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The Best Unsecured Loans On Market This Week

Wednesday, 07 Mar 2007

Moneyback bank are offering a personal loan for £5000 to £20,000 for 6.1%, for a minimum of a year and a maximum five years. And if you take out the permanent protection insurance they offer, you will get money back each year up to a maximum of £40. Early redemption fee is one month, but no repayment breaks are allowed. Debt consolidation is feasible with this loan. Based on £5,000 for 60 months, monthly repayments are £96.90 to a total of £5,813.80.

Northern Rock’s current best offer is 6.2% on £5000 to £25,000, with minimum and maximum periods of 12 months and 120 months respectively. There is no arrangement fee, no early redemption fee, but there are no repayment breaks allowed. Debt consolidation is possible with this loan. Based on £5,000 for 60 months, monthly repayments are £97.13 to a total of £5,827.78.

The loan on offer from GE Money is 6.3% on £5,000 to £25,000 with a period of one to seven years. This is only available to applicants over 24. There is no arrangement fee, but an early redemption fee of one month. Debt consolidation is possible, but joint applicants are not allowed. Based on £5,000 for 60 months, monthly repayments are £97.36 to a total of £5,841.78.

The Personal Loan on offer from Bradford & Bingley is 6.7% for £5,000 to £25,000 over 12 to 84 months. It has no arrangement fee, an early redemption fee of one month and no repayment breaks are allowed. Joint applicants are allowed and debt consolidation is possible. Based on £5,000 for 60 months, monthly repayments are £98.30 to a total of £5,897.99.

The loan on offer from Eskimo is 6.9% on £5,000 to £25,000 with a period of one to eight years. This is available to applicants over 21. There is no arrangement fee, and no early redemption fee. Debt consolidation is possible, but joint applicants are not allowed. Based on £5,000 for 60 months, monthly repayments are £98.77 to a total of £5,926.22.

Stroud & Swindon’s offer is 6.9% on £5,000 to £25,000, with minimum and maximum periods of 12 months and 84 months respectively. There is no arrangement fee, and an early redemption fee of one month. No repayment breaks are allowed. Debt consolidation is possible with this loan, and joint applicants are allowed. Based on £5,000 for 60 months, monthly repayments are £98.77 to a total of £5,926.22.

The Personal Loan on offer from Northern Bank is 6.9% for £5,000 to £25,000 over 12 to 60 months. Available to anyone over 18, it has no arrangement fee, an early redemption penalty of one month and no repayment breaks are allowed. Joint applicants are allowed and debt consolidation is possible. Based on £5,000 for 60 months, monthly repayments are £98.77 to a total of £5,926.22.

Tom Smith
30th May 2007

Rates correct as of 30/5/07

Source: http://www.ukpersonalloanstore.co.uk/articles/052007/best-unsecured-loans.html

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