Cheap Loans

Looking around to see how low personal loan rates are?

8.9 %
APR
Typical*

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 loan repayment insurance could cover your repayments if you can't work due to accident, sickness or unemployment. It also includes life cover, so if you died the loan would be paid off.
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%	£154.08	£9,244.80
Marks & Spencer Money	9.9%	£157.42	£9,445.20	£200.40
Post Office	9.9%	£157.43	£9,445.80	£201.00
Barclaycard	9.9%	£157.60	£9,456.00	£211.20
Yorkshire Bank	10.9%	£161.03	£9,661.80	£417.00

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

†Our phone lines are open from Monday to Friday between 9am and 8pm and Saturday between 9am and 6pm. Calls are free from UK landlines, but calls from a mobile phone may be different. Calls are recorded and may be monitored for security, quality control and training purposes.