Lombard Direct Loan

Loans from £1,000

Compare Lombard Direct loans with the market. Click on the link to compare personalised loan quotes from across the market:

ProviderLoan AmountCredit HistoryRates FromTerm 
£1,000 to £35,000Good Credit Only3.3%

APR
Representative

(£7,500-£10,999)

6 months to 5 yearsGet Quotes >
  • Ratesetter is the largest peer to peer lending company in the United Kingdom. Peer to peer lending is becoming an increasingly popular way to borrow money.
  • Debt consolidation allowed
  • No early repayment charge
  • Fast loan - Money in your bank in 1 working day
  • Good credit history required
  • Must be aged 21 and resident in the UK for 3 years
  • You hold a UK bank or building society account
  • Regular source of income

Representative Example: The Representative APR is 3.3%, so if you borrow £7,500 over 3 years at a rate of 3.23% p.a. (fixed) plus an arrangement fee of £7.70, you will repay £218.94 for 36 months and £7,881.84 in total.

£1,000 to £25,000Good Credit Only3.3%

APR
Representative

(£7,500-£15,000)

1 year to 5 yearsGet Quotes >
  • Quote takes 3 minutes (Won't affect your credit score)
  • Money can be with you within 3 working days
  • Voted most trusted loan provider (Moneywise customer service awards 2010 - 2015)
  • Must be aged 18
  • UK Resident with a UK bank account

Representative Example: The Representative APR is 3.3%, so if you borrow £7,500 over 3 years at a rate of 3.03% p.a. (fixed) plus an arrangement fee of £30, you will repay £218.94 for 36 months and £7,881.84 in total. 

£7,000 to £15,000Good Credit Only3.3%

APR
Representative

(£7,000-£15,000)

1 year to 8 yearsGet Quotes >
  • 3.30% APR for personal loans between £7,000 and £15,000
  • Fixed repayment terms
  • Get a personalised quote online without affecting your credit score
  • Must be aged 18
  • UK Resident with a UK bank account
  • Minimum Income or pension before tax of £10,000

Representative Example: The Representative APR is 3.3%. Based on an assumed loan amount of £8,000 over 60 months at a interest rate of 3.3% pa (fixed), you will repay £144.64 per month. Total amount you repay £8,678.64.

£1,000 to £25,000All Credit Histories Considered14.9%

APR
Representative

1 to 5 YearsGet Quotes >

Representative example: The Representative APR is 14.9% (variable).The Representative APR is If you borrow £90,000 over 4 years at a representative 14.9% APR and an annual interest rate of 14.9% (fixed) you would pay £245.80 per month. Total charge for credit will be £2,798.51. Total amount repayable is £11,789.51.

£1,000 to £20,000All Credit Histories Considered99.90%

APR
Representative

1 to 2 YearsGet Quotes >
  • Interest Rates from 35.9% - 99.9%, depending on the information you provide in your application
  • Fixed monthly repayments
  • Instant Online Decision
  • Must be aged 18
  • Must be UK resident

Representative Example: The Representative APR is 99.9% (fixed) - Based on an assumed loan amount of £1,500 over 24 months at an interest rate of 71.3% p.a. (fixed) you would pay £118.88 a month and £2,853.12 in total.

While Lombard Direct loans are no longer available, you can use the above comparison tables to view a range of loans from different providers to try and find a loan suitable to your circumstances.

 

There is a diverse range of loans on the market, so it’s important to know what you want from one, consider for instance if you feel you may want to pay the loan off early or would like the option to take a repayment holiday if needed.

 

Features you may see advertised on other providers personal loans include:

  • Competitive rates of interest
  • Repayment holidays
  • Personalised quotes
  • Fixed rates

 

Loan Calculator

As Lombard Direct loans are not available at the moment there is not a Lombard Direct loan calculator, however many lenders do offer such online tools. If you are interested in getting a loan from a provider you could use their loan calculator to get an indication of what it could cost you in repayments. You normally just need to enter the amount you want to borrow and how long you want the repayment period to be.

 

Most loan calculators work out your estimate based on their Representative APR, this means that if you apply for a loan and get excepted the actual APR you are offered may be different which can alter both how much you need to repay overall and how much you would need to repay each month in instalments.  This is because following an assessment of your credit score and other financial information lenders may offer you a different annual percentage rate.

Before you take out a loan

As loans can vary greatly, it is important to shop around before you apply to make sure it is the best choice for you. As well as shopping around you may want to look into alternatives to borrowing to see if they could better suit your needs, for example if you already have the required sums saved, then it may be better to use your savings than to borrow. This is because interest you earn from your savings may be less than the rate of interest that you would need to pay on your loan.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.