young company, it describes itself as offering “the old-fashioned quality of good sense”, combined with a focus on providing a personalised service to customers. Shawbrook Bank offers personal loans between £1,000.00 to £50,000.00, guaranteeing fixed rates and fixed monthly repayments over the term of the loan. What sets it apart from other lenders is the case-by-case approach to rates, amounts and terms – Shawbrook Bank says it looks at every customer individually.
Shawbrook offers both secured and unsecured personal loans, so whether you’re consolidating debt, improving your home, upgrading your car, or planning some other major expenditure, a personal loan from Shawbrook Bank could be an option.
Am I eligible for a Shawbrook Bank personal loan?
You should only apply for a Shawbrook Bank loan if you are certain you can meet the repayment schedule, and you meet the following criteria:
- You must have been a UK resident for at least 3 years.
- You must be aged between 21-75.
- You must have an annual income of at least £15000.00 Per Annum.
- You must have a UK based personal bank account.
How do I apply?
If you think that a Shawbrook Bank personal loan is the right choice for you, there are four simple steps to the online application process.
- Apply for a personalised quotation at www.shawbrook.co.uk. Shawbrook Bank will then ask you to provide more information, such as your bank account details and your residential address for the last three years.
- You will need to accept the quotation and agree to a full credit search to proceed with the application.
- If the credit search is satisfactory, Shawbrook Bank will send you an e-signature pack, with loan documents for you to review and sign.
- Once you return your signed documents, the money will be in your account within 3 working days.
Shawbrook Bank customer reviews
Online customer reviews are for Shawbrook as a Bank, but include its loans service. On Trustpilot, Shawbrook Bank has 4.7 out of 5 stars and a rating of “excellent”, based on more than 8,000 reviews. Things are a little better on similar review platform Feefo, where the bank has 4.9 out of 5 stars, based on more than 110 reviews over the last year (updated June 2023).
Customer support
For new customers, you can call Shawbrook on 0345 600 6260. Lines are open Mon – Fri 9am – 7pm, Sat 10am – 2pm and closed on Sunday. For existing customers, you can contact customer support on 0345 650 6290 where lines are open Mon – Thurs 8am – 8pm, Fri 8am – 6pm, Sat 9am – 2pm and closed on Sunday.
Some typical questions about Shawbrook Bank personal loans
More guides on Finder
-
4 ways to streamline your international business payments with WorldFirst
As more businesses plan to go global, find out how WorldFirst’s multi-currency account could benefit your operations. Paid content.
-
eToro vs XTB
XTB and eToro are cheap investment platforms with a lot to offer. We compare the features, fees, account types and more – side by side in eToro vs XTB.
-
Payday loans guides & resources
Browse our collection of payday loan guides, designed to answer all of your short term loan questions and help you find the right payday loan.
-
Best side hustle ideas for teens
We’ve compiled a list of side hustle ideas, so you can give your teenager a nudge in the right direction next time they come to you asking for money.
-
Euro business accounts
Find out how euro business accounts work and who they might suit.
-
Can you have more than one business bank account?
We explain the benefits of opening multiple business bank accounts and what to watch out for.
-
Freetrade vs Hargreaves Lansdown (HL)
Freetrade and Hargreaves Lansdown are both investment platforms with a lot to offer. We compare their features, fees, account types and more – side by side in Freetrade vs HL.
-
Bestinvest vs Hargreaves Lansdown (HL)
Bestinvest and Hargreaves Lansdown (HL) are both investment platforms with a lot to offer. We compare their features, fees, account types and more – side by side in Bestinvest vs Hargreaves Lansdown.
-
Moneybox vs Hargreaves Lansdown (HL)
Hargreaves Lansdown and Moneybox are both investment platforms with a lot to offer. We compare their features, fees, account types and more – side by side in Moneybox vs Hargreaves Lansdown (HL).
-
Moneyfarm vs Hargreaves Lansdown (HL)
Hargreaves Lansdown and Moneyfarm are both investment platforms with a lot to offer. We compare their features, fees, account types and more – side by side in Moneyfarm vs Hargreaves Lansdown (HL).