Charter Finance Resource's Guide To Low Cost Loans

We present to you our guide on a range of companies and banks that are currently offering both new and existing customers the best loans. This guide is based on their current interest rates and will give you any additional information. If you would prefer to look into saving money you already have then checkout our guide to the best saving rates available.

Lowest Interest Charged on Loans under £5,000

LoansBelow are the best banks and financial institutions offering loans below £5000, this information is subject to change at any time so please refer to each companies, banks or building societies websites for more details or contact them directly.

£1,000 – £1,999 – Zopa are offering loans of £1,000 – £1,999 with an interest rate of just 11.5 per cent, which is the lowest rate we have seen charged for a personal loan between the values stated.

£2,000 – £2,999 – The best company offering the lowest inter rates on loans between £2,000 – £2,999 is Hitachi Personal Finance who is offering an interest rate of just 8 per cent.

£3,000 – £4,999 – For a loan of between £3,000 and £4,999 the lowest interest rate currently being charged is by Zopa and their interest rate is 6.7 per cent

Lowest Interest Charged on Loans over £5,000

Below are the best banks and financial institutions offering loans above £5000, once again please do be aware that his information is subject to change at any time so please refer to each companies, banks or building societies websites for more details or contact them directly.

£5,000 – £7,499: Hitachi are offering loans of £1,000 – £1,999 with an interest rate of just 5.4 per cent, which is the lowest rate we have seen charged for a personal loan between the values stated.

£7,500 – £14,999: The best companies offering the lowest inter rates on loans between £7,500 – £14,999 is Sainsbury’s Bank, M&S Bank, Zopa and Hitachi who are all currently charging interest of 4.1 per cent.

£15,000+ – For a loan of over £15,000 the lowest interest rate currently being charged is by HSBC and their interest rate is 4.3 per cent these loans are available only to their HSBC Premier Customers.

Santander – Another company offering low interest rates on loans valued at over £15,000 is Santander and their interest rate is 4.3 per cent these loans are available only to their 123 Current Account customers.

Barclays – Another company offering low interest rates on loans valued at over £15,000 is Barclays and their interest rate is 5.7 per cent, anyone can apply for these loans as they are not reserved for their own bank account customers.

Clydesdale Bank – One final company offering low interest rates on loans valued at over £15,000 is the Clydesdale Bank and their interest rate is 5.8 per cent, anyone can apply for these loans as they are not reserved for their own bank account customers.