When you apply for a loan quote with us, we run a soft credit check that doesn’t impact your credit score. You’ll get an upfront, guaranteed rate if you’re eligible. That way, you can decide if our wedding loan is right for you before applying.
If you’re eligible and accept our rate, you’ll need to provide us with your bank details and sign your documents online. Once we’ve approved your loan and signed the agreement, we’ll send you your funds within three working days — ready for you to get started with your wedding planning.
To receive a quote, you’ll need to meet our eligibility criteria and provide us with the following information:
Residential addresses for the last three years
Contact details, including an email address
The rate we offer you will depend on your circumstances.
Representative example: for comparison purposes, 16.9% APR Representative based on a loan of £10,000 repayable over 60 months (five years) with an interest rate of 16.9% p.a. (fixed). Monthly payment of £241.68 total amount repayable £14,500.74.
All personal loans are subject to status. The interest rate offered will vary depending on our assessment of your financial circumstances and your chosen loan amount. That's why you won't find a loan calculator on our website. To find out more about this as well as our commitment to transparency, visit our guide on why Shawbrook Bank doesn't use loan calculators.
We offer loans from £1,000 to £50,000 with loan terms from one to seven years. The maximum APR rate you could be offered is 34.9%.
Personal loans without the confusion.
We’re proud to be a different kind of bank. We’re committed to being fair and transparent with everyone that applies for a personal loan, so this is our promise:
Honest: What you see is what you get.
Open: We want you to get the rate that’s right for you.
Fair: Get a rate that’s based on your individual circumstances.
Upfront: If it’s not good for you, it’s not good for us
What information will you ask me for when I apply for a wedding loan?
A Shawbrook wedding loan is simply a personal loan. There aren't any special wedding related questions that you have to answer.
To apply for a Shawbrook wedding loan, you will need to supply the following information:
3 years address information
Employment and income details
Bank account details
Can I pay a loan back early?
Of course — you have the right to pay a personal loan back early or make an additional monthly repayment under the Consumer Credit Act. But it’s important to know that this may be subject to an early repayment charge.
To discuss your options with a member of our team, please contact us. If you have taken out a loan with us on or after 13th December 2021, you can also log in to your customer portal to contact us: https://myloan.shawbrook.co.uk/.
Shawbrook is a different kind of bank, built to accommodate individuality, diversity and the dynamics of the modern world. We combine great technology and the expertise of our people to understand our customers’ individual requirements and to meet their evolving needs.