Abbey loans
AA loans
Abbey’s history reaches back to 1849, with the establishment of the National Freehold Land and Building Society. In 1944, it merged with the Abbey Road Building Society to form the well-known Abbey National Bank.
Since 2004, Abbey has been part of the Santander Group, still continuing to offer a range of banking products including loans, mortgages and credit cards.
Abbey loans differ from many offered by other banks in that instead of offering tiered rates with higher rates for those borrowing less money, Abbey loans have one fixed advertised rate regardless of the amount borrowed.
At the time of writing, Abbey was offering a rate of 7.9% for loans between £1,000 – £25,000. However, it is worth pointing out that this is only the typical rate, and Abbey’s loan APR can be as high as 19.9%. Also, these rates only apply to online applications.
| Provider & product |
Typical APR |
Amount & term |
Total amount repayable /
Monthly repayment |
Apply |
|
|
Typical 8.70% APR
|
£10,000
60 months
|
£12,273.00 /
£204.55
|
Apply
|
|
|
Typical 8.90% APR
|
£10,000
60 months
|
£12,326.40 /
£205.44
|
Apply
|
|
|
Typical 8.60% APR
|
£10,000
60 months
|
£12,246.00 /
£204.10
|
Apply
|
|
|
Typical 8.60% APR
|
£10,000
60 months
|
£12,246.00 /
£204.10
|
Apply
|
Other Abbey loan products
| Provider & product |
Typical APR |
Amount & term |
Total amount repayable /
Monthly repayment |
Apply |
|
|
Typical 7.90% APR
|
£10,000
60 months
|
£12,059.40 /
£200.99
|
Apply
|
Loans articles
By Neil Faulkner | 17 October 2008
Neil Faulkner rounds up the best personal loans on the market.
By Christina Jordan | 08 October 2008
Need a loan? Expect to pay more.
By Cliff D'Arcy | 26 September 2008
Be very careful when choosing a personal loan, because this rip-off will bump up your repayments by 20% or more!
By Cliff D'Arcy | 18 September 2008
One leading provider of personal loans has cut its interest rates. Will other lenders follow suit, or is credit still crunched?
By Esther Shaw | 01 September 2008
For many of us, buying a car is the second most expensive purchase we make in our lives, and yet all too often we end up paying over the odds for our new set of wheels.
By Jane Baker | 11 August 2008
Personal loans are getting more expensive, but can you still get a decent deal?
