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 are, the HSBC Online Personal Loan might just be the right one for you.
The HSBC Online Personal Loan is perfect if you’re looking to get a fast decision and if you want to spread your repayments over a long period of time. To know more about what this loan has to offer, read on.
HSBC Online Personal Loan Features and Benefits
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 get an instant credit decision. 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 is applicable for loans with 60 repayments or less. Should you need extra money, you can easily top up your existing loan if you wish.
Applying for an HSBC Online Personal Loan
Requesting your very own HSBC Online Personal Loan is easy. All you need to do is to check out the details found on their 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 must be over the age of 18 to apply. 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 £1,000 to £25,000.
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.
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. Apply now and these exclusive perks will certainly be within your reach.