Best place for loans?
15 February 2002, 01:01 PM
#1
Scooby Newbie
Thread Starter
Join Date: Nov 2001
Posts: 5
Likes: 0
Received 0 Likes
on
0 Posts
Hi,
Does anyone know a good place to get a loan from? Its for 12k and the best APR I can find at the moment is 8.9% with the AA!
Can anyone get better?
Thanks in advance.
Does anyone know a good place to get a loan from? Its for 12k and the best APR I can find at the moment is 8.9% with the AA!
Can anyone get better?
Thanks in advance.
15 February 2002, 01:15 PM
#4
Scooby Regular
Join Date: Aug 2000
Posts: 342
Likes: 0
Received 0 Likes
on
0 Posts
Could consider the low rate credit cards (0% to 5%) and bounce the money to another at the end of the low rate period - however monthly payments are likely to be higher that those on a personal loan
15 February 2002, 01:26 PM
#6
Scooby Regular
Join Date: Jun 2000
Posts: 13,735
Likes: 0
Received 0 Likes
on
0 Posts
I can wholeheartedly recommend Egg - good rates (10.2 ish), but flexible payments, no penalty for early redemption, and the opportunity to take three "payment holidays" a year should you so desire.
It suits my financial needs, yours will be different
It suits my financial needs, yours will be different
15 February 2002, 01:32 PM
#7
Scooby Regular
Join Date: Jun 2001
Posts: 303
Likes: 0
Received 0 Likes
on
0 Posts
Try www.moneysupermarket.com
Lombard Direct are doing 7.4% down to £13999 - can't remember what the rate is for £12k.
Edit: but that blooming site is down today. Go direct to Lombard Direct here: www.lombarddirect.com
[Edited by SJobson - 2/15/2002 1:35:31 PM]
Lombard Direct are doing 7.4% down to £13999 - can't remember what the rate is for £12k.
Edit: but that blooming site is down today. Go direct to Lombard Direct here: www.lombarddirect.com
[Edited by SJobson - 2/15/2002 1:35:31 PM]
Trending Topics
15 February 2002, 01:57 PM
#8
Scooby Regular
Join Date: Aug 2001
Location: Hampshire
Posts: 10,954
Likes: 0
Received 0 Likes
on
0 Posts
15 February 2002, 03:06 PM
#10
Scooby Regular
Join Date: Aug 1999
Posts: 7,957
Likes: 0
Received 0 Likes
on
0 Posts
always find my dad works well. 0% often with no requirement for payback at all.
dont know if it is open to non family though, can always ask.
edited cos I missed out crucial word "no"
[Edited by Adam M - 2/15/2002 4:54:19 PM]
dont know if it is open to non family though, can always ask.
edited cos I missed out crucial word "no"
[Edited by Adam M - 2/15/2002 4:54:19 PM]
16 February 2002, 07:10 PM
#14
Scooby Regular
Join Date: Feb 2001
Location: Wiltshire
Posts: 2,583
Likes: 0
Received 0 Likes
on
0 Posts
Am I missing a trick with this parents thing... I've never actually had a loan (except mortgage 
) and don't recall being able to borrow money with no requirement to pay it back - Damn, seem to have managed to be in the situation of giving loans/gifts far more Any advice... Do I need to exchange my parents for Adam's or just nick/borrow/rent some richer ones 
) and don't recall being able to borrow money with no requirement to pay it back - Damn, seem to have managed to be in the situation of giving loans/gifts far more Any advice... Do I need to exchange my parents for Adam's or just nick/borrow/rent some richer ones
16 February 2002, 07:25 PM
#15
Scooby Regular
Join Date: Dec 2000
Location: In a village in Hants
Posts: 1,708
Likes: 0
Received 0 Likes
on
0 Posts
Never mind what the APR is, its the flat rate which counts. If you ask what this is half the time they either dont know or wont tell you...You can batter some of the big lenders down to 4.40% PAF which is very good....
£12k over 36 and 48 months is £377.33 & £294.00 and be very careful when they insist on their credit protection insurance as half the time its not worth the paper its written on...Not teaching you how to suck eggs or anything...I just hate the way some of these companies operate
Nath
£12k over 36 and 48 months is £377.33 & £294.00 and be very careful when they insist on their credit protection insurance as half the time its not worth the paper its written on...Not teaching you how to suck eggs or anything...I just hate the way some of these companies operate
Nath
18 February 2002, 10:21 AM
#17
Scooby Regular
Join Date: Dec 2001
Location: Arborfield, Berkshire
Posts: 12,387
Likes: 0
Received 0 Likes
on
0 Posts
Cahoot may seem the cheapest around at 7% but if you dig deeper you soon find that 7% is variable. Add to that the fact that you cant pay your loan off early as far as I can see. Much better going with Lombard Direct or Sainsburys at around 7.4%.
Thread
Thread Starter
Forum
Replies
Last Post