Loans UK

Who's got the best loans in Britain?

When you compare the various loans UK customers can get, there are some clear winners: supermarket banks and Internet-only outfits in particular. However, they're not the only places you can get good deals. Many high street banks have special Internet-only offers that can cut the cost of borrowing.

We've spent a lot of time looking at the loans UK firms are offering, and some clear trends emerged: in particular, the high street is taking a hammering. Some of the best products come from unusual lenders such as Marks & Spencer, Tesco or Sainsbury's, together with Internet-only companies such as Smile and Cahoot.
The other thing that's apparent about the loans UK customers can apply for is that it helps to borrow a decent amount over a reasonable period of time. Borrow less than £3,000 and those attractive APRs become a lot less desirable, with rates as high as 20% from some lenders for sub-£1,000 loans. People with poor credit ratings aren't invited to the party either, although there's a growing number of firms willing to gamble on high-risk borrowers. Inevitably these firms charge more than the best-buy lenders because they're lending money to customers that are far from safe bets.

loans.org.uk helps you find the best loans companies for your specific needs, and gives you background information on the various types of loans available in our loans articles, more loans articles and still more loans articles.