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Moneyback Bank Loan

moneyback bank loan
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About Moneyback Bank loan...

- Very low interest rate
- Unique payment protection rebate
- No loan security required

The Moneyback Bank loan is an unsecured personal loan available for amounts between £3,000 and £20,000.

As an unsecured personal loan, the Moneyback Bank loan is leant on your personal credit history and financial situation, and does not require you to be a homeowner or to use your property as security on the loan.

Unique payment protection offer
If you're definitely looking to take out payment protection cover on an unsecured loan, the Moneyback Bank loan will actually give you an annual rebate each year of your loan term.

This is a very unique loan feature, and can offer you the peace of mind of a loan repayment insurance policy alongside the benefit of getting some money back if you find you don't need to claim on the policy.

The amount of money you'll get back each year is dependent upon your loan amount - if you're borrowing a larger sum of money, you'll get more moneyback from your loan protection cover.

Money back will be paid to you as long as you take out the loan payment protection plan and do not cancel or claim on it and do not miss any loan repayments. Money back will be paid for each complete year the payment protection plan and loan is held.

Competitive low interest rate
Alongside a unique 'moneyback' offering is a very low competitive interest rate.

The Moneyback Bank loan offers a fixed rate - which means the rate you are quoted and your monthly repayment figure will remain the same throughout the duration of your loan.

A fixed rate can be of real benefit if base rate's go up - as your interest charges and repayments will remain the same. Plus, with a fixed rate you'll be able to better budget for your loan repayments.

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Loan Details
    Notes..
Typical APR 7.6% APR (fixed) The typical APR is the rate most people are offered.
Rate Range 7.6% APR to
10.8% APR
The rate you are offered will vary depending upon the loan amount you choose:
Loan Purpose Any purpose Including debt consolidation
Available Amounts £3,000 to £20,000 -
Available Terms 1 to 5 years -
Early Settlement Charge 1 months interest -
Deferred Repayments Not offered -
Loan Fee None -
Security Required None -
Personal Requirements 21 years old -
Payment Protection Yes Optional
Other Up to £200 Moneyback with Loan Protection
Loan Amount Annual Moneyback
£15,001 - £20,000 £40
£10,001 - £15,000 £30
£5,001 - £10,000 £20
£3,000 - £5,000 £10

moneyback bank loan details

Moneyback Bank Loan

Typical APR
7.6% APR
Fixed / variable
Fixed rate & repayments
Available Amounts
£3,000 to £20,000
Available Terms
1 to 5 years
Security Required
None
Can be used for
Any purpose
- Including debt consolidation
moneyback bank loan: apply now

You should only apply if you are:
• Aged 21 or over
UK resident
• Have a UK bank or building society account that can pay direct debits
• Have a regular income
• To take out loan protection you must also be aged under 65 at the end of the loan term and be working 16 hours or more each week.


More about Moneyback Bank loan...

Loans by Alliance and Leicester
The Moneyback Bank loan is issued by Alliance and Leicester, and 'Moneyback Bank' is a trading name of the building society.

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Alliance and Leicester
Heritage House
61 Southgates
Leicester
LE1 5RR
www.alliance-leicester.co.uk