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Alliance Leicester Loans

Alliance Leicester loans come in two forms: a car purchase plan where you can drive a new car now and pay a lump sum in a few years time, or a more straightforward personal loan. Whichever product you choose, Alliance Leicester loans have a typical APR of 5.9%.

About Alliance Leicester Loans

If you read car magazines, you'll have seen the adverts for Alliance Leicester loans: they seem to fall out of every motoring magazine on the planet. The company gives you two choices: a standard personal loan with a typical APR of 5.9%, or a Car Purchase Plan – again, with a typical 5.9% APR.

It's important to know the difference between the two types of Alliance Leicester loans. The car purchase plan is a deferred payment loan, which means that you'll still have a chunk to pay – up to 60%. It's similar to the schemes run by major car manufacturers that enable you to drive a new car today and pay a lump sum a few years down the line, or start again with another car. With Alliance Leicester loans that decision can be up to 4 years away, and you can borrow up to £20,000.

Other Alliance Leicester loans are more straightforward. You can borrow from £1,000 to £20,000 with a term of up to five years, the monthly payments are fixed and you get an immediate decision. The APR depends on your credit rating and the amount you borrow. 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.

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