Apply
Complete the online application and provide digital bank statements via Experian’s Affordability Passport.
Review
Our underwriters will review your application, usually within a working day.
Complete
If your application is approved, funds will be released within a working day.
Vehicle Loan Criteria
Age
Between the ages of 21 and 71 (at the end of the loan term)
Location
You must have been a UK resident for at least the last two years.
Employment
You’ll need to have monthly income after tax of at least £1,300 or £1,800 if you’re under 30 years of age to be eligible.
Credit History
Not currently, or in the last 12 months been subject to an IVA, DMP or Trust Deed.
Financial Status
Must not currently be bankrupt or have been discharged from bankruptcy in the last 3 years.
| Is this loan right for me? - A Norwich Trust loan may be suitable if you are a UK homeowner looking for an unsecured fixed-rate loan and can afford the monthly repayments for the full term. It may not be suitable if you are struggling with essential bills, already missing repayments, or if extending borrowing would increase the total cost of credit in a way that is not affordable to you. If you have experienced recent defaults, missed payments or CCJs, eligibility will depend on your individual circumstances and affordability assessment. |
Who are Norwich Trust?
We are a trusted UK direct lender based in Norwich, Norfolk, who provide unsecured homeowner loans. We help homeowners across the UK access affordable finance without securing the loan against their property. Norwich Trust was incorporated in 2020 and we began lending under the Norwich Trust brand in 2024. As part of the Norfolk Capital Group, we benefit from more than 30 years of experience supporting people who may have been declined by high street lenders or have less-than-perfect credit. We are proud to have an Excellent Trustpilot rating, reflecting our commitment to outstanding customer service and positive customer experiences.
Whether you're looking to consolidate existing debts into one manageable monthly payment, fund a home improvement project, cover unexpected expenses, or achieve other financial goals, our experienced team is committed to finding a solution that works for your circumstances and we aim to get a decision to you within a working day. At Norwich Trust, we believe borrowing should be straightforward, transparent, and focused on achieving positive customer outcomes. We take the time to understand your individual needs, providing clear guidance throughout the application process, ensuring every loan is both responsible and affordable.
Our mission is to make unsecured homeowner loans accessible to those who need them most, helping customers across the UK move forward with confidence, even when traditional lenders have said no.
Frequently asked questions about vehicle loans
We do a soft credit search when we check your eligibility which won't affect your credit score and won't appear if other firms do a credit search. If your loan is approved the search will become a "hard search" at which point it will appear on your credit file and may affect your credit score.
Norwich Trust offers loan repayment terms ranging from 3 to 10 years, depending on the amount you borrow and your individual circumstances.
A longer repayment term can help reduce your monthly repayments by spreading the cost of borrowing over a longer period. However, borrowing over a longer term may increase the total amount repayable as interest is charged for longer.
All applications are subject to affordability and eligibility requirements.
It may be possible to get an vehicle loan with a less-than-perfect credit history. Norwich Trust specialises in helping UK borrowers who may have had credit challenges in the past.
Yes. If approved we transfer the funds directly into your personal account, so you will need to arrange the purchase of your vehicle. This money can be used towards a new vehicle or second hand.
Norwich Trust offers vehicle loans of between £3,000 and £25,000 subject to affordability and eligibility requirements.
The amount you may be able to borrow will depend on your individual circumstances, including your income, existing financial commitments and overall affordability.
No. We are an unsecured lender, meaning nothing is secured. You will own the vehicle outright and make your monthly loan repayment to Norwich Trust.
Our interest rates range from 25.9% to 29.9% APR and are fixed for the whole of the loan term. The APR is based on the loan amount, so what you see is what you get.
Content maintained by: Abbey Nichols-Henderson | Last reviewed: 13/10/2026