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Manage your personal loan

Want to request a loan settlement figure or make a change to your Direct Debit? You can do this using our online forms.

Manage my loan

Already started an application?

If you started your loan application in the last 28 days, you can find and finish it here.

Finish my application

Want to borrow more?

You've got a couple of options. Double check your budget to make sure you can afford the increase in borrowing. If that all sounds good, let's look at the options:

Apply for a new, separate loan

Apply for a new, separate loan. You'd have two repayments and two separate repayment amounts and dates. That's where the budgeting comes in - make sure the extra repayment and total amount fit with your other financial commitments.

Combine your existing loan with your new one

Combine your existing loan with your new one. That means borrowing enough to pay back what you already owe, as well as to provide the extra money. Remember that there will be an early repayment charge*, so find out what that will be and factor it into your planning. You’ll end up with one loan, one monthly repayment and one total repayment amount.

*Bear in mind: Repaying your loan early will incur up to 58 days of additional interest on the amount you repay. But don't worry - we'll make sure you know exactly what the full repayment amount will be before you commit.

How much can I borrow as an existing customer?

If you're an existing customer you can borrow £1,000 - £35,000 and repay over one to five years. Or, if you're borrowing £7,500 or more (and less than 50% of it is to pay back an existing loan) you may have the option to repay over seven years. Check your eligibility to see the terms available.

You'll need to have an M, M Plus or Club M account with Virgin Money, or other products with Clydesdale Bank or Yorkshire Bank.

Calculate your estimated payments

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Try our loan calculator

Work out how much to borrow and what your repayments and interest rates could be. Existing customers may be able to borrow more than £25,000 over a longer period. Check your eligibility to see the terms available.

representative

Borrowing close to where the APR changes?

Use the calculator slider tool to see how borrowing slightly more affects the monthly repayments and total loan amount. You may be able to reduce your monthly payments and your loan amount by borrowing slightly more. Always make sure you can afford the monthly payments.

See how the APR changes depending on the loan amount
Loan amount APR
£1,000 - £2,999 22.9%
£3,000 - £4,999 14.9%
£5,000 - £7,499 7.4%
£7,500 - £15,000 6.3%
£15,001 - £25,000 6.5%

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Representative example

Total amount payable Includes interest
Based on borrowing
Monthly repayments
Paid over years
Fixed interest rate per annum
Representative APR

All loans are subject to status and eligibility and you must be over 18 and a UK resident to apply. The interest rate we offer you is based on how much you borrow. The minimum rate we offer is 6.3% APR and the maximum rate is 28.9% APR.

Ready to apply?

It's easy to check your eligibility and apply for a Virgin Money loan. Start a new application or continue with an existing application.

To be accepted for a loan you'll need to:

Check your eligibility  Continue application

Popular questions about loans

That’s totally up to you if you want to pay your loan back early, we like to keep things flexible so if you want to you can:

Pay everything

If you are looking to pay back your full loan, you will have to request a settlement figure for your full loan balance – this will include any additional charge for interest. You can request a settlement figure using our online form. Any early payments will be subject to an interest charge (up to a maximum of 58 days' worth).

Reduce your monthly payments or reduce your loan term

Depending when you took your personal loan out, you may be able to reduce your monthly payments or reduce your loan term. If you aren’t sure how that works out for you please get in touch with us.

The easiest way to pay off your loan, or make an extra payment, is to make a transfer from any bank account using your loan's sort code and account number. For other methods, please get in touch with us.

If you know in advance that you might struggle to make a repayment on your personal loan, please get in touch with us right away. We know things don’t always go smoothly in life. We don’t want to add to your stress, and we’ll do everything we can to help you through.

Missed or late payments on your personal loan can result in:

If you don’t get in touch, and end up falling behind on repayments, it’ll cost you more in the long run — financially and emotionally. Missing or late payments can result in:

  • Extra interest charges (You can find information about those in your loan agreement).
  • Court proceedings leading to an order to pay us back (called a Judgment) as well as extra interest and charges.

We don’t want it to come to this for any of our customers. But if we don’t hear from you, we have to take measures to get the money back and will mean it’ll cost you more. It could also have a negative effect on your credit rating, which could cause problems if you need to borrow again in the future.

Always remember, we’re here to help in any way we can. If you’re worried about your repayments for any reason, please get in touch.

If you're an existing customer you can borrow £1,000 - £35,000 and repay over one to five years. Or, if you're borrowing £7,500 or more (and less than 50% of it is a pay back to an existing loan) you may have the option to repay over seven years. Check you eligibility to see the terms available.

You'll need to have an M, M Plus or Club M account with Virgin Money, or other products with Clydesdale Bank or Yorkshire Bank.

View all questions about loans

Fancy a chat?

Our team is here to answer your questions, talk through your needs and help you through the process.

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