Hitachi Personal Finance

 Since being founded in 1910 Hitachi Limited has grown to become one of the world’s largest corporations offering a diverse range of products, they are now offering personal loans through their Hitachi Personal Finance arm which can also grant you access to homeowner loans supplied by Freedom Finance.

Whether you are looking to borrow some money for a one off big purchase, consolidate debt or something else, Hitachi Personal Finance might have the right plan for you.

With taking out any kind of loan the most important thing is to get the best deal you can for you. Because of this shopping around and doing your research before you take out a loan is a good idea. You can use the comparison tool on FairLoans to compare over 200 different loans from over 20 different lenders, including Hitachi Personal Finance to see what some of your options are.

About Hitachi Personal Loans

• Borrow from £2,500 to £25,000

• Repayment terms of 2 to 25 years

• Quick online application process with instant decision

Will pay funds within 48 hours

Eligibility criteria

• You must be over 18 years old

• You must have a UK bank or building society account

• You need to be either in; permanent paid employment, self-employed or retired with a pension

• You need to have a good credit score

Although the maximum amount Hitachi Personal Finance will loan with this plan is £25,000 that does not guarantee that you would be able to borrow this amount if you applied. The actual amount you could borrow would be affected by your personal financial information such as how much you earn and your credit history. This could also affect the actual APR you are offered.

Homeowner Loans

If you wish to borrow a larger sum of money and you are a property owner a secured homeowner loan supplied by Freedom Finance through Hitachi may be an option for you, a homeowner loan generally allows people to borrow up to £250,000 secured against their homes. The actual amount you may be able to borrow will be dependent on the value of the equity you own in your home as well as your financial circumstances.

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it. If you are at all unsure of the suitability of a particular product for your circumstances you should seek independent financial advice.