Cheap Loans

Looking around to see how low personal loan rates are?

8.9 %
APR
Typical*

Variable for loans
£7,500 - £15,000

A loan from Alliance & Leicester could be the ideal way to make the things you want more affordable. You could enjoy the holiday of your dreams, improve your home or buy a new car

Our low rate cheap loans cost you less!

Our personal loans are available to both new and existing customers
Our typical* rate is 8.9% APR for personal loans between £7,500 and £15,000
Don't forget our optional personal loan protection insurance could cover your repayments if you can't work due to illness, accident or unemployment
You'll find our online loans application form both easy to use and completely secure. It takes about ten minutes to complete and in most cases we'll get a decision to you within 24 hours

Compare our personal loans with other banks

This table is based on a new customer taking out a personal loan of £7,500 (without insurance) for a term of 60 months.

Bank	APR typical^*	Monthly cost	Total payable	Saving
A&L	8.9%	£154.21	£9,252.60
Halifax	10.4%	£161.94	£9,716.40	£463.80
Bank of Scotland	10.4%	£161.94	£9,716.40	£463.80
NatWest	10.9%	£160.91	£9,654.60	£402.00
Royal Bank of Scotland	10.9%	£160.91	£9,654.60	£402.00

Source of competitor data: Moneyfacts.co.uk - the money search engine 29.09.08

*8.9 % APR is our typical rate for loans £7,500 - £15,000 entered into through this source. We will review your past credit history and other personal details and the actual rate we offer may be higher depending on our assessment of your personal circumstances and financial behaviour.

Important Information

^†Lines open: Monday to Friday 8am to 8pm, Saturday and Sunday 9am to 6pm. Calls are free from UK landlines although call charges may vary from mobile phones. Calls are recorded and may be monitored for security, quality control and tracking purposes.