Barclays was founded with the sole aim of making an easy gateway to financial security and stability for those who are willing to reach that stage! Barclays is a famed universal bank offering retail and financial banking services to individuals and lending personal, automobile, small business loans.
Barclays Personal Loan
Officially known as Barclays plc, it is a multinational investment bank and financial service organization based and headquartered in London, UK.
Right now, Barclays is successfully serving more than 36 million customers worldwide. Barclays values every single customer relationship by offering tailor-made loans and financing according to the requirement and the purpose. Barclay’s promise never to lose sight of the welfare of their clients.
Barclays is offering up to whooping $35,000 as Barclays Personal Loans. Users who are pre-qualified can readily apply for their desired loans and get approved almost instantly! The only condition is that prospective borrowers must have received intimation from the end of the Barclays regarding their pre-approval.
Eligibility Criteria
Barclays offers the pre-approval based on the eligibility criteria and credit record of the borrower obtained from the major credit bureaus.
Though factors like transaction history, income pattern and many more are taken into account while determining a pre-approved borrower, here are the primary eligibility criteria that are taken into account:
- The applicant must have reached the age of maturity that is 18 years or older.
- Applicant must be legal resident/citizen of the United States of America
- The applicant must have a decent credit score.
- The applicant must have a fixed source of steady income. (Job, veteran affairs payment, child support, etc.)
Why opt for Barclays Personal Loan
Barclays Personal Loans are easy and convenient. It is much more flexible than any other existing personal loan. Below features, make Barclays Personal Loans makes the coveted one among the borrowers:
- Comparatively low rates than the existing loans ranging from 99 % to 20.99 %.
- The borrower has the flexibility to choose their fixed monthly payment with their desired tenure of repayment.
- $0 processing fees.
- Zero effect on credit score for checking the rates.
- Flexibility to choose the due date.
- Pay off your loans early without paying an extra charge.
- Convenient loan terms of 36, 48 and 60 months.
Get started with the loan application
As discussed earlier, one cannot simply go and apply for Barclays Personal Loan. The borrower must receive pre-approved offer mail from the end of Barclays to successfully initiate the application.
To begin your application, go through these points:
- Keep the pre-approved offer mail before initiating the application.
- Open the browser and visit www.barclaycardusloan.com.
- Enter the invitation code located on the offer letter.
- Enter the last name o the applicant as it is exactly mentioned in the letter.
- Click on Continue.
While making the application, the following things must be kept in mind:
- After proceeding with the invitation code, the applicant needs to check their APR and lock the suitable one which will be final. (4.99 % to 20.99%)
- Next, you need to select your desired loan terms and receive your guaranteed rate.
- Subsequently, you need to enter the following information:
- Full Address.
- Phone Number.
- Email Address.
- Social Security Number.
- Employment background.
- Financial Background(income details and source)
- Savings/Checking Account where the applicant intends to deposit the loan amount.
- Applicants who wish to deposit their loan amount as credit balance need to enter their credit card info. Up to five credit cards are allowed.
- Make sure to keep the above information handy. Also you need to upload the relevant documents via Secure Application Centre to support the above entered information when asked (.pdf, .doc, .jpg, .gif, .png and .bmp).
- Based on the information entered and chosen APR, your personal loan amount will be determined. Also, your credit score is taken into account while making the calculation.
- Finally, the applicant needs to select the loan amount and confirm the application.
- On confirming the application, funds will be disbursed within a few business days (depending upon the applicant’s financial institution’s procedures and policies).
Track the status of the loan application
The application may take time as Barclays would check the record of the applicant and their financial history. The applicant can come back anytime and check the status of their application. For that:
- Open the browser and visit www.barclaycardusloan.com.
- On the top right click Check My Application.
- Enter the following information:
- Reference Number. (Send to your email address as confirmation for loan application).
- Last four digits of the applicant’s Social Security Number.
- Applicant’s mother’s maiden name.
- Click on Log In.
In case, you haven’t’ received your reference number,
- Open the browser and visit www.barclaycardusloan.com.
- On the top right click Check My Application.
- Click on Don’t have my reference number
- Enter the following information of the applicant as entered during the application:
- Last Name.
- Registered Email Address.
- Last four digit of Social Security Number.
- Zip Code.
- Click on Log In.
Read Also.. How to login to your Ulti-Pro portal
Barclays Customer Support Help Desk
In case of any concerns or feedback, you can always connect with Barclays through various channels.
Via Phone:
- General Inquiries
1-866-951-1416
- Complaint
1-866-225-9725
- International
1-302-255-8888
- TDD TTY Services
1-866-483-3705
Via Fax:
1-866-464-8526.
Via Mail:
Visit loans.barclaysus.com/contact-us.html directly and check the mailing address department wise and write din your concerns.
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