Paragon Loans Reviews

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1.3 stars
Average rating for this product is: 1.3 out of 5

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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
Halifax Personal LoanGood8.10%8.10%£7,000.00£13,000.00No
Zopa -9.9%Good9.90%9.90%£7,500.00£15,000.00No
Barclayloan PlusGood10.90%10.90%£5,000.00£25,000.00No

Average Ratings for Paragon Loans

  • Reviewer Ratings0 stars
  • Overall Rating1.3 stars

3 Reviews For Paragon Loans

  • Guest 9th Jun 2009

    Reviewer rating: 0 stars


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    Good Points: Not one!


    Bad Points: Loads and loads, like to write repeated letters and phone calls to just charge you for them!!!


    General comments: I borrowed 15,000 from Paragon Loans in 2000, asked for a settlement figure, only to find out i still owe 9, 874.00!! after paying 245.00 per month for the last 9 years& 5months, i have paid up to date, £ 27,600.00!!!!!

    when will this debt ever end!!!!!

  • Oldson26 24th Apr 2008

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    We took out a loan with these guys a couple of years ago to help concilidate some debts we had racked up. This last year alone the interest charges went up 5 times and now the rate has come down they tell me they are not linked to the B of E so thats just tough. Also when I asked for a settlement figure I'm told they have to post it to me so that was yet another problem. On top of that in the last 2 months we have had a dozen letters and phonecalls trying to persuade us to borrow yet more money! ...
  • rover75driver Rank: Corporal 2nd Feb 2004

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    I took out a loan with Universal Credit (now Paragon personal finance) in 1994. I wanted to borrow £3500, but they insisted I pay off an exisisting loan, so the total borrowed was £6000.
    4 years into the 6 year loan I lost my job and could not afford the repayments. My local CAB money centre negotiated reduced payments to Paragon and all seemed fine. The problem was Paragon forgot to mention they would continue charging interest at a very high rate. I was paying £10 a month an ...

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