Abbey Green Loan

The Abbey Green Loan is designed for people who have the environment in mind and want to borrow money for a green purpose, for example, buying an environmentally friendly car, and has the added benefit of planting five trees for each loan taken out. So, if you need to borrow money for a 'green' purpose, such as making energy-saving changes to your home by installing solar panels or insulation, or buying a season railcard to cut down on your carbon footprint, then this could be the loan for you. Other features of the Abbey Green Loan include:

Borrow from £1,000 to £25,000
Repay the loan over a 1-8 year period
Fixed monthly payments
No set up fees
Optional Payment Protection Insurance

If you are already an Abbey customer, for example if you have a current account or mortgage with them, then you can apply online, otherwise you can apply over the phone. You also have to have a good credit rating to be considered for this loan. However environmentally beneficial the Abbey Green Loan might be, you should also check that it is financially friendly, so use our free online comparison service to compare it with other leading deals on the market and see if it's right for you.