Bank of Scotland Loan

Overview

The Bank of Scotland Personal Loan allows you to borrow between Ł1,000 and Ł25,000 at a great rate. You can choose a repayment term to suit your budget from 1 to 7 years. The Bank of Scotland also offer payment protection cover - giving you peace of mind. No monthly loan repayments for the first 3 months although interest is charged from the start of the loan.

Bank of Scotland - Personal Loan

Your Loan amount

£15,000

Typical APR

8.4%

60 Monthly payments

£304.81

Total amount repayable

£18,289

Total interest paid

£3,289

Loan Rates

£1,000	17.9% APR	12 - 60 months
£1,001 - £2,999	16.5% APR	12 - 60 months
£3,000 - £4,999	14.9% APR	12 - 60 months
£5,000 - £6,999	10.4% APR	12 - 60 months
£7,000 - £25,000	8.4% APR	24 - 84 months

Loan Type

Unsecured Personal Loan - A loan that is not secured on property or goods. The lender will use your personal credit history to decide whether to offer you the loan and at what interest rate.

Repayment Penalties:

Yes

Minimum age at application:

Maximum age at application:

No maximum age

Apply now - Bank of Scotland

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER DEBT SECURED ON IT.