Santander

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Company Information

  • Company Name:
    Santander
  • Website Address:
  • Business address:
    2 Triton Square, Regent's Place, London, NW1 3AN
  • Phone number:
    0800 028 4055

Santander’s (Santander.co.uk) range of personal loans can be used for a variety of different circumstances, whether you need to pay for a big holiday, a new car or a major lifetime event. For many people, loans are also a useful way to manage existing debts. While using personal savings to pay off debts is always the best way to eliminate the debt and get a clean slate, using a Santander loan to consolidate outstanding debts can be a good way to manage your finances if savings are not an option.

Santander has a variety of personal loans available to suit your circumstances that can be used to pay off existing debts and consolidate them into one central monthly repayment. This can make the repayment process far simpler and easier, and could result in a lower interest rate. If you do decide to use a Santander debt consolidation loan, it’s important to calculate the full cost of paying off the outstanding debts, including any repayment charges or fees that might be incurred. This way, you’ll know exactly how much you need to borrow and how much money could be saved.

Santander’s debt consolidation loans are available from £1,000 to £20,000 and can potentially carry an interest rate as low as 4.3% APR Representative on loans between £7,500 and £15,000. The loan must be repaid in a period of 12 to 60 months.

You don’t have to be an existing Santander customer to qualify for a debt consolidation loan from the bank- both new customers and current account holders can apply, but you do need to be over the age of 21, a UK resident and have an annual gross income of over £5,000. To apply for a Santander debt consolidation loan, you can use online banking, call the bank’s contact number or go into your local Santander branch.

39 Reviews of Santander have been submitted - read the latest 3 below

It was my daughter that nagged me into taking out a debt consolidation loan and because she banks with Santander she recommended I try for a loan with them. I didn't think I'd get a loan from them never mind such a good one because I don't bank with them but my daughter assured me Santander offer these type of loans to anyone in the UK provided they fulfil certain requirements. My concern was they'd think I had too much debt and was therefore unsuitable but they explained that because I had been managing my debt and not missed any repayments on my credit cards in particular that this made me an ideal candidate for one of their loans. I must admit I felt rather pleased with myself that Santander thought I was a good candidate for one of their loans and now that they've approved a fantastic loan for me I am going to do them proud and sort out all my debts asap!

Review posted by Brenda Lowe, Basildon

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With all the flack banks come under at times I wonder if people realise just how much good some banks actually do for ordinary people like me. My debt consolidation loan from Santander is going to make such a big difference to my finances once I have paid off some big debts and I'll just be left with a very affordable monthly repayment for this loan which will be paid back in 3 years and hopefully by then I will be back on track and managing my finances better and have a bit more disposable income each month. I couldn't even begin to think about a future like that without this loan from Santander and I'd like to give the thumbs up to Santander for offering such a helpful and affordable way out of debt for people like me.

Review posted by Paul Thompson, Havant, Hants.

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I really do feel that if you bank with Santander they are there for you in the good times and the bad. This brilliant debt consolidation loan they have just approved for me is to avoid the bad times as far as I am concerned because they are allowing me to sort out some mounting debts before they become a problem for me. Santander are offering one of the best rates ever on their loans at the moment so I'm not even having to pay heavily for the loan, it's as good a loan offer as I am going to get anywhere and I think my 123 current account has helped secure the 4.3% APR Santander will be charging me for this loan. You don't even have to be a current customer of Santander's to get one of their debt consolidation loans and so I will definitely be recommending Santander to some of my friends who I think could do with a bit debt consolidation themselves.

Review posted by Elizabeth Rawlins, Didsbury

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