Credit > Loans > UK Loans > Alliance and Leicester

Alliance and Leicester Loans

Alliance and Leicester is a well known high street bank giving you the security of a brand you can trust. It also means that you know you can go and see a live person at a branch if you need to.

Alliance and Leicester are currently offering a personal unsecured loan with a great interest rate.

It is a simple and straightforward loan with no special offers and gimmicks - just a good basic rate.

The typical APR is 5.91%, although some may get a higher rate than this depending on their personal circumstances and their credit history. The rate also only applies to those making their monthly payments via direct debit. If you want to pay in another way your rate may, again be higher than the typical rate.

Loans can be taken out for a wide number of purposes such as buying a car, home improvements or simply paying off higher interest debt such as credit card balances.

Repayment terms range from 1 to 5 years.

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Summary Table

Interest Rate	Typical 5.9% APR
Repayment Terms	1 to 5 years
Loan Amounts	£5,000 to £15,000
Secured?	No

Credit Sources Review

Alliance and Leicester are offering a good basic personal loan here.

The online application process is easy and straight forward, saving you time and effort.

This is a no-frills loan. No fancy flexible borrowing or payments but if you just want to borrow a lump sum and pay the same amount off each month it could be a great loan for you.

The interest rate seems very competitive with other similar lenders and a low rate means you can save quite a bit of money compared to the higher rates you can find elsewhere.

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