Some of the benefits of a car loan with Credit Plus loans include:
- An instant online decision on your loan
- A comparison of quotes from across the market
- You can part-exchange your old car
- Loans come with a 7 day money back promise
- You can print off the documents online
- Database of vehicles to choose from
- Range of providers including Santander and Barclays
Before you apply for a loan
As taking out a loan is an important decision you should think if you have any other options before taking one out. If you have any savings it might be beneficial to use these instead, it may be that the interest you pay on a loan will be higher than any interest you earn in your savings.
About personal loans
Also known as unsecured loans are a type of loan that typically allows you to borrow up to £25,000 over a variable time period. Generally speaking the larger amount you wish to borrow the lower the rate of interest, however this does not mean you should take out a larger loan you cannot afford to service or repay.
Lenders will advertise their personal loans with a Representative APR however this is not the amount you are guaranteed to get from taking out a loan with them, your actual interest rate will be dependent on numerous factors such as how much you earn and your credit history, they will also take this into consideration when they evaluate how much they are actually willing to lend you.