Although Britannia loans are not currently available, as Britannia have become part of the Co-operative bank you may be interested in some of their loans.
Co-operative personal loans feature
- Borrow from £2,000 to £25,000
- Repayment terms from 12 to 84 months
- No arrangement fee
- Early repayment option
- UK based call centres open 24/7
- Borrow money in £50 increments
In order to eligible for a co-operative loan you must:
- Have held your Co-operative Bank or Britannia account for a minimum of 1 month
- Be a UK resident and be 18 years old or older
- Not have any county court judgements against you
- Not have been 3 or more payments in arrears on any credit agreement in the last 6 months
Co-Operative Bank loan calculator
To get a rough estimate of the amount you could use a calculator like the Co-Operative Bank loan calculator to see what the loan repayments would be with a Co-Operative personal loan. However the actual APR you might be offered if you were to apply for the loan may be different from the one used by the loan calculator. This is because lenders will consider more than just how much you want to borrow and how long for when they actually receive your application, they will take into consideration things like your credit history and current financial circumstances, which will influence the APR they will offer you.
Before you apply for a loan
A loan of any type can be a big decision and is a long-term commitment. Therefore it is wise to shop around and try to find the best option for you. Loans like credit cards, current accounts and other financial products can vary greatly from plan to plan and lender to lender. Because of their different rates as well as terms and conditions the right plan for one person is not necessarily the right plan for everyone else. Using the free comparison tables on this website you can get an idea of what different lenders might have to offer.
As well as shopping around before you take out a loan, it is also a good idea to consider alternatives to borrowing , for example if you have any savings it might be beneficial to use these instead; as it may be that the interest you pay on a loan will be higher than any interest you earn in your savings.
Review of Britannia
History: Britannia Building Society were founded in 1856 known then as Leek & Moorlands. Through a series of mergers the Britannia you know today has over 2 million members who share in the profits of the Society.
The Britannia BS is the UK’s second largest building society with £20 billion approx in assets.
Britannia have over 3,500 staff and put emphasis on high service standards.
Disclaimer: Every effort is made to keep the site accurate, however we cannot guarantee that a Personal Loan issuer has not increased or decreased one or more of the APRs or fees/charges associated with a loan deal or changed its features, obligations or benefits. Please be sure to read the Britannia Loan agreement fully and carefully before making any agreement.