Black Horse Loan

Full product details for the Black Horse Loan, including loan details, application criteria, rates, suitability, fee & charges, example costs, facilities, restrictions and incentives.
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UnsecuredBad Credit
SecuredCar
Debt Consolidation

Black Horse Loan Features & Benefits

Loan TypeUnsecured 
Minimum Loan£500The minimum advance is £500.
Maximum Loan£15,000The maximum advance is £15000.
Minimum Loan Term1 yearThe minimum loan term is 12 months.
Maximum Loan Term5 yearsThe maximum loan term is 60months.
Representative APR8.9%8.9
Representative Loan Amount£7,500 to £9,999 
Early Repayment Charge1 monthThe early redemption charge is equivalent of 1 month interest.
Deferred Start3 months 
Debt ConsolidationyesThe loan can be used to consolidate debts.
Express DeliverynoNo express delivery options available.
Credit Rating (Unsecured Loans)goodMost suited to individuals who have an average income and a recent credit history free from credit defaults, arrears, CCJs or missed payments. The majority of applicants can be described as having a good credit rating.
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