£5,000 Loans
Low rate loans from
7.9 % APR
Representative on £5,000
Representative on £5,000
Need £5,000 without the hassle? Apply for a loan today
A small loan for £5,000 could make a big difference to your finances. Borrow the funds to pay for whatever you need outright, and simply pay the loan back over fixed-rate monthly instalments.
Our low-interest £5,000 loans start from as low as 7.9% APR Representative, helping you get the most from your money.
How long do I have to repay my £5,000 loan?
You can borrow £5,000 over two to five years. To get an idea of monthly payments or how much your total repayment might be, head to our handy online loan calculator. Once you’re ready to apply, fill out our simple online application form in minutes. Get an instant decision and, if accepted, sign your credit agreement to receive the money in just two working days.
I'd like a £5,000 loanWhat can I use a £5k loan for?
Our £5,000 loans are tailor-made for you, so you can choose how to spend your money. Maybe the latest bit of tech, a special gift or a contribution to a family member’s wedding? Find out what customers just like you bought with their loan.
Jet off on a once-in-a-lifetime holiday
Whether you're ready to relax on a beach or take off to a tourist hotspot, you can make your travel dreams a reality.
Splash out on a special purchase
Treat your loved ones to a present they'll never forget, from an engagement ring to a luxury watch.
Drive away on a new electric bike or motorcycle
Get on your bike and ride in style. A personal loan could help you hit the road much sooner than you'd think. Where will your adventures take you?
Get a quote and apply online today
Find out how much a £5k loan could cost you each month, or work out the estimated total repayment below.
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Our price promise
A loan of £5,000 over 5 years: rate of interest 7.9% (fixed), 7.9% APR Representative, monthly repayment of £100.51, total repayment of £6030.60
Remember, the rate you are offered may vary due to personal circumstances and loan amount, the majority of our customers receive the advertised rate. However, if you complete an application directly via the Novuna Personal Finance website and are given a higher APR, we guarantee that you'll never pay more than £158.07 per month with our maximum 32.9% APR Representative when you borrow £5,000 over 5 years*.
The maximum APR you could be offered when you borrow other loan values is 36.4%*. All loans are subject to status.
*Only for applications carried out directly via the Novuna Personal Finance website
You can enter a loan amount using the plus and minus keys or by typing into the field
You can enter a loan amount using the plus and minus keys or by typing into the field
Why choose Novuna Personal Finance?
From our simple application process to our easy-to-use online account and app, every stage is hassle free when you take out a £5k loan with Novuna Personal Finance. Here are just some of the things that make us different…
Your FAQs answered
- Am I eligible for a £5,000 loan?
- Is a £5,000 loan secured or unsecured?
- Are interest rates fixed?
- How much interest will I pay on a £5,000 loan?
- What else do I need to know about personal loans?
Am I eligible for a £5,000 loan?
You must meet the following criteria to successfully apply for a £5,000 loan:
- Be aged 21 or over
- Have a bank or building society account
- Be a permanent UK resident (we’ll need to know your address history from the last three years)
- Be in permanent paid employment, self-employed or retired with a pension
- Have a good credit history
Is a £5,000 loan secured or unsecured?
Our loans are unsecured, so you won’t need to put up your house or car as collateral. Our lending decision will be based on your personal circumstances, credit history and loan amount/term.
This is less risky for customers like yourself. If for whatever reason you are unable to make your repayments, your valuable assets won’t be repossessed. Defaulting on your payments will impact your credit score and could make it more expensive – or even impossible – to borrow in the future, though.
Find out more about the differences between unsecured and secured loans here.
Are interest rates fixed?
The interest rate on our £5k loans is fixed throughout your term, so you’ll pay the same amount every month until your loan is settled which will help you to manage your outgoings.
How much interest will I pay on a £5,000 loan?
Our loan rates for £5,000 loans start from just 7.9% APR Representative.
At least 51% of customers are given the advertised rate, though the rate you’re offered will depend on your credit history, personal and financial circumstances, loan amount and term.
What else do I need to know about personal loans?
While we do everything we can to make applying for a personal loan with us simple and easy, there are a few things you need to think about – such as how much you can realistically afford to pay back each month, and how your credit score impacts your ability to borrow.
We’ve pulled together a couple of helpful guides on everything you need to know about personal loans and the questions you need to ask yourself before applying to help you get to grips with all things personal loans quickly.
What do our customers think?
We’re the only provider to give full visibility of our reviews, updated in real-time, 24 hours a day. Read all reviews to find out what our customers think.