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Loans Latest News Men surfing the web for loan discounts
Loans Latest News Men surfing the web for loan discounts Men surfing the web for loan discounts
Men are increasingly going online when looking for new loan deals, according to new analysis.
Figures released by Halifax unsecured personal loans indicate that the internet is now seen as a speedy and practical alternative for researching the latest deals ? particularly for men.
Men are 50 per cent more likely to use the web than women for finding loans, with martial status also having a bearing.
Almost half of online applications are made by single people, with married couples accounting for 37 per cent of applications.
Max Vialou-Clark, head of business development at Halifax unsecured personal loans, said that applications online had risen in a number of sectors.
"The number of online applications has more than doubled in the last three years and shows no signs of slowing," he commented.
Office workers were found more likely to use the web for loan applications than other sectors.
Figures released by Halifax unsecured personal loans indicate that the internet is now seen as a speedy and practical alternative for researching the latest deals ? particularly for men.
Men are 50 per cent more likely to use the web than women for finding loans, with martial status also having a bearing.
Almost half of online applications are made by single people, with married couples accounting for 37 per cent of applications.
Max Vialou-Clark, head of business development at Halifax unsecured personal loans, said that applications online had risen in a number of sectors.
"The number of online applications has more than doubled in the last three years and shows no signs of slowing," he commented.
Office workers were found more likely to use the web for loan applications than other sectors.
Monday, 27 June 2005 15:38
Top 5 Personal Loans
|
Loan |
Representative APR |
Min Loan |
Max Loan |
Min Term |
Max Term |
Apply |
|---|---|---|---|---|---|---|
| View Full Table > | ||||||
 |
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. | ||||||
 |
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. | ||||||
 |
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. | ||||||
|
|
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. | ||||||
|
|
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. | ||||||
