Loans Guide
personal loans |
Alliance and Leicester Loan
Alliance & Leicester are one of the UK’s best know and trusted banks they have over five and a half million personal customers in the UK and are amongst one of the biggest mortgage lenders in the country. As an ex-building society they have concentrated on customer service and satisfaction and have created all of their products that their customers want and like.
The Alliance and Leicester loan is available to tenants and homeowners alike it is quick easy way to get money for that next purchase whether it’s a holiday or home improvements or to consolidate all of your other debts. You do not have to hold a current account with Alliance & Leicester to apply for this loan
With the Alliance and Leicester loan you can borrow between £5,000 to £15,000 with a low APR over one to five years. You choose the amount you want to borrow and the payback period that suits you. Because you choose the amount and time period that suit you Alliance & Leicester will calculate a fixed monthly payment that won’t change during the life of the loan.
What is an APR?
APR is an abbreviation for “Annual Percentage Rate”. APR is the rate of interest which you pay back when you take out a loan with a bank or building society. For example if you borrow £1,000 and your APR on that loan is 10% then the total amount you will need to pay back is £1,100, the £1,000 you borrowed and the £100 interest.
How long do I have to pay the loan back?
With Alliance & Leicester you can pay your loan back between one and five years, this will be agreed with Alliance and Leicester prior to you taking the loan out. You will also agree a set amount which you will pay back. Typically Alliance & Leicester require payments be made on the loan every calendar month.
Because Alliance and Leicester will set up a direct debit from your bank account for you, you won’t have to fill in any forms or deal with any administration with your current bank. Together with fixed monthly payments this makes it one of the easiest to deal with loans in the market.
Alliance & Leicester Misspellings
Sometimes there are misspellings of the Alliance & Leicester name and general common personal loans words, here are a list of the most common misspellings we see:
- Alliance and leicster
- Allianse and leicester
- Alliance and leicter
- Alliance and lester
- Alliance and leister
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