Abbey personal loan
If you prefer to know exactly what amount of money is coming out your account every month, then a fixed loan from Abbey could be the ideal product.
For loans of £5,000 or more, the interest rate is 7.9 APR, but any amount of between £1,000 and £20,000 can be borrowed.
The rate for those who want to borrow from £1,000 to £2,950 is 19.9 per cent APR. For those who need a little extra but not quite the full £5,000, the rate for £3,000 to £4,950 is 17.7 per cent.
Payment protection is also available for all Abbey loans. If the borrower is out of work due to unemployment or sickness, then Abbey can cover the loan payments for up to 12 months.
Abbey also provides additional loans, which offer 5.5 per cent for loans over £1,000 and a maximum of 95 per cent of the borrower's home. These loans are fro Abbey customers only.
*APR's correct at time of publishing.