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
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.