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Quick loan help please - where is the best/quickest way to get a loan of £4.5

MMG
MMG Posts: 97 Forumite
Hey guys,

Was going to go through my dealer to pay the balance of my new car, £4500, but their rates are horrible!

Want to pay off £4500 over two years.

Where is the best and quickest place to get this from?

Comments

  • cjm2508_2
    cjm2508_2 Posts: 7 Forumite
    MMG,

    Moneyback Bank are currently cheapest at 5.6% but will push and push you to take Payment Protection Insurance, or Northern Rock are at 5.7% but I'd say that you should browse the forums to see how great their customers think they are.

    I'd suggest you try GE money. Their loan is at 6.9% but it's new, so I'd guess they're quite leniet on lending criteria at the moment to boost volume - https://www.gemoney.co.uk, oh, and there's no payments for three months so you can buy some extras for your car without hitting the Credit Cards!

    Good luck
  • MMG
    MMG Posts: 97 Forumite
    So Northern Rock are bad then?

    Ive got a good credit rating, just need the money before Wednesday!!
  • cjm2508_2
    cjm2508_2 Posts: 7 Forumite
    Personally I've never had any problems with Northern Rock, but I don't have a loan with them, but they do seem to be a pretty regular topic of conversation in these parts. Incidentally, if you need the money by Wednesday you may have to try your bank. GE courier agreements to your door so you could call, but make sure you ask how quickly you could expect the funds from the point of application.
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