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HSBC: Personal Loan reviews

Name: Personal Loan
Rating: 3.66 (61 reviews)

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3.52

Based on 61 reviews, last reviewed 24th Mar 2025

100% increase in 5 star reviews

in the past 90 days

100% increase in 1 star reviews

in the past 90 days

55%

13%

26%

Latest highest rating:

5

Convenient location and friendly staff, sorted my pe... Convenient location and friendly staff, sorted my personal loan application out in a few hassle free mins Reviewed on: 26th February 2025

Latest lowest rating:

1

This HSBC spam is absolute waste of my time! Absolute waste of my time! I'm HSBC UK customer for 20 years. Having multiple private & business accounts with HSBC. So far I've paid around £ 3K on o... Read more Reviewed on: 24th March 2025

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About this product

HSBC personal loan reviews on Smart Money People are honest reviews. If you're trying to determine whether this is the right personal loan for you, reading our HSBC personal loan reviews can help you to find out what other people have to say. Smart Money People launched in October 2014 to help people like you to find the best personal loans. If you have used a HSBC personal loan, we'd love you to write a quick review too.

HSBC Personal Loan reviews (61)

Review of the HSBC, Personal Loan:

Quick and smooth loan application

My loan application was handled quickly and smoothly without any problems and with a very competitive interest rate. Reviewed on: 28th March 2016

This HSBC spam is absolute waste of my time!

Absolute waste of my time! I'm HSBC UK customer for 20 years. Having multiple private & business accounts with HSBC. So far I've paid around £ 3K on on basic fees to run my Advanced CA + probably around £5K on interests! ... For years I've been receiving SPAM letters from HSBC trying to sell me Personal Loan. ... Now I've actually applied for small £10K loan as proposed by bank, just to try how it works. Promised 24 hours handling time has now run up to 2 weeks and they keep asking me same questions over and over. On my last phone call I've run out of patients and told the I want to be just left alone! Very frustrating experience indeed :( Probably time for me to change bank. Reviewed on: 24th March 2025

Convenient location and friendly staff, sorted my pe...

Convenient location and friendly staff, sorted my personal loan application out in a few hassle free mins Reviewed on: 26th February 2025

Super quick service with no issues

Super quick service with no issues Reviewed on: 11th May 2024

Applied 5.8% apr loan

I applied for the 5.8% apr loan which went through then week later they messaged me to call then to discuss, when I called they said oh the rate has gone up for you it is 16.19%!! Absolutely ridiculous and a complete waste of my time. Have been with hsbc personal and business for over a decade I’ve never had negative balance never needed to use over draft always have money in my account. Hsbc take the most and give the littlest. Such a greedy useless bank. Will be changing to Halifax. Reviewed on: 15th June 2023

Good Reputable Company with clear terms and conditions.

Good Reputable Company with clear terms and conditions. Reviewed on: 3rd June 2023

Quick and convenient

Quick and convenient loans. Fair rates too Reviewed on: 2nd June 2023

Great customer service

Very honest and give people a chance. Reviewed on: 11th April 2023

Bank that offers Great products

I thought applying for a personal loan would never be easy. But HSBC proved me wrong! I wanted to buy a car, but I wasn’t eligible for a loan in other banks with which I’ve had accounts for more than 2 years. I was disappointed and frustrated as I struggled with public transport (I lived in a remote place where train/bus connectivity was poor). But HSBC offered me a loan, approved it and released funds in less than 24 hours. I am grateful for the support the bank has provided and I look forward to banking more with HSBC! Reviewed on: 25th March 2023

Although Covid is all but over.. The financial aftermath isn't yet

Very understanding regarding payment suspensions, polite and friendly staff, in a particularly frustrating time seeing as there was nothing any of us could Des about it. Reviewed on: 9th March 2023

Simple, no stress manageable

Ease through app usage, can monitor payments and keep track of the loan. No stress or hassle. Reviewed on: 13th September 2022

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