Alliance and Leicester shaves personal loan rate

Alliance and Leicester shaves personal loan rate

Alliance & Leicester has reduced its unsecured personal loan rate by 0.5% - the new typical APR coming in at 6.1%.

Alliance & Leicester has reduced its unsecured personal loan rate by 0.5% - the new typical APR coming in at 6.1%.

A&L's new rate is offered to customers applying for a loan between £7,500 and £20,000 - the loan available over the telephone, Internet or via branch for Premier current account customers.

Minimum overall loan is £1,000 - maximum £20,000. And with repayment terms from 1-5 years during which fixed monthly repayments run for the period of the loan.

There are no arrangement fees. Meanwhile, optional loan protection is available.

Click here to view the full details of the Alliance and Leicester Loan offer!

Saturday, 14 January 2006 12:00
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Top 5 Personal Loans

Loan
Representative APR
Min Loan
Max Loan
Min Term
Max Term
Apply
View Full Table >
Nationwide Loan (£7,500 - £14,999)
6.8%
£7,500
£14,999
1 Year
5 Years
Representative Example: £7500 borrowed over a period of 5 years at 6.8% (fixed) equals monthly repayments of £148 and a total amount repayable of £8,868. There are no other charges included in the total charge for credit.
Sainsbury's Loan (£5k - £7,499)
8.2%
£5,000
£7,499
1 Year
7 Years
Representative Example: £5000 borrowed over a period of 5 years at 8.2% (fixed) equals monthly repayments of £102 and a total amount repayable of £6,112. There are no other charges included in the total charge for credit.
TESCO
6.1%
£7,500
£14,999
1 Year
10 Years
Representative Example: £7500 borrowed over a period of 5 years at 6.1% (fixed) equals monthly repayments of £145 and a total amount repayable of £8,721. There are no other charges included in the total charge for credit.
Sainsbury's Loan (£15,001k to £25k)
8.1%
£15,001
£25,000
1 Year
7 Years
Representative Example: £15001 borrowed over a period of 5 years at 8.1% (fixed) equals monthly repayments of £305 and a total amount repayable of £18,293. There are no other charges included in the total charge for credit.
Sainsbury's Loan (£7.5k to £15k)
6.1%
£7,500
£15,000
1 Year
7 Years
Representative Example: £7500 borrowed over a period of 5 years at 6.1% (fixed) equals monthly repayments of £145 and a total amount repayable of £8,721. There are no other charges included in the total charge for credit.