Loans Companies
Loans Articles

Egg Personal Loans

Egg Personal Loans are available at two interest rates: 7.9% APR on loans of £5,000 to £15,000, and 10.9% APR on loans of £1,000 to £4,999. Unusually, Egg Personal Loans can be repaid in as little as six months and you can increase or decrease your monthly payments if your circumstances change.

About Egg Personal Loans

Egg Personal Loans come with crystal-clear information and reasonable rates: 7.9% on loan amounts between £5,000 and £15,000, or 10.9% on loans from £1,000 to £4,999. The site explains that you have to apply before 30 June; presumably the rates will increase after that date.

The application process is simple enough and you can apply for payment protection insurance for an additional fee; you can also take payment holidays, although you need to make six consecutive monthly payments before taking any such break. The APRs are fixed for the period of the loan, although Egg Personal Loans reserves the right to reduce (but not increase) the interest rate at any time. You can also increase or decrease your monthly payments during the loan period with the bank's agreement, and unusually you can repay your loan in as little as six months (although the maximum period is the standard seven years offered by most lenders).

Egg Personal Loans are a typically no-nonsense offering from Egg, and while the rates aren't brilliant you might find that you'll get a lower rate from Egg than from lenders publicising smaller, "typical" APRs – especially if you don't fit other lenders' definition of "typical". 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.

If you can't find what you want on, be sure to check our loans homepage.