Personal Loans

Find out what loans you could be eligible for with our partner Aro. Just like Asda Money, Aro are a credit broker, not a lender and together we give you access to a trusted panel of loan providers.


When you check your eligibility below you will be transferred to our partner Aro.

Representative 26% APR

A personal loan can help in so many different ways, whether you want to take control of your finances, make some home improvements, or replace a worn-out car.

Asda is in partnership with Aro, which is a trading name of Freedom Finance Limited. Both Asda Money and Aro are credit brokers, not lenders. Together, we provide access to a carefully selected a panel of trusted lenders.

With one simple eligibility check, you can compare loans from these lenders and find the best offer for you and your circumstances.

You can check your eligibility safely without impacting your credit score in minutes and find personal loans up to £25,000 over terms from one to seven years.

Asda Money acts as a credit broker and earns a commission if you choose to take out a loan product. Terms and conditions apply. 

What can I use a personal loan for?

  1. Debt Consolidation

    Combining multiple debts for easier management

    A debt consolidation loan can be used to pay off other unsecured debts. Examples of these debts might be personal loans, credit cards or an overdraft. You could include all or some or of your existing borrowing. But remember, you may be extending the term of the debt and increasing the total amount you repay.

    Debt consolidation loans overview
  2. Car Purchase

    Buying a new car outright

    A car loan helps you stay in control with no mileage limits and the freedom to modify the car to suit you.

    Car loans overview
  3. Home Improvement

    Helping you improve your home in small or big ways

    You can use a home improvement loan for all sorts of projects, from a new lick of paint to extra space for the family.

    Home improvement loans overview
  4. Holiday

    Finance for a short break or a trip of a lifetime

    A personal holiday loan can help spread the cost of upcoming adventures.

    Holiday loans overview
  5. Wedding

    Considering a wedding loan to help pay for your big day?

    Your big day can be an expensive one, but a personal loan can help fund the whole event or provide a top up.

    Wedding loans overview
  6. Loans with Bad Credit

    Borrowing options with a bad credit history

    If you’ve had money problems or debt in the past, it may have left you with a poor credit rating, a bad credit loan is a personal loan product created specifically for people with poor credit. Many people take out loans for bad credit to consolidate debts, where other lenders may be unwilling to lend to them.

    Loans with bad credit overview
  7. Business Loans

    Grow your business with the help of a loan

    Many businesses need extra cash every now and then. You could be looking to hire staff, expand or grow into new territories. Either way, many companies in the UK choose to borrow money through a business loan.

    Business loans overview
  8. Secured vs. Unsecured Loans

    What's the difference?

    Before you apply for a loan, it’s important to understand the difference between secured and unsecured loans. At Asda Money, you can compare unsecured loans from our trusted panel of lenders. We don’t offer access to secured loans.

    Secured vs. Unsecured loans overview

Award Winning Personal Loan Provider

We're proud to be awarded Best Personal Provider by Moneynet, recognising the top personal finance providers in the UK.

To be presented this award is a great honour and demonstrates our dedication to delivering our customers excellent choice and good value.

Best Personal Loan Provider

Why choose a Personal Loan through Asda?

  • Asda logo

    The Asda advantage

    Known for putting value for money at the centre of everything we do

  • Clipboard icon

    One simple form…

    Receive quotes from a trusted panel of lenders without harming your credit score

  • Diamond Icon

    Asda service, Asda value, expert providers

    A loan offer that’s best for you and your circumstances

What is a personal loan, and what can I use one for?

A personal loan is a fixed amount of money you can borrow from a lender, with a specific length of time to repay it agreed at the start. The lender will determine a fixed interest rate, which affects how much you will pay back in total and your monthly repayments. You could repay the loan over several years, depending on the size of the loan and your personal circumstances. You can usually borrow up to £25,000 with a personal loan. For larger amounts, lenders may require you to secure the loan against a house or other asset.

You can get a personal loan to use in different ways:

Debt consolidation - Personal loans can help you manage your finances if you already have several monthly repayments for credit cards, overdrafts, store credit or other debts. A debt consolidation loan combines these debts into one monthly repayment, making it easier to manage.

Home, holiday, or car - A personal loan, also known as an unsecured loan, can be used for various large purchases or costs. You might be looking at a family holiday, or you need a newer, more reliable car, or your house could do with a new kitchen or bathroom, a new sofa, or even vital repairs. You could use a personal loan of up to £25,000 for these expenses. Anything that costs more than this would need a secured loan.

With one quick and easy eligibility check, let Asda help search for the best loan rate to suit you

How do our personal loans work?

We've taken the work out of finding and checking your eligibility for a personal loan. We work with a trusted panel of lenders to offer great loan rates to suit your circumstances. If you're worried about being accepted for a loan, the soft search technology we use won’t affect your credit score when we check your eligibility. It's quick and easy, and you'll get an online decision from lenders in minutes, so you don't have to put your plans on hold.

With so many options out there for personal loans, it can be tricky to know if you're making the right choice. At Asda Money, we make it simple by only offering unsecured personal loans, so you don't have to be a homeowner to check your eligibility. You can use a personal loan for all sorts of things, from debt consolidation to travel costs, home improvements, or a new car.

If you are considering consolidating existing borrowing, you should be aware that you may be extending the terms of the debt and increasing the total amount you repay.

Benefits of unsecured personal loans

  • Fast access to money: Once a lender approves your application for a personal loan, you will likely get the money within a few days. You can pay for your holiday, get your car or consolidate your debts quickly.
  • Flexible repayments: Choose how long you need to pay back the loan. Terms range from one year to up to seven years. Remember that the longer the term, the more interest you’ll pay in total.
  • Boost your credit score: Making monthly payments on time can help build your credit score.
  • No collateral required: With an unsecured personal loan, you won’t lose your home or other assets if you miss your payments. However, defaulting on payments will affect your credit score.

How much can I borrow with a Personal Loan from Asda? Money

As we work with a panel of lenders, you’ll find a variety of personal loans to suit your needs. You can choose the amount you want to borrow, from £1,000 to £25,000, and the length of time you want to pay it back. We do a quick eligibility check to find the most suitable deals for you. Then, you can compare loans and continue directly to the lender.

How much do personal loans affect my credit rating?

We perform a soft search as part of our initial eligibility check, which doesn’t affect your credit score.

If you proceed with an offer from your search with us, the lender may complete a hard search once you have accepted your offer. Hard searches do appear on your credit file.


Personal loans with bad credit

If you have previously had money problems or debt, you may have a poor credit rating. You can still apply for a personal loan, but fewer lenders may be willing to lend to you, and they may offer smaller loan amounts. You may also have to pay higher interest rates.

To help build your credit history before applying for a loan, consider taking out a credit builder card as an alternative. You won’t be able to borrow as much, but making regular monthly payments will demonstrate responsible borrowing, which can boost your credit score.

At Asda Money, we have a variety of personal loans on offer. You can search our panel of lenders to find the most suitable loan for your requirements. Our initial eligibility check doesn’t affect your credit score, so you can quickly and simply see your options for personal loans.



Top Personal Loans FAQs:

Why choose a Personal Loan through Asda?

Customers could access great rates from carefully selected trusted lenders, so you can sit back and let us do the leg work. What’s more, when you search for a personal loan, you’ll only have a soft search on your credit history, which means you can check your eligibility without harming your credit score.

Once your loan is approved, you could receive your funds the same day.

How does it work?

Asda is in partnership with Aro which is a trading style of Freedom Finance Limited, who are a leading credit broker to offer our customers a different solution to borrowing money and finding a loan. We work alongside Aro so we can provide our customers with the right offer from a panel of handpicked trusted lenders. 

With one eligibility check, you can search a panel of carefully selected lenders and provide you with a loan tailored to your needs. Once you have been approved you receive your funds which could be as quick as the same day.

So sit back, relax and let us do the hard work.

Who are your lenders?

We have carefully selected a number of trusted lenders to be on a panel. You can search the panel to provide you with the very best offer you are eligible for. Find out more about each of our lenders here.

If you have any questions on our lenders, please call our Customer Service Team on 0333 555 0560 and a colleague will be happy to help.

How much can I borrow?

Lenders offer loans from £1,000 up to £25,000 with repayment periods ranging from 1 to 7 years.

Will applying affect my credit rating?

No. One of the best things about our service is you get access to a panel of trusted lenders with no credit footprint left on your credit file. When you apply with us, a soft search is completed which doesn’t harm your credit score.

However, if you do proceed with an offer from your search with us, the lender will complete a hard search once you have accepted your offer. This will show on your credit file.

About our trusted provider, Aro

Asda is in partnership with Aro which is a trading name of Freedom Finance Limited. Both Asda Money and Aro are credit brokers, not lenders. We offer our customers a different solution to borrowing money and finding a loan.

We work alongside Aro so we can provide our customers with their very best loan offer from a panel of handpicked trusted lenders.

With one simple eligibility check, our panel of lenders can provide you with a loan tailored to your needs. It’s also a safe way to find a loan without negatively affecting your credit rating.

Looking for more support? Managing money can be tough

That’s why our financial support hub has a wealth of information to help if you’re worried about your finances. From expert videos to money saving tips, you’ll find useful support for managing your money.

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Still need some help? Call us on 0800 061 2041

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