HSBC Personal Loan for Debt Consolidation

HSBC offers personal loans from £1,000 to £30,000 with a representative 6.5% APR on mid-range amounts. Can be used for debt consolidation with terms up to 8 years.

Last checked on September 4, 2026. We may earn a commission when you click through.

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✓ 6.5% representative APR on £7,500–£20,000 ✓ Terms up to 8 years for loans over £15,000 ✓ Free overpayments with no charges
Consolidation HSBC Reviewed

HSBC Personal Loan for Debt Consolidation

Updated 1 month ago

APR Range

3.3–21.9%

Amount

£1k–£30k

Term

—

Type

debt_consolidation

Check eligibility →

You'll be redirected to hsbc.co.uk

Our Verdict

A reliable high-street option with a competitive 6.5% representative APR and the ability to extend terms up to 96 months on larger loans, giving more breathing room on monthly payments.

Best For

HSBC customers who want a straightforward consolidation loan with longer repayment terms and free overpayments.

Pros

  • 6.5% representative APR on £7,500–£20,000
  • Terms up to 8 years for loans over £15,000
  • Free overpayments with no charges
  • No arrangement fee

Cons

  • Must have annual income of £10,000+ to apply
  • Joint loans only available by phone
  • Not available to Basic Bank Account holders

About This Loan

HSBC offers personal loans from £1,000 to £30,000 with a representative 6.5% APR on mid-range amounts. Can be used for debt consolidation with terms up to 8 years.

Check if you qualify

Check eligibility →

You'll be redirected to hsbc.co.uk

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