If you already have a personal loan with TSB but want to borrow more, then you could apply for another loan, or top up the one you have.
How do I borrow more on an existing personal loan?
There are two main ways that you can apply to borrow more:
| Option 1 | Option 2 |
|---|---|
Combine your existing loan in a single payment |
Keep your existing loan and take out a separate loan |
Additional borrowing loan calculator
Before applying, you can get an idea of your rates and repayments by using our loan calculator. You can say how much more money you need or how much extra you can pay each month.
What you need to know about additional borrowing
- The APR you’re offered depends on the amount you want to borrow, the length of the term, and your circumstances
- A personalised quote will show you the rate you'll get if you are approved for the loan without affecting your credit score
- If you refinance any existing debts, you may pay a higher rate of interest or make repayments over a longer term. This means that you may pay more interest overall
Find out more about our loans, including fees and charges, by visiting our FAQs page.
Who’s eligible to borrow more?
To apply for additional borrowing online, you’ll need to:
How do I apply for additional borrowing?
Already a TSB customer?
The easiest way to apply is in the app
You'll need to be over 21 and had a current account with TSB for at least 3 months
In the app, select ‘Loans’ then ‘Apply now’
Get a quote and see your rate without impacting your credit score
New to TSB?
Get a quote to see your rate without impacting your credit score
You have to be over 21 to apply online. Under 21s can apply in branch or over the phone
See your rates and apply
If you’d rather apply in branch or over the phone you can book an appointment.
At TSB, there are two options when it comes to additional borrowing on your existing loan.
- You can top up your borrowing with a new loan that runs alongside your old one.
- Or you can take out a loan which repays the existing one, giving you a new loan for a larger amount.
Any additional borrowing you take out will be at the current interest rates, which may not be the same rate as your existing loan.
Important information
* To apply for a loan between £300 - £999 and 25,000 - £50,000 you need to hold a TSB current account.
The representative APR is the Annual Percentage Rate of charge. You can use it to compare the overall cost of credit between different lenders.
