When am I eligible for a top up?
You could be eligible to apply for a top up loan when:
- You've made a minimum of one repayment
- You haven't missed any repayments in the last three months
- The balance of your existing loan is £9,500 or less (our minimum payout is £500)
- You are able to afford the top up loan amount
Also, if you have topped up three times in a six month period, we'll need you to make three monthly payments to become eligible again.
You can apply for a top up loan using either the same guarantor or a completely new one, as long as they are aged 18-75, haven’t had trouble paying their bills in the past, and can afford to make the monthly payments if you don't.
Before you borrow more money from us, we'll need to go through our eligibility checks with you and your guarantor, then check that you can afford the new loan.
To see if you are currently eligible to apply to top up your loan, log into your account.
To see how a top up works, click here.