dan-sport
Member
Registered: 9th Oct 07
Location: Bushbury, West Midlands
User status: Offline
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I'm looking for a loan but not sure of any good company's, so I'm just wondering if anybody has used anybody they would recommend? I'm looking to borrow 2k at the lowest apr possible over around 5 years
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Ben G
Member
Registered: 12th Jan 07
Location: Essex
User status: Offline
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tbh mate that will incur a huge amount of interest compared to taking it over 1 or 2 years.
i think the lowest apr right now for personal loans is 7.8% from tesco/sainsburys.
also, low amounts tend to have higher apr compared to bigger loans such as 8k+
plenty of loan calculators on the net and moneysupermarket.com is perfect for these things.
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Ben G
Member
Registered: 12th Jan 07
Location: Essex
User status: Offline
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if you have an excellent credit rating, then zopa loan do 11.4 fixed rate on £2000 over 5 years at £43.30 a month, total repayable £2598.
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Cavey
Member
Registered: 11th Nov 02
Location: Derby
User status: Offline
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I didn't look around much admittedly, but Halifax (who I bank with) for a £3k loan, was something like 28% APR, from the quote I got, so like Ben said you'll more than likely be getting a bit screwed over without taking out a big amount.
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AndyKent
Member
Registered: 3rd Sep 05
User status: Offline
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Why the fuck would you want to borrow 2k over 5 years. As pointed out the interest would be ridiculous. Might as well get an interest free credit card and pay it off over 12 months - wouldn't cost you anything that way.
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deano87
Member
Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline
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Nationwide.
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Tomnova16
Premium Member
Registered: 21st Jan 06
Location: Gerrards Cross Drives: Porsche 911
User status: Offline
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seriuosly, just get a credit card with two grand limit, if you havent paid it in a year then get another and do a balance transfer, oh and when you have used the card to get the 2k destroy it so you dont go spending anymore on it 
http://www.lemass.co.uk/ for all your automotive/bodyshop needs
Located in Chalfont st Peter
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dan-sport
Member
Registered: 9th Oct 07
Location: Bushbury, West Midlands
User status: Offline
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Cheers people I'm looking into the credit cards now, how do I state how much I want on it?
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John
Member
Registered: 30th Jun 03
User status: Offline
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You don't, they'll set the limit.
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Hammer
Member
Registered: 11th Feb 04
User status: Offline
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2 grand over 5 years 
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