Personal loans

Personal loans can typically be used for any purpose with amounts available between £1,000 and £25,000 and repayment periods between 1 and 5 years.

Why a personal loan?

A personal loan, depending on your circumstances, can make sense to pay off credit card or store card balances because they typically have a much lower interest rate and by spreading the repayments over a period of time, the monthly amounts can be more manageable.

Lenders

There are a wide range of lenders offering personal loans, including:
Alliance and Leicester
Halifax
HSBC
LLoyds TSB

There are also many sites offering a loan search and comparision services which can be a great starting point if you are looking for a loan.

Financial Advice

If you are unsure whether a personal loan is right for you, then it makes good sense to seek Independant Financial Advice.

Chase saunders - secured loans

Personal loans

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