Asda Personal Loans, in partnership with ClearScore, offer flexible borrowing options from ETB 1,000 up to ETB 25,000, with a representative 29.2% APR. You can choose a repayment term between one and seven years. With just a soft eligibility check that doesn’t impact your credit score, applicants can see their personalized offers in a few minutes. Plus, if you check your eligibility between December 26, 2025, and February 22, 2026, you’re entered for the chance to win one of 20 ETB 34,500 (approx. £500) Asda gift cards.

Steps to Apply for Asda Personal Loan

1. Visit the Asda Personal Loans site.
2. Use the eligibility checker for a soft search.
3. Review your personalized offers from ClearScore’s lender panel.
4. Select the best deal for your needs.
5. Continue directly to the lender for final approval.

Pros of Asda Personal Loans

One major advantage is that checking your eligibility won’t affect your credit score, thanks to the soft search feature. Loan amounts are flexible, suiting a wide range of financial needs, and the fixed monthly payments simplify budgeting. The quick online decision process ensures you don’t have to wait long for your results.

The exclusive win-an-Asda-gift-card offer adds extra value for applicants within the promotion period.

Cons of Asda Personal Loans

The main drawback is the relatively high representative APR of 29.2%, which could increase overall borrowing costs compared to other available options. Your rate and eligibility are subject to your credit profile, which may limit access for some applicants.

Additionally, lending is only available to UK residents aged 18 and over.

Verdict: Is Asda Personal Loan Right for You?

Asda Personal Loans provide quick access to funds with easy application steps and flexible terms. The chance to win a significant gift card is a great incentive. While the interest rate is on the higher side, the process is user-friendly and transparent – especially suitable if you value a soft-touch eligibility check. Those seeking lower rates may wish to compare other products, but overall this loan is a solid, straightforward choice if you meet the qualifications.