HSBC UK (loans): verified facts and rating
Checked 2026-10-30
Score breakdown
67% backed by facts · How we rank
HSBC UK (loans) against the market
The dot is the company, the line is the median of all companies in this ranking.
Published rate, % of country reference86%333%99% · median 99.5%
Support hours a week39 h84 h84 h · median 55 h
Maximum amount, % of country reference86%143%86% · median 100%
Longest term84 mo120 mo96 mo · median 90 mo
HSBC UK (loans) strengths and weaknesses
Pros
- Licence confirmed by the official list or a stated licence number
- Publishes how to complain
- No arrangement fee in the standard terms
- New customers can apply online
Cons
- A charge can apply to early repayment
All facts
| Fact | Value | Source | Checked |
|---|---|---|---|
| Licensed since | Not verified | — | |
| Licensed by the regulator | Yes HSBC UK Bank Plc, FRN 765112, list of PRA-regulated banks, October 2026 | bankofengland.co.uk | 2026-10-30 |
| Published rate, % of country reference | 99% 6.8% APR Representative for loans between £7,500 and £20,000; band covers £10,000; maximum APR 22.9% · APR 6.8% · index 100 = 6.9% (median at launch) | hsbc.co.uk | 2026-10-30 |
| Free early repayment | No Overpayments free of charge; on full repayment: daily interest up to 28 days after notice, plus an additional month of interest if the loan was repayable over more than 12 months | hsbc.co.uk | 2026-10-30 |
| No arrangement fee | Yes No arrangement fee | hsbc.co.uk | 2026-10-30 |
| Fees or terms published | Not verified | — | |
| Complaints procedure | Yes | hsbc.co.uk | 2026-10-30 |
| Online application for new customers | Yes Get a quote online; non-HSBC current account customers should get a credit decision in 2 to 5 working days; requires a bank or building society account with Direct Debit | hsbc.co.uk | 2026-10-30 |
| Support hours a week | 84 h Existing customers 03457 404 404: All lines are open from 08:00 to 20:00 every day. | hsbc.co.uk | 2026-10-30 |
| Maximum amount, % of country reference | 86% Borrow between £1,000 and £30,000 · max 30000 GBP · index 100 = 35000 GBP (median at launch) | hsbc.co.uk | 2026-10-30 |
| Longest term | 96 mo up to 60 months for loans up to £15,000, or up to 96 months for loans over £15,000 | hsbc.co.uk | 2026-10-30 |