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Moneyback Bank
Typical APR - 6.2%, Loans available from £3,000 to £20,000
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Barclaycard
Typical APR - 6.1%, Loans available from £3,000 to £15,000
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Alliance & Leicester
Typical APR - 6.3%, Loans available from £1,000 to £20,000
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Alliance & Leicester
Typical APR - 6.4%, Loans available from £1,000 to £25,000
We have brought together a selection of superb loans for you to choose from. Everyone from time to time needs money, however if we can plan out our borrowing requirements beforehand and are able to compare all the options open to us, it can save us a lot of time and more importantly money ! Decide what type of loan works best for you and which one will suit your needs, budget and security.
Personal loans
This type of loan is usually unsecured against any asset and is ideal for any kind of purpose, be it a new car or a holiday for example.
Click here for our best buy UK personal loans
Secured loans
Secured are perfect for homeowners, the risk to the lender is less hence the interest rates will be less.The main reason to take out a secure loan would be to make improvements on your home, this would increase your homes value to offset the increased debt.
Click here for our best buy UK secured loans
Research by property website Hometrack suggests that UK house prices are nearing their peak and could soon start to fall. The interest rate rise in early May has at last slowed house price growth, and this could be bad news for buyers who have just bought a property.
The number of credit card companies charging fees has increased recently, and consumers have been advised to keep an eye out for them.
Payment protection insurance under fire
It has been claimed recently that when consumers take out a personal loan over the phone, they are being tricked into buying expensive payment protection insurance (PPI).
Minimum payments lower than interest charges on credit cards
Some credit companies have begun to set minimum monthly repayment levels which are lower than the interest charged. This means that with minimum repayments, the balance owed will increase – even with no further spending.