Alliance & Leicester Personal Loans Reviews

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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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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

Average Ratings for Alliance & Leicester Personal Loans

  • Speed of Application4 stars
  • Customer Service2.5 stars
  • Value for Money2.9 stars
  • Reviewer Ratings2.5 stars
  • Overall Rating2.7 stars

11 Reviews For Alliance & Leicester Personal Loans

  • Guest 22nd Aug 2009

    Reviewer rating: 4 stars


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    After reading reviews here i wasn't sure whether to go with A&L but i did and got accepted by email 5 minutes after i completed the form and then phoned them and was offered a APR of 10.9% which i thought was ok in the these times, got paperwork friday morning and sent back friday evening and money was in my account monday morning, although i did pay a chaps fee of £30 to get the money quicker, it was worth it. Would recommend Alliance & Leicester.

  • CAROLJBL 6th Aug 2009

    Reviewer rating: 5 stars


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    I applied on line for a loan from A&L on Friday 31st July at about 10:00, got a call at about 14:00 to check what I wanted the loan for. I was told that the loan had been accepted and the paper work would go in the post that day. Received the paperwork Saturday Morning and returned straight away. Funds were in my account on Monday 3rd August. Loan rate was as advertised. Excelent service.

  • Guest 30th Jun 2009

    Reviewer rating: 0 stars


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    I applied for a Loan to pay off an existing loan I have with my bank and despite having a flawless credit history / perfect match for my personal and financial circumstances as a candidate, I received an acceptance at a much higher interest rate than previously lead to believe I could have. Originally promised 7.9% and was offered 14.5%. What a joke!

    Time wasting / money grabbers who I will never want to involve myself in.

    I've since been accepted at the agreed interest rate initially promise ...

  • Guest 13th Dec 2008

    Reviewer rating: 1.5 stars


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    Awful hard sell of their PPI, 20 minutes of someone almost saying I was stupid to risk taking out a loan (of only £4000) without PPI, really frustrating I just had to keep stating I didn't want it. Sales tactics are horrible.

  • chat Rank: Captain 4th Sep 2008

    Reviewer rating: 4.5 stars


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    I have almost paid off a loan I took out 2 years ago with Alliance and Leicester. No problems to mention as I took a fixed interest rate I knew what the payments would be. I also negotiated a very good rate with them which past experience with other banks shows some can be rather intransigent. Very helpful. Recommend.

  • rtolley Rank: Lance Corporal 1st Apr 2008

    Reviewer rating: 1.5 stars


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    I complained to Alliance & Leicester about the rate offered, to which I got a simple "that's all we can offer you" and then they cancelled the application. So much for customer loyalty.

    Tesco's offered me the rate they advertised on the internet and I got the money within 7 days of first applying. I got a payment break of 3 months and they could not have been more helpful.

    Shame on Alliance & Leicester, customers will not return with poor service and offers like that!

  • carternm31 Rank: Major 26th Apr 2007

    Reviewer rating: 4 stars


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    I took out a loan of £1000 with Alliance Leicester over a year to help my partner who had been made-redundant. I filled in an application online, and within minutes they sent me one back confirming it had been accepted. I paid back, I believe £98 per month, working out at around £1180 payback. I had no problems with them, and paid the money back quickly and easily.

    However, that was 3 years ago, and to this day they constantly send me junk mail. I have phoned on various occ ...

  • NeverAgain 2nd Rank: Staff Sergeant 2nd Jan 2007

    Reviewer rating: 3.5 stars


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    I searched for a cheap unsecured loan on the Internet, and I was pointed towards Moneyback Bank deal @5.7 on £24,999 for 36 months.
    Filled in application online and received email within seconds, asking me to phone an 0845 number, where an Alliance & Leicester customer advisor would provide their decision.

    There then followed a seriously hard sell of their PPI, with their salesman not taking no for an answer. Eventually I asked if the loan would only be granted on condition that I took ...

  • Milly1585 Rank: Lance Corporal 28th Jul 2006

    Reviewer rating: 0 stars


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    Alliance & Leicester granted me a loan when things were going good for me, but as soon as I got into trouble they were a nightmare. The debt counsellors advised writing to all my creditors asking them to accept lower payments. They all did, except A&L, who responded by telling my husband all about my debt, and telling him he should help, which is a fact they denied later, but I know it was them from the details they gave him, and then they threatened to send the bailiffs to my house!! The only w ...

  • crabmart Rank: Lance Corporal 4th Aug 2005

    Reviewer rating: 0.5 stars


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    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.

  • ianjohnson67 Rank: Sergeant 19th Jun 2004

    Reviewer rating: 3 stars


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    Having had loans from Alliance and Leicester over a period of time and never missed a payment it would seem that a change of policy has been brought in.
    I have never missed a payment and on once again wanting to extend a loan was turned down. Why, I have no idea, other than the interest rates were in my favour. I had a good payment history with Alliance and Leicester and was asking to borrow far less than I had in the past. Well thank you EGG. The process with EGG is easier and faster. The ...

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