Alliance & Leicester Personal Loans Review

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Alliance & Leicester Personal Loans
2.7 stars
Average rating for this product is: 2.7 out of 5

From 1 rating and 11 reviews

Thumb down 45% of users recommend this product

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crabmart's Review of Alliance & Leicester Personal Loans

4th Aug 2005

Overall Rating

0.5 stars
  • Value for money
    0.5 stars
  • Loan Rate
    5
Good Points

No good points whatsoever.


Bad Points

They do not respect loyal customers, who have good credit ratings, thousands in the bank and no overdraft!


General Comments

I asked the Alliance & Leicester for a loan, and I was told that I could not have it at the rate I applied for, but at 11%. I am a homeowner with no overdraft, and £50,000+ equity in my house. I also have money in the bank!
I am thinking of moving my business elsewhere, as I am disgusted!
Well done Egg Loans! They offer a higher Interest Rate (7.9%), but have no early redemption penalties.

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NameCredit RatingAPRTypical APRMin Loan AmountMax Loan AmountHome Owner  
Alliance & LeicesterGood8.00%8.00%£7,500.00£14,950.00No
Sainsbury's LoansGood8.00%8.00%£7,500.00£15,000.00No
Nationwide LoansBad7.90%7.90%£7,500.00£14,999.00No