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Finding you a better loan deal

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UK Loan deals

Loans from
£1,000 to £2.5m

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We found 4 loans for £5,000 over 5 years

Min-max loan: £1,000 - £15,000
Cost: £89.4 per month
Term: 1 - 7 years
APR: 2.8%
£1,000 - £15,000
£89.4 per month
1 - 7 years
2.8%
more info

Representative Example: The representative APR is 9.9% so if you borrow £5,000 over 5 years at a rate of 2.8% (fixed) you will repay £89.4 per month & total amount payable £5,364.

PERSONAL LOAN - ALL CREDIT HISTORIES CONSIDERED

Min-max loan: £5,000 - £100,000
Cost: £103.19 per month
Term: 3 - 25 years
APR: 8.75%
Equifinance
£5,000 - £100,000
£103.19 per month
3 - 25 years
8.75%
more info Call now0800 0848 029

Representative example: Assumed borrowing of £18,000 over 120 months, with a fixed borrowing rate of 6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71. Total amount payable £26,945.40 comprised of; loan amount (£18,000); interest (£6,920.40); Broker fee (£1,530); Lender fee (£495). This would result in an overall cost of 9.1%

HOMEOWNER LOAN - POOR CREDIT HISTORY ACCEPTED

Min-max loan: £1,500 - £12,500
Cost: £167.65 per month
Term: 1 - 5 years
APR: 31.9%
£1,500 - £12,500
£167.65 per month
1 - 5 years
31.9%
more info

Representative Example: The representative APR is 31.9% so if you borrow £5,000 over 5 years at a rate of 31.9% (fixed) you will repay £167.65 per month & total amount payable £10,059.

PERSONAL LOAN - ALL CREDIT HISTORIES CONSIDERED

Min-max loan: £1,000 - £15,000
Cost: £394.35 per month
Term: 2 - 5 years
APR: 93.6%
£1,000 - £15,000
£394.35 per month
2 - 5 years
93.6%
more info

Representative Example: The representative APR is 93.6% so if you borrow £5,000 over 5 years at a rate of 93.6% (fixed) you will repay £394.35 per month & total amount payable £23,661.

PERSONAL LOAN - POOR CREDIT HISTORY ACCEPTED

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED. IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

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Peer to Peer Loans

Peer to Peer Loans

What is peer to peer lending?

Peer to peer lending (also known as crowd lending) is a form of borrowing and lending between individuals without a traditional financial institution such as a bank or building society being involved. Instead, if you wish to borrow money, the peer to peers websites will match you with people who are willing to lend it to you; and the same vice versa.

Advantages of peer to peer lending

  • As the banking middle-man is cut out, borrowers can often receive slightly lower rates, whilst savers can get considerably improved headline rates. 
  • Some peer to peer websites have no minimum loan amount, which is beneficial if you are only looking to take out a small loan.
  • The majority of peer to peer lending sites allow you to repay the loan early without paying penalty fees.
  • They provide an alternative form of funding if you have difficulty getting a loan from a bank or building society.

Considerations of peer to peer lending

  • If you have a poor credit score you might still be ineligible to obtain a peer to peer loan.
  • Interest rates of peer to peer loans still have the potential to be higher than building societies or highstreet banks if you have a poor credit score.
  • There is often additional arrangement fees required to pay for the loan.

Find the best peer to peer loans

Whilst peer to peer loans are not as ubiquitous as traditional loans, it is still important to shop around to look for the best deal. Additionally, as the criteria for each loan will vary depending on which peer to peer lending site you use, we recommend that you contact a mortgage broker, who can evaluate your personal circumstances and review the best options for you.
As a mortgage broker, we also work with the majority of peer to peer lending websites. This means we have access to leading and exclusive peer to peer lending deals that you won’t necessarily find on the high street.

If you would like to find out more about peer to peer lending, or would like to review your options, why not call us today on 0117 313 8872 for a free initial consultation.

5 reasons to use our Loan Service

  • 1
    Compare over 200 loans from over 20 lenders
  • 2
    UK market leading loan rates
  • 3
    Fast loan service - You could have a loan underwritten, approved and paid within 24 hours
  • 4
    Credit to suit all circumstances
  • 5
    Simple process

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