Alliance and Leicester Loans

6.4% APR Typical is our rate for online applications for loans between £5,000 and £15,000 to new customers. We will review your past credit history and other personal details and the actual rate we offer may be higher depending on your circumstances.

They also offer good value loan protection insurance so for a small extra charge should you find yourself unable to meet the repayments due to ill health or in the event of unemployment they will repay the balance outstanding for up to 60 months which would be a real help in difficult times.

Often a Personal Loan can be a much more sensible buy than a credit card.  When you want to consolidate debts or take out a loan for that big purchase, buying a car, a holiday, renovating your house.

That's where an Alliance & Leicester personal loan can help.   You can borrow anything from £1,000 to £20,000 for whatever purpose you need with the reassurance of a fixed monthly payment and up to 5 years to repay the loan.  So you choose how much you borrow and for how long.  And its not a secured loan so your house or other assets are not taken into account when securing the loan.  Just a few simple details and an easy online application form which should take a few minutes.  You can even get an online decision within minutes.  There are no arrangement fees and no interview - simply fill out the online application.

The best thing about an Alliance and Leicester personal loan is the rate.  The typical rate on this loan is just 5.9% APR - far cheaper than a credit card and compared with other loan providers you could save up to £1200!  Just examine the table below to see the difference between an Alliance & Leicester loan and other High Street Banks. 

New customers taking £7,500 over 60 months

High St Banks	APR	Monthly Cost	Savings
Our Rate		£145.90	-
RBS	6.8%	£147.00	£66.00
Co-op Bank	7.2%	£149.42	£211.20
HSBC	11.9%	£164.19	£1,097.40
Barclays	14.9%	£174.89	£1,739.40

Source: Moneyfacts 14 March 2005

 

An Alliance & Leicester personal loan has a great rate great features and an easy online application - so apply now!