Personnal Loans
 

Just got a quote from Lloyds for a loan to pay off a lloyds credit card and another Lloyds loan.

Nearly fell off my chair when she quoted me the 20%APR figure,

Is there something i don't know?

Re: Personnal Loans
 

I can give you one for 15%APR

Re: Personnal Loans
 

Make it 8% and it's a done deal!

Re: Personnal Loans
 

They have to make their billions somehow

Re: Personnal Loans
 

So much for looking after valued customers, first loan they gave me was 6.7%! dunno what's gone wrong :(

Re: Personnal Loans
 

credit crunch mate.supply and demand means we supply and demand

Re: Personnal Loans
 

Cheap credit's getting hard to find :( Also, some of banks now weight their APRs dependant on credit search results. And it's common practice to hit smaller borrowers with higher APR, for various reasons, it might be worth requoting with a different amount. Did you take protection? It's often not a very good idea that, depends on your circumstances.

Just did a search of my lot, the Bank of Scotland standard loan rate is 8.4%. But that's credit search dependant I think.

Re: Personnal Loans
 

i'll lend you a fiver

Re: Personnal Loans
 

UNless you've had issues in the past may I suggest giving HSBC a try. DO NOT apply online......as with most banks you can actuall get a better APR in the branch.......thats what happened with us. APR went from 17% to 12%......just depends on who you are, history etc.

Re: Personnal Loans
 

Better still, don't give the buggers the opportunity - cut up the f*cking card and pay off as much as you can afford every month. I cut up mine some years ago, fed up with being shafted, and oh how I don't regret it.