Barclays Partner Finance Loans

Are you thinking about a loan with Barclays Partner Finance Loans? Read our comprehensive guide to this loan, with loan details, customer reviews and company details all included.

About – Who Are Barclays Partner Finance?

Barclays Partner Finance is a trading name of Clydesdale. They provide loans to thousands of individuals and businesses in the UK.

The amount they will lend, the duration of your repayment and the interest rates will depend on your circumstances and credit score, we’ll go into more details below.

Barclays Partner Finance is authorised and regulated by the Financial Conduct Authority and complies with the Consumer Credit Act 1974.

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What are the key features of Barclays Partner Finance loan?

It’s important to analyse the key features of a loan carefully before you commit. Barclays Partner Finance offer 3 different types of fixed-term loan:

  • Personal Loan – interest free
  • Personal Loan – buy now pay later
  • Personal – interest bearing

The difference between the loans is the amount of interest and an option to defer payment. The other critical details of these Barclays Partner Finance Personal loans are the same:

Maximum loan amount: £50,000
Loan repayment period: 1-5 years
Secured: No

Information correct as of 01/04/21 (Barclays)

Barclays Partner Finance Website Reviews

How do I apply for a Barclays Partner Finance loan?

You can apply for a Barclays Partner Finance loan by calling them on 0800 16 15 260.

Will I be accepted for a Barclays Partner Finance loan? 

Barclays Partner Finance will assess you based on certain criteria. See if you qualify:

  • Age: 18+
  • Residency: UK resident for 3+ years
  • Income: You must have an annual income of £6000
  • Bank: You need to have a UK bank account and a mobile phone number and UK bank account to qualify for this loan.

Information correct as of 01/04/21 (Barclays)

Barclays Partner Finance Loans Reviews

Look at Barclays Partner Finance Loans reviews here.

Trustpilot review

*Information correct as of 11/06/21 (TrustPilot)

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How to complain about Barclays Partner Finance?

Should you need to make a complaint about Barclays Partner Finance, then you can use the details below to either write to them.

Clydesdale Financial Services Ltd t/a Barclays Partner Finance
Cadarn House
The Avenue Business Park
Cardiff
Cardiff
CF23 8FF
UNITED KINGDOM

If Barclays Partner Finance does not respond to your complaint then you should contact the Financial Ombudsman Service. They might be able to handle your complaint.

Information correct as of 01/04/21 (FCA)

Company information:

Barclays Partner Finance is a trading name of Clydesdale Financial Services Limited. After researching Companies House and their website, we found the following information about Barclays Partner Finance:

Date of incorporation: 23 February 1994
Company status: Active
Company number: 02901725
Company type: Private limited Company
Website: https://www.barclayspartnerfinance.com/
Address: 1 Churchill Place, London, E14 5HP
Opening Hours: 
Monday to Friday 9 A.M – 6 P.M
Saturday 9 A.M – 5 P.M
Phone number: +4408001522888

Information correct as of 01/04/21 (Companies House)

FCA registration:

The Financial Conduct Authority (FCA) is the conduct regulator for financial services firms and financial markets in the UK. 

FCA regulated: Yes
FCA status: Authorised
FCA reference number: 311753
Trading names: 
Barclays Partner Finance
Barclaycard Motor Loans
Personal Loans from Barclaycard
Place of business: 
Clydesdale Financial Services Ltd t/a Barclays Partner Finance
Cadarn House
The Avenue Business Park
Cardiff
Cardiff
CF23 8FF
UNITED KINGDOM

Information correct as of 01/04/21 (FCA)

Where are Barclays Partner Finance located?

You may want to speak with the loan company in person. If you do, it’s important to find a company whose offices are near your own address. Take a look at their office location on a map.

Are Barclays and Clydesdale Linked? 

Barclays Bank PLC owns a company by the name of Clydesdale Financial Services Ltd, and Barclays Partner Finance Loans is a trading name of Clydesdale Financial Services Limited. This means Barclays and Clydesdale have strong links.

Lending laws

The Financial Ombudsman Service has been spotting a number of issues relating to all types of loans. Following recent law changes from the FCA, lenders must abide by the following rules.

Law #1: The Affordability Test

Barclays Partner Finance must not let anyone sign for their products if they cannot afford them. This goes beyond a simple credit check by scrutinising every applicant. If they failed to meet the standards when checking their loan was affordable to you, you might be eligible to make a complaint and get a refund.

Law #2: Laws On Fees

Barclays Partner Finance must not charge you interest and fees beyond the capped amount. At the time of writing – and unlikely to change – they can only charge 0.8% per day and maximum default fees of £15.

Moreover, they cannot make you pay back more than 100% of the credit you borrowed. For example, if you borrowed £2,000 over the space of 12 months, you should never be made to pay back more than £4,000.

Law #3: Taking Payment Legally

UK companies like Barclays will expect that you repay via a Continuous Payment Authority (CPA). With a CPA, the company will be able to to take any amount they want from your bank, at any time they wish. 

They should always inform you before debiting your bank to help you budget. There are new regulations which have been introduced, and these mean that if the CPA fails to be paid twice, no further requests will be permitted.

There are also rules relating to the amount a company allowed to take using a CPA. They are no longer permitted to take partial payments. If you have insufficient funds to cover the full amount of the payment that is due, they would not be permitted to take anything at all. You can give permission to override this. 

Other Barclays Partner Finance FAQs

What is the Barclays Partner Finance registered office address?

Post a letter to them at 1 Churchill Place, London E14 5HP to make your case/complaint.

What is the Barclays Partner Finance website address?

The Barclays website can be found here: https://www.barclayspartnerfinance.com/home/. It should help customers answer your common questions about the company.

How do I pay off Barclays Partner Finance?

Discuss your payments and overpayments by calling their number: 0800 15 22 888. Phone calls are recorded. Or send them a message via their contact page on the Barclays site and one of their agents will reply. There is no email address listed.

How do I get my Barclays Partner Finance settlement figure?

Barclays Partner Finance can provide a settlement figure over the phone by calling their number: 0800 716 598. You can also find this information using the Barclays Partner Finance app and pay it off instantly. You will then be able to pay it off with a credit card or bank transfer.

References

CONC 2.1 Application

CONC 5.2A Creditworthiness assessment

CONC 13.1 Application

About the author

Scott Nelson

Scott Nelson is a financial services expert, with over 10 years’ experience in the industry, including 6 years in FCA regulated companies. Read more
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