How to Apply for Barclays Personal Loan :
Barclays is an online consumer and commercial bank that offers several financial products in the United States. They are very well known as the servicing bank for various credit cards. Currently, they are providing the personal loans by mailed invitation only. You can apply for a loan amount between $5,000 to $35,000.
Barclays Personal Loan Features
- Initial Soft Credit Inquiry: You can check your rates and terms using the pre-qualification process, which will not affect your credit score. Only if you proceed with the formal loan application, then Barclays will contact a hard credit inquiry.
- Flexible Repayment Terms: They allow their borrowers to change their due date. But, if you change your due date, then it might affect the amount you owe each month or even your final loan amount.
How to Apply for Barclays Personal Loan :
The application process for Barclays Personal Loan is quite simple. You will require the invitation code to apply for the loan. If you have the invitation code, you just need to follow these simple instructions below:
- Firstly, you need to click on this link www.barclaysloanoffer.com.
- Then, on the given fields, you need to input your invitation code and last name.
- After that, you just have to select the Continue button for the steps further.
- There, you need to look over the loan offers by reviewing the terms and rates the lender has to offer.
- You have to select the rates and terms desire and move to the full online application.
- Then, provide the personal information required for the full application.
- Then, you have to submit your application after reviewing all the accurate details.
Pros and Cons of Barclays Personal Loan
Pros of Barclays Personal Loan:
- No fees or prepayment penalties: Unlike most lenders, Barclays does not charge any origination or late payment fees for the loan. You would not charge any pre-payment fees if you decide to make extra payments or pay off your loan early.
- You Can Change Your Payment Due Date: You can contact Barclays to alter your monthly deadline for the payments. It can help you to top of your bills or make it more convenient for you to have all your bills due around the same time.
- Prequalification Available: After filling up the loan application, you can check your probable loan rate and terms. Here the Barclays will contact a soft credit inquiry, which does not affect your credit score.
Cons of Barclays Personal Loan:
- Applications by Invitation Only: Only the invited members can apply for the Barclays Personal Loan. To apply for the loan, you will require a special invitation code.
- High Minimum Loan Amount: Barclays Personal Loans start from $5,000.
- No Joint Applications: Barclays accepts the individual applications at this time. They don’t allow any no signers or co-borrowers to boost your financials.
Also Read : Bank Of OZK Login
Types of Personal Loans Offered by Barclays :
You can use Barclays personal loan for the most common garden reasons. That includes financing a major purchase, remodeling your home, paying for a vacation or a wedding, or consolidating high-interest debt.
How to Access Your Barclays Loan Account :
To manage your personal loan, you can log in to your Barclays Loan account. To access your loan account, you must have your registered username and password. If you have your login credentials of your Barclays loan account, then you just need to follow these simple instructions below:
- Firstly, you need to click on this link loans.barclaysus.com.
- Then, on the given fields, you just need to input your username and password.
- After entering your login credentials, you just have to select the Log In button.
- If your provided login credentials are correct, then you will be redirected to your loan account.
How to Make Payment on Barclays Personal Loan :
These are the following methods through which you can pay on your personal loan.
Online Payment Method:
You can easily pay for your personal loan by login into your Barclays Loan account. You can follow these simple instructions below to make the payment for your personal loan:
- You have to visit this link loans.barclaysus.com.
- There, on the given fields, you just have to provide your username and password.
- Then, you have to click on the login button to access your loan account.
- Once you logged in to your account, you can easily pay for your Barclays personal loan.
Pay by Mail:
You can also pay your Barclays Personal Loan through the mail service. You can send your payment for your loan in form of a money order or personal check. You have to send your payment for Barclays Personal Loan to this address below:
P.O. Box 13337
Philadelphia, PA 19101-3337
Barclays Personal Loan Phone Number :
If you have any queries regarding Barclays personal loan, then you can contact the customer service department.
Phone:
General Inquiries: 1-866-951-1416
Fax Number: 1-866-464-8526
International: 1-302-255-8888
Mail:
General Correspondence:
P.O. Box 8893
Wilmington, DE 19899-8893
Physical Address:
Barclays Bank Delaware
125 South West Street
Wilmington, DE 19801
Reference Link :