Applying for a loan

Our loans range from £2,500 to £25,000.

Repayment terms are available from 2 to 5 years.

We do not offer preferential rates for any new or existing customers. Our rates are competitive for all customers.

To apply for a Hitachi loan you must meet the following criteria:

• Aged 21 or over
• Hold a bank or building society account
• A permanent UK resident (and have been living in the UK for at least 12 months)
• In permanent paid employment or retired with a pension
• Have a good credit history

If you apply online and your loan is accepted, you can e-sign your application form online meaning there is no need to complete a paper application. 

If you apply online, the application process should take no longer than ten minutes. If your loan is accepted, you can e-sign your application form online too, which enables us to get the funds to you much quicker.

Start your online application.

However if you would prefer to speak to someone, please call 0343 351 9112 and a member of our Loans Team will go through the application with you. All inbound and outbound calls may be recorded for training and monitoring purposes.

This should be the total time you have held a mortgage at the address you are using for your application.

This should be the total time you have been a customer of the bank you are using for your bank details on your application.

The decision will be instant once you submit your application. In some cases, we may require additional information from you before we make a final decision.

Your loan will usually be credited to your bank account within two working days of us receiving your signed agreement and completing our checks.

No. We do not charge any arrangement fees.

No. We do not charge any additional fees.

We conduct a search of your credit file through a Credit Reference Agency to assess your current and settled financial commitments and the payment history shown against these.

The search is based on your name and the addresses you provide to us when you apply to use our finance facilities. A record of our searches will be shown on your credit file to make other lenders aware we have requested information about you.

If your loan has been declined and you're unhappy with our decision, you can email us at referrals@hitachicapital.co.uk or write to us at:

Underwriting Department
Hitachi Capital Consumer Finance
Leeds
LS11 9BH

You can also get a copy of your credit report from the following credit reference agencies:

Experian Ltd
Experian Help Service
PO Box 8000
Nottingham
NG1 5GX

www.experian.co.uk

Consumer Service
Callcredit Limited
PO Box 491
Leeds
LS3 1WZ

www.callcredit.co.uk

When writing to the Credit Reference Agencies please ensure you enclose a £2 administration fee.

If you’ve been declined, you can apply again, however, we would recommend waiting at least 3 months or until your circumstances have changed before you do so. This is because making several applications close together could have a negative effect on your credit score, and could make it harder for you to get accepted in the future.

Your credit file will not show the outcome of any applications; lenders can only see whether you have applied, not whether you have been approved or declined.

If you have been declined for a Hitachi Personal Loan, you can apply again, however we recommend waiting at least 3 months before doing so. This is because a large number of applications within a short space of time could affect your ability to obtain credit.

The rate that is displayed is a representative rate which represents the APR that the majority of our customers will receive. For the customers that we are unable to offer this rate to, we may be able to offer you a loan at a higher APR, with a higher monthly instalment.

We take into account all the information you supplied on your application, along with an up-to-date search of your credit file to determine whether we can accept the application, and also determine what rate we can offer you.

To discuss your options for further borrowing, please contact our Loans Team on 0343 351 9112 or email loansteam@hitachipersonalfinance.co.uk to arrange a call back.

Unfortunately, we do not currently offer joint loans.