Abbey Loans

Loans are required for all purposes to buy a car, for home improvement or for debt consolidation. You name it and money is required. Financial companies provide personal loans as unsecured loans for these purposes. Similarly Abbey provides personal loans for all purposes. You can use it for debt consolidation or for any other personal purpose. Besides personal loans Abbey also provides green loans, new fixed rate additional loans. These loans are available online to any customer who already has an Abbey Account. New Customers can get loans over phone.

Abbeys Personal loans are available to anyone who is a resident of UK having an Abbey account (this is a must for those applying online). For other who is looking out for an Abbey Loans they need to apply over phone. Loan amounts ranging from £1000 to £are available with an APR of 7.9%. Loans have a repayment period from 1 to 8 years. Repayment can be through direct debit.

Like already seen earlier, besides personal loans Abbey also provides loans for other purposes. The first one called Green Loans. The main aim of green loans is to support environment friendliness which is in every corner of the globe. Green Loans provided by Abbey for the purpose with environment in mind. They can be used for buying a season card, increasing energy efficiency of home or even buying an environment friendly car. Amounts from £1000 to £25000 can be availed through these personal loans. The repayment period is from 1 to 8 years. Similar to personal loans any Abbey Account holder can take green loans. For those who are taking Abbey Loans for the first time they need to apply over phone. Abbey Loans do not have flexibility in repayment and hence these loans are similar to personal loans in all aspects.

The next product is the Additional Loan. This Loan product has two types namely fixed rate products and variable rate products. The loans are for those who want to borrow £5,000/- or more. There is option to pay 10% of the total balance of mortgage and additional loan each year. These loans can be taken for buying a new car, home improvements or to consolidate borrowings. This loan product is not available to those who do not have Abbey Mortgage, have a CAT standard Abbey Mortgage. This Abbey loan is not available for less than £5000/-.