Get a Joint Loan for You and Your Partner

If you are married or living with other friends or close relatives, it could make sense to get a joint loan. This means that the loan is funded into one account and you can use this money together. It is perfect for any shared bills and expenses, but also useful if you are married or living together and everything falls under one account anyway.

All Purpose Loans operates across the whole of market, so you can find the best loan for you based on products from over 50 UK lenders. Our application is fully online and will be able to provide you with an instant quote upon completion. There are no fees for applying and completing the application will not impact your credit score. You can get a quote in less than 2 minutes using the apply now button below.


No credit check without your consent

What are the types of joint loans?

Personal loans : A personal loan is used by individuals (not businesses) for personal expenses and purchases including paying bills, travel, holidays, weddings and more. Customers can borrow up to £25,000 repaid over 1 to 7 years and you have the option to apply unsecured (no collateral) or secured (against a car or property). If the joint loan is secured against a property like a flat or home, both applicants must be owners of the property.

Guarantor loans : This is where the loan is for one person, but their partner or friend acts as a guarantor to provide extra security. The guarantor agrees to co-sign the loan agreement and cover the cost of the loan if the main borrower cannot. A guarantor is commonly a spouse, sibling or parent and is another form of joint loan.

What are the benefits of a joint loan?

  • Borrow up to £25,000
  • Repaid over 1 to 7 years
  • Repayments are shared between two people
  • Better acceptance rate if one person has bad credit
  • Flexible repayment terms
  • Applying will not impact credit score

What are couple loans used for?

Couple loans are often used to pay for household bills and expenses, whether it is loans for home improvements, mortgage repayments and other household or children-related expenses.

One of the main advantages is that you potentially get to maximise your chances of approval if one person has a better credit score than the other. So if you have bad credit, you may have more success borrowing with your partner than individually. If you are married or living together, you will be sharing all the expenses anyway, so having a couple loan can be quite useful.

What is the eligibility criteria?

  • Both parties are living in the UK
  • Can afford monthly repayments
  • Joint bank account
  • If secured, both parties must be co-owners of the asset
  • Valid UK mobile phone and email address

Get approved with All Purpose Loans

All Purpose Loans can help you find the best joint loan at the most affordable rates. We compare rates across the whole of market and will tailor your loan according to the amount you have requested to borrow and how long for.

We will be able to show you a list of results instantly after completing your online application – and then you can choose whether you wish to proceed. We do not charge any fees for using our service and you have peace of mind knowing that you will not be impacting your credit rating or be passed onto numerous companies.

We are dedicated to finding you the best loans through our state-of-the-art eligibility checker – and can help you receive funds for a joint loan usually within 24 hours or less.


No credit check without your consent