The AA

With AA Loans, you can apply for a personal loan between £1,000 and £40,000 over a

The AA is offering loans at highly competitive rates from £7,500 to £25,000. AA members get the preferential low rate of 6%, while non members get 6.1% (subject to credit status.)

Loans can be taken over one to 7 years and borrowers can make unlimited overpayments.

Pros

Competitive rates
Overpayments allowed

Cons

ERCs apply on full repayment
Must be AA member for lowest rates

Representative Example

If you borrow £10,000 over 60 months with monthly repayments of £193.02. Total amount repayable will be £11,581.20. Representative 6.0% APR, annual interest rate (fixed) 6.0% p.a. Credit available subject to status.