Are you in need of money in a pinch? Do you want to get a personal loan that gives you quick access to your funds? If you identify with those needs, the HSBC Online Personal Loan might just be the right one for you.
The HSBC Online Personal Loan is good for people who are looking to get a fast decision and want to spread their repayments over a long period of time. HSBC is a well-established bank and, as such, has solid offers for its customers. Plus, HSBC offers special perks for certain borrowers.
To know more about what this loan has to offer, continue reading. This article will discuss all of the important information you should consider before deciding to apply. In addition, we will tell you how you can apply for the loan for those that decided they would like to.
Highlights of the HSBC Online Personal Loan
If you are interested in getting an HSBC Online Personal Loan, you’ll be happy to know that you can borrow amounts ranging from £1,000 to £25,000. More than this, you can repay your borrowed amount from one to eight years. This allows you to pay your borrowed amount without being too heavy on the wallet. Under this feature, you can pay more than the agreed amount. Doing so helps you to reduce the amount of interest you pay over time.
Another feature you’re sure to appreciate is having quick access to your funds. From the get-go, you can receive an instant credit decision, if you already have an HSBC account. If you are a non-HSBC account holder, you can get the credit decision in just 2 to 5 working days. Likewise, if your application is approved, you can receive the money within the day!
For HSBC Advance customers, you can get 10% cash back at the end of your loan term. This offer is applicable to loans with 60 repayments or less. This is a really unique offer that not many other lenders have. In addition, should you need extra money, you can easily top up your existing loan if you wish.
How to Apply for an HSBC Online Personal Loan
If you would like to, requesting your very own HSBC Online Personal Loan is easy. All you need to do is to check out the details found on the HSBC website. You also have the option of applying through the mobile app or through a branch near you.
Prior to application, you need to verify if you are eligible for a personal loan. Some of their qualifications include having a bank or building society account with a direct debit facility, have a minimum annual income or pension before tax of £10,000, and you must be over the age of 18. In addition, you must also be a resident of the United Kingdom.
If your personal loan application is approved, you will be able to take out a loan in the amount of £1,000 to £25,000. Again, if you already have an HSBC account, you will be given an instant decision regarding your application.
HSBC Online Personal Loan Fees and Charges
The HSBC Online Personal Loan has a 3.3% APR representative rate depending on your credit standing.
For example, borrowing a £10,000 loan with a term period of 36 months with a 3.3% interest rate will make have you paying £291.92 per month. The total amount payable will come out to £10,509.12.
Get More Details from HSBC
You can get more information about this personal loan by speaking directly with representatives of HSBC. They can be reached via phone at 03457 404 404 if you are already an HSBC customer or 03456 040 626 if you are not yet a customer.
Alternatively, you can also stop by their head office at 8 Canada Square, London E14 5HQ or visit the branch closest to you to inquire about this loan.
If you need a personal loan that’s right for your lifestyle and that has a high loan limit, the HSBC Online Personal Loan is worthy to look at. You can apply today to quickly reap the benefits of having this loan. However, if you would like to keep looking for a personal loan, you can check out another option.
Note: There are risks involved when applying for a loan. Consult the lender’s terms and conditions page for more information.