How much can I borrow?

Our loans are available from £1,000 to £20,000.

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How long can I borrow the money for?

You can repay your loan over 12 to 60 months (12 month term only applicable for loans under £15,000).

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What can I borrow the money for?

You can take out a loan for almost any reason including home improvements, buying a car, taking a holiday and a whole host of others.

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What does Representative APR mean?

The Representative APR (Annual Percentage Rate) is the interest rate we offer to our customers who apply for a particular loan amount. We may offer a different APR based on your personal circumstances and the amount that you want to borrow.

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What information do I need to apply for an Argos Personal Loan?

To complete your Argos loan application we'll need:

A form of identification

  • Your bank sort code and account number you’d like the funds transferred to
  • Your debit / Credit Card details (to help verify your identity and protect you from fraud)
  • Your home telephone number
  • Your address details for the past 3 years
  • Your employer’s name and address
  • Details of your monthly income and rent or mortgage

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What is credit scoring and how do you use it?

Using the information you have provided, together with details from a Credit Reference Agency, we assess your application and give it a score. This score is then matched alongside our 'acceptance' score, which is based upon detailed analysis of our experience with previous applicants.

If your application reaches the 'acceptance' score, your application is accepted. If it does not reach this score, it is refused. Credit scoring evaluates the risks attached to an application. This doesn't mean that a refused applicant is a bad payer, but simply means that our acceptance requirements haven't been met.

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Is there a fee for arranging my loan?

No, there isn’t a fee to arrange your loan.

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How quickly will I receive a decision on my loan application?

In many cases we are able to provide an approval decision instantly after you apply online. However, there may be times when this isn't possible or we may need additional information from you.

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How secure is my online loan application?

You can rest assured that every online loan application is protected by the latest 128-bit encryption security software.

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What happens if I want to repay my loan early?

You can repay your loan early at any point during the lifetime of your loan by repaying both the capital outstanding and any accrued interest. There will be an early settlement charge.

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Need to make a complaint?

If you're unhappy with the service you have received on your Argos Loan provided by Creation, you can contact them through email, post or telephone. Creation are always here to help, and take your complaints seriously.

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