Personal Loan
Understanding Personal Loans
A personal loan is a financial tool that provides a lump sum at a fixed interest rate over a predefined period. It's a versatile loan option, not tied to any specific item or asset.
Typically spanning 1 to 5 years, sometimes extending to 7, the loan rate it determined by the amount borrowed, the loan tenure, and your credit score.
Car Loan: Drive Your Dreams
A personal loan is an excellent choice for financing your car purchase. With ownership from the start and no mileage restrictions, it gives you the keys to make your dream vehicle a reality.
Pros Of A Personal Loan
- Favourable Interest Rates: Typically, personal loans offer lower interest rates compared to credit cards, especially for large balances.
- Flexible Terms: Tailor the loan terms to suit your financial situation, keeping in mind that the length of the term affects the overall interest amount.
- Payment Flexibility: Make over-payments or settle the loan in part of full before the agreement ends without incurring penalties.
- Versatile Usage: Utilise the loan amount for various purposes, excluding any specifics explicitly excluded in the loan agreement
Cons Of A Personal Loan
- Credit Score Dependency: Securing a personal loan might be challenging if you have a less-than-ideal credit score.
- Higher Monthly Payments: Monthly payments can be higher compared to other forms of financing.
Empower Your Finances With A Personal Loan
A personal loan is more than just a financial product; it's a key to unlocking your dreams. Whether you're eyeing a car, van or camper a personal loan empowers you to take charge of your aspirations.
Ready to make your dreams a reality?
Car Loans R Us is a Trading style of Tangerine Media Limited.
Tangerine Media Limited is registered in England and Wales under company number: 12247975. Registered office address: 4 Douro Terrace, Sunderland, Tyne & Wear, United Kingdom, SR2 7DX
Tangerine Media Limited Company (FRN - 958668) is an Appointed Representative of Future Car Credit Limited. Future Car Credit Limited is authorised and regulated by the Financial Conduct Authority (FRN 673990). We act as a credit broker not a lender. We work with a number of carefully selected credit providers who may be able to offer you finance for your purchase. (Written Quotation available upon request). Whichever lender we introduce you to, we will typically receive commission from them (either a fixed fee or a fixed percentage of the amount you borrow), this will not affect the rate you are offered or the amount you will pay back. The lenders we work with could pay commission at different rates. All finance is subject to status and income. Terms and conditions apply. Applicants must be 18 years or over. We are only able to offer finance products from these providers.
Tangerine Media Limited Ltd are registered with the Information Commissioners Office under registration number: ZB127788
The Financial Ombudsman Service (FOS) is an agency for arbitrating unresolved complaints between regulated firms and their clients. Full details can be found at www.financial-ombudsman.org.uk
Call Us: 0191 716 26 56
