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Low Interest Loans
Low interest rates may not be good for savers
but anyone taking out an unsecured personal loan has a wealth of cheap
offers to choose from.
Consumers in the UK are collectively losing £1.2 billion a
year in expensive personal loans because they don’t shop
around for the lowest interest rates, according to research by
Datamonitor and the British Bankers Association.
Borrowers would save themselves a considerable amount of
money by switching to lenders offering low interest rates for
personal loans.
Some of the lowest interest rates can be found online with
rates of around 6% APR. A low interest loan is
perfect for anyone looking to either consolidate their debts or
make that special purchase in the coming months
The table below summarises some of
the lowest rates available.
Low Interest Loan Rates
| Good Credit History | | Loan | APR | Summary | |
|---|
| Platinum Exclusive | 7.7% | CHEAPEST Homeowner Loan in the UK for loans from £10,000. Typical APR 15.4% | Apply / Details | | Alliance & Leicester | 7.8% | For loans of £7,500 - £14,950. Apply online for a quick decision. Typical APR 7.8% | Apply / Details | | Sainsbury's Personal Loan | 7.8% | Earn Double Nectar points on Sainsbury's shopping for 2 years. Typical APR 7.8%. | Apply / Details | | Santander | 7.9% | For loans of £7,500 - £14,950. Apply online for a quick decision. Typical APR 7.9% | Apply / Details | | Blackhorse Personal Finance | 8.5% | HOMEOWNER LOAN: 8.5% APR on loans of £15,001 - £25,000. Typical APR 12.9% | Apply / Details |
| | Fair | | Loan | APR | Summary | |
|---|
| Ocean Finance | 11.9% | Loans for homeowners. Fixed for loan term available. Typical APR 17.9% | Apply / Details | | FLM Loans | 42.6% | £500-£3,000. Will accept anyone with friend or family homeowner guarantor. Typical APR 42.6% | Apply / Details | | Aspire Money | 53.9% | For loan terms of 24 to 60 months. Typical APR 53.9% | Apply / Details |
| | Poor | | Loan | APR | Summary | |
|---|
| Norton Finance | 15.9% | Loans for homeowners. Fixed for loan term available. Typical APR 17.9% | Apply"Details | | Ocean Finance | 16.4% | Loans for homeowners. Fixed for loan term available. Typical APR 17.9% | Apply / Details | | FLM Loans | 42.6% | £500-£3,000. Will accept anyone with friend or family homeowner guarantor. Typical APR 42.6% | Apply / Details | | Aspire Money | 53.9% | For loan terms of 24 to 60 months. Typical APR 53.9% | Apply / Details | | Provident | 272.2% | £50 - £500. Weekly repayments collected from your home. Typical APR 272.2% | Apply / Details | | Greenwood Personal Credit Cash Loan | 433.4% | £50 - £500. Weekly repayments collected from your home. Typical APR 433.4% | Apply / Details |
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and accepts no responsibility or liability for any loss or
damage incurred as a result of relying on information contained
on this website.
If you have a specific problem you are advised to consult an
appropriately qualified professional. |
