It feels like it’s been a long year, doesn’t it? Working so hard in the past months, you feel you’ve earned a fancy trip to Europe. Or a fancy new Tiffany ring. Maybe it’s even fancy cooking classes; we won’t judge! Whatever tickles your fancy, you deserve it. And with AA Personal Loans, you can make it come true.
Worried about how much it will cost you? The AA personal loan calculator can show you estimates of your monthly repayment.
Terms from 1 to 10 years. Representative example: 5 year £10,000 loan with comparison rates from 2.8% to 49.9% APR would cost between £10,728 and £27,321, including fees. The interest can vary between £728 and £17,321.
AA Personal Loans review
The AA has always specialized in providing car financing, car care, and travel hacks. But, The AA also offers personal loans that can fit the needs of any customer. These loans normally have the following key features:
- Limit between £1,000 and £25,000
- Term between 1 to 7 years
- Quote that doesn’t affect your credit score
- Fixed APR (2.8% at the lowest for non-members)
- Credit decision within minutes (just enough time for a cup of coffee or two!)
- Zero arrangement or set-up fees
- Access to funds within 2 working days
- Loan repayment via direct debit
- A year’s worth of Basic Breakdown Cover (makes your car go “ooh-la-la!”)
Not yet convinced to take out an AA Personal Loan? You may want to get a quote from here first and explore your options.
What Else Should I Know?
The AA also offers debt consolidation loans and top-up loans. For these loans, the terms may vary from the ones listed above. As a further note for top-up loans, you can either:
- Combine the old loan and the new loan into one monthly payment; or
- Take out a second new loan.
If you’re an existing AA member, here’s some fantastic news. You’ll have access to APR’s that are 1% lower across the board. Why, even the world’s best limbo players would have trouble going that low!
Please note, though, that the Bank of Ireland UK provides all AA Personal Loans. AA Financial Services Limited is only a registered credit broker, not a registered lender.
How to apply for an AA personal loan
Like most banks, The AA has a set of requirements that borrowers must meet. You can apply for a personal loan with them if you:
- Have been a UK resident in the past 3 years
- Are at least 21 years old (but not 70 upon the end of the loan)
- Earn above £12,000 every year
- Own a UK-based account with a direct-debit feature
- Maintain a good credit score
- Aren’t bankrupt
- Don’t expect any major changes in your income that may affect your loan repayments
After meeting all of the above, you can apply on The AA’s website. This applies to both members and non-members.
The AA will perform a full credit search after you apply for the loan.
AA personal loan calculator
EST Monthly Repayment
12 months
to 84 months
EST Monthly Repayment
£15,001
to £25,000
Personal loan with breakdown cover Loans from £1,000 to £25,000 with no arrangement or set-up fees. Provided by Bank of Ireland UK. AA Financial Services Limited is a credit broker and not a lender.
Repayment Period
12 months
to 60 months
Loan Amounts
£7,500
to £25,000
Paying off your debt using a Nationwide loan could give you the chance to take control of your finances.
Repayment Period
12 months
to 60 months
Loan Amounts
£7,500
to £15,000
You are eligible if youre 21 or over and live in the UK permanently, you have a regular yearly income of £6,000+, you are able to make your repayments by Direct Debit, and you havent been declared bankrupt, had a CCJ or an IVA within the last 6 years. All credit is subject to status and credit checks.
Repayment Period
12 months
to 96 months
Loan Amounts
£15,000
to £25,000
Make your plans a reality with a personal loan with fixed monthly payments, an instant credit decision, quick access to funds and no arrangement fee.
Repayment Period
24 months
to 60 months
Loan Amounts
£15,000
to £24,999
When it comes to putting your plans into action, its personal. And with a personalised loan just a few clicks away, getting things moving could be simpler than you think. Get your loan rate before you apply without it affecting your credit score.
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Minimum and maximum loan periods vary between 1 month and 10 years. APR varies between 2.80% and 71.30% p.a. Total interest repayments vary between £435 and £1,019 over the life of the loan. *APR is based on an unsecured loan of R£15,000 for a term of 3 years. WARNING: This APR is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different APR. These rates can change without further notice. All rates quoted are per annum.
