Loans and Application Information
A Personal Loan 4 You can help you find the best UK loan for your circumstances. With daily updates to our data you are never more than a click away from finding the best loan for your needs.
So whether you need a short term personal loan for a holiday or a long term secured loan we’re here to help.
We can provide loans that allow you to borrow between £1,000 - £25,000 over any period in six-monthly intervals between 12 months and ten years. If you are thinking of arranging a personal loan through us you will need to be over 18 years of age.
Applying for a Loan.
You will also need to have a regular income and be able to show the bank that you've managed your finances without any problems in the past. Providing that you can do this, you will able to benefit from the lenders competitive interest rates. It is worth bearing in mind that applications via the internet tend to be charged a lower rate of interest! so why not apply with us now
Although you may borrow amounts as low as £1,000, they will attract a higher rate of interest. Lenders operate personal loan in three interest rate bands: £1,000 - £2,950, £3,000 - £4,950 and £5,000 - £25,000.
The lowest APRs quoted by lenders are available on the highest loan band. The exact amount that you pay will be based on your credit rating and may be higher than the quoted typical APR.
You may be able to take repayment holidays on your loan based on the lenders criteria.
Remember
Always borrow responsibly. Never borrow beyond your means
Always read the small print. Whether you are considering a personal loan or secured loan you need to see if the following features are part of the loan:
An early repayment fee (also known as a redemption fee) if you pay back the loan before the end of the loan term. This can be as much as two months' interest, considerably adding to the cost of your loan
An arrangement fee for setting up your loan
Deferments and breaks – these can give you a break from paying the loan for a specified time. Any interest you would have paid in this time, is still payable and is added to your outstanding balance
