| Barclays Bank Barclay Loan Plus (Unsecured Loan) |
| Once agreed the interest rate is fixed for the life of your loan. First monthly repayment is due two months after the date the loan has been opened. Loans are available between two and five years (24, 30, 36, 48 or 60 monthly repayments.) Loans are available from £7,500 to £25,000 in multiples of £100.You have to have held a Barclays current account for over 12 months to apply. |
| Advantages |
The interest rate is fixed for the life of your loan
APR rate is 10.9%
Get offered a better deal elsewhere and Barclays pledge to pay the difference between your loan repayments |
| Disadvantages |
You have to have held a Barclays current account for over 12 months to apply
Minimum term is only 5 years
|
| Terms & Conditions |
| You must have held a Barclays current account for over 12 months - you need to be paid at least £1,000 into your account each month. |
| Lender: Barclays Bank |
|
| Loan Example |
Loan amount - £10,000
Monthly payment - £216.93
Loan term - 60 months
Total amount repayable - £13,015.80
Typical APR - 10.9%
|
| Suitable For |
| Barclays account holders for 12 or more months, a good credit history and be paid at least £1,000 into your account each month. |
| Secured Home Loan Available: No |
| Loan Duration |
| Minimum Term: | 2 Years | | Maximum Term: | 5 Years |
|
| Loan Amounts |
| Minimum Advance: | £7,500.00 | | Maximum Advance: | £25,000.00 |
|
| Costs, Rates & Fees |
| Amount: | £7,500 to £25,000 | | APR: | 10.9% |
|
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