Large personal loans from 9.9% APR
From home improvements to life’s bigger moments, A large personal loan could help you spread the cost over time, with repayments designed to fit real life.
✓ Borrow between £15,000 to £25,000 with rates from 9.9% APR.
✓ No hidden, early or late repayment fees
✓ Pay back over 1 to 7 years
Large personal loans for life's bigger plans
Some of life's biggest moments come with bigger costs. Whether you're renovating your home, planning a wedding, replacing a vehicle or funding the trip of a lifetime, having access to funds upfront can help you move forward with confidence.
At Great Western Credit Union, we offer large personal loans from £15,000 to £25,000, helping people across the South West spread the cost of bigger expenses through fair and affordable monthly repayments.
With fixed repayments, no hidden fees and repayments designed around real life, you can borrow with confidence and focus on what's important to you.
What is a large personal loan?
A large personal loan lets you borrow a larger amount of money and repay it over an agreed period.
Many people use large personal loans for larger purchases, planned projects and major life events where paying the full cost upfront may not be possible.
With a large personal loan from GWCU, you can borrow from £15,000 to £25,000 and know exactly what you'll repay each month, helping you budget with confidence.
Get a quote before you apply
- Find out how much you will need to repay.
- We'll also tell you how likely you are to be approved.
- Getting a quote won't affect your credit score.
You can borrow up to £25,000. Representative APR 14.9% to 26.9% based on the amount you borrow and individual situation. Repay your loan over 1 to 7 years.
Loans are subject to status.Â
We will show you:
- your personalised interest rate
- how much your repayments will be
- how much the total loan would cost
Key details
£15,001 - £25,000
APR rates starting from 9.9%.
14.9% to 26.9% APR representative on loans between £15,001 and £25,000.
Your rate is personal to you. It’s based on things like your credit score, income, and loan amount, so it might not match the Representative APR.
The rate you see in your quote is an estimate and not a guarantee.
Representative APR: 14.9%
Borrow £20,000 over 84 months and repay £374.91 per month. The total amount payable (including interest of £11,492.50) is £31,492.50 14.9% APR representative.
Your actual rate will depend on your credit profile. Rates range from 9.9% to 26.9% APR.
Other examples:
Borrow £22,000 over 48 months, and repay £601.29 per month, total amount payable (including interest of £6,862.06) is £28,862.06. 14.9% APR representative.
Borrow £17,000 over 60 months, and repay £466.24 per month, total amount payable (including interest of £10,974.47) is £27,974.47 23.9% APR representative.
Borrow £20,000 over 84 months and repay £494.78 per month. The total amount payable (including interest of £21,561.64) is £41,561.64 26.9% APR representative.
1-7 years.
There are no fees for paying your loan off early.
Find out if a large loan could work for you
What could you use a large personal loan for?
A large personal loan could help you spread the cost of a planned purchase or project.
Here are some of the ways you could use a large personal loan from GWCU:
How much could a large personal loan cost?
Use our loan calculator to see how a large personal loan from GWCU fits your budget.
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This example is an estimate. The actual rate you're offered could be higher or lower than the rate in this example depending on your personal situation, the loan amount and the term you choose when you apply. You'll see your personal rate before you decide to go ahead.
Why choose Great Western Credit Union?
As a credit union, we do things differently. We’re a mutual, member‑owned financial organisation, which means our focus is always on our members’ financial wellbeing, not making profits for shareholders.
As a co-operative, we care deeply for our local communities in the South West. That’s why every penny stays right here in the region with any profits reinvested to benefit our members and the communities we’re proud to serve.
We always take your current circumstances into consideration, not just your credit history.
No hidden costs, no late fees, and no penalties for early repayments.
We pride ourselves on being responsible lenders, meaning we only approve a loan if we’re sure you can safely repay it.
With plans stretching up to 7 years, repayment schedules are adapted to your lifestyle so you’re never caught out.
Am I eligible for a large personal loan?
To apply for a GWCU large personal loan you must:
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Be aged 18 or over
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Live or work in Bristol, Bath, Gloucestershire, Wiltshire, Somerset, and Dorset
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Have a regular income of £450 or more a month
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Have enough disposable income to comfortably make your repayments
Optional: You are a tenant of one of our partner housing associations (if your postcode is outside of our usual area)
Can I get a large personal loan with bad credit?
Everyone's financial situation is different, which is why we look at more than just your credit score when reviewing applications.
While your credit history can affect the rate you're offered and how much you may be able to borrow, we also take your income, affordability and wider circumstances into account.
Before applying, it can be helpful to understand your credit score and take steps to improve it where possible. Our guide to improving your credit score can help you get started.
Is a large personal loan right for me?
A large personal loan can help you spread the cost of a bigger purchase, project or life event, making it easier to manage through fixed monthly repayments.
But borrowing might not be right for everyone. Before applying, it's worth taking some time to think about your budget, what you need to borrow and whether the repayments will be affordable both now and in the future.
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See what you could borrow
Use our personal loan calculator to see how much your repayments could be based on the amount you'd like to borrow and explore whether a large personal loan could be right for you.
Frequently asked questions
What can I use a large personal loan for?
How much can I borrow with a large personal loan?
At Great Western Credit Union, you can borrow up to £25,000. The exact amount you can borrow depends on your circumstances, including your income, spending habits and ability to make repayments. We review each application individually to make sure the loan is right for you and your situation.
Will applying for a large personal loan affect my credit score?
When you apply for a large personal loan, your credit score will temporarily go down. This is because we need to perform a credit check. It’s nothing to worry about as your rating will go back up once you start paying back your loan. It can also improve if your repayments are paid on time.
Before applying, you can check your eligibility with no impact on your credit score.
Learn more about soft credit checks and why we do them.
What interest rate will I get on a large personal loan?
The interest rate you receive depends on your individual circumstances. Factors such as your credit history, income, existing financial commitments and affordability may be considered when assessing your application.
You can learn more about how we assess applications here.
Is it a good idea to get a large personal loan?
For some people, a large personal loan can be a useful way to spread the cost of a significant purchase, project or life event when paying the full amount upfront isn't possible.
Before applying, it's important to make sure the repayments fit comfortably within your budget and that you're only borrowing what you need.
Use our simple calculator to see what your repayments could look like based on how much you'd like to borrow.
Can I get a personal loan with bad credit?
At Great Western Credit Union, we consider more than just your credit history. While we do conduct an initial credit check to make sure you can safely repay your loan, we also take into account your personal circumstances when reviewing your application.
Take our quick eligibility check to find out whether a large personal loan is right for you.
Why did I receive a lower offer?
We may offer you a smaller loan if you didn’t meet the criteria for the full amount you applied for.
When we assess your application, we look at:
- Your income
- Your outgoings
- Whether the loan would be affordable for you
As a responsible lender, we’ll only offer what we believe you can safely repay.
This helps protect you from financial difficulty and ensures our loans stay fair and affordable for all of our members.
How quickly can I receive the funds from a large personal loan?
At GWCU, we aim to review most loan applications within one working day. Sometimes it can take a little longer if we need to review additional information or during particularly busy periods. In these cases, it may take up to three working days for a decision.
We'll keep you updated by email and let you know whether your application has been approved, declined, or if we need any further information from you. Once your application is approved and signed for, you can receive your funds the same day.
Are large personal loans secured or unsecured?
At Great Western Credit Union, our personal loans are unsecured so you won’t be caught out when making a big purchase. This means you don't need to offer any collateral as security when taking out a large personal loan, such as a house or car.
How much would repayments be on a £20,000 loan?
As an example, if you borrow £20,000 over 84 months, your repayments would be £374.91 per month.
The total amount payable would be £31,492.50, including £11,492.50 in interest. 14.9% APR representative.
This is an example only. The amount you repay and the interest rate you're offered may be different.
Your rate is personal to you and is based on factors such as your credit history, income and the amount you'd like to borrow, so it may not match the Representative APR.