Barclays offers invitation-only personal loans. The information on its website is sparse but advertises no-fee, fixed rate loans where you choose your payment date.

While the lender used to offer loans to all applicants, you must receive an invitation to apply. However, Barclays doesn’t specify how to receive an invite.

If you have an existing relationship with the bank or are a member, you have the option to call customer service and ask.

Alternatives to Barclays loans

Although Barclays no longer offers personal loans to many borrowers, other lenders may be a good fit.

Lender APR range Loan amounts
LightStream 7.99%-25.49% (with AutoPay) $5,000-$100,000
Upgrade 8.49%-35.99% $1,000-$50,000
TD Bank 8.99%-23.99% $2,000-$50,000

LightStream

Rating: 4.6 stars out of 5
4.6
  • Green circle with a checkmark inside

    Pros

    • No fees.
    • High maximum loan amount.
    • Rate beat program.
    Red circle with an X inside

    Cons

    • High starting loan amount.
    • Very good credit required.
    • No tailored prequalification process.

Upgrade

Rating: 4.7 stars out of 5
4.7
  • Green circle with a checkmark inside

    Pros

    • Fair credit accepted.
    • Choose your due date.
    • Low minimum loan amount.
    Red circle with an X inside

    Cons

    • Origination fee.
    • High maximum APR.

TD Bank

Rating: 4.6 stars out of 5
4.6
  • Green circle with a checkmark inside

    Pros

    • Low starting APR.
    • Fast funding.
    • Prequalification available.
    Red circle with an X inside

    Cons

    • Fewer terms offered.
    • Strong credit score required.
    • Limited availability.

How to receive an invite from Barclays

Barclays does not provide information on how to request an invitation to apply for a personal loan. However, it encourages consumers to check the website regularly for an announcement regarding the availability of personal loan applications to the general public.