Personal Loan Express
Specialising in one-off cases and lending on the basis of individual circumstances, you won't get the best rate here but you are pretty much guaranteed a product. So Personal Loan Express are a good lender of last resort.
Personal Loan Express examples (correct at publication date, uninsured):
| |
Monthly Repayment |
APR |
| £3000 across 2 years |
N/A |
N/A |
| £5000 across 5 years |
N/A |
N/A |
| £10000 across 7 years |
N/A |
N/A |
|
Anyone whose site begins with the exhortation "Hop aboard the personal loan express" needs a jolly good smack. That said, the Personal Loan Express principle is simple- any amount, over any term, to anybody. CCJ's, bad credit, no home security, self-employed- none of these are a barrier to finding some sort of product. Under what terms you'll get a loan is another story though, and just logistically, there are so many options that you'll really have to call Personal Loan Express to get a genuine offer rather than finding the rate on the website.
To breeze through some of the Personal Loan Express highlights, you can borrow up to 125% of the equity of your home (of course, that's secured)- and since the days of negative equity are closer than we may think, this may be attractive. That might also be useful if you're starting a business. You can defer payments on some loans for up to three months, and also there's a nifty product which will repay your payment protection premium if you don't use it. Now, of course, Personal Loan Express will make their money from you somehow, but the fact remains free payment protection is a big bonus for a worry-free night's sleep.
You can borrow from £3,000 to a very high £75,000