Full product details for the Yorkshire Bank Personal Loan, including loan details, application criteria, rates, suitability, fee & charges, example costs, facilities, restrictions and incentives.
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The representative APR is 6% (fixed) so if you borrow £10,000 over 4 years at a rate of 6% p.a. (fixed) you will repay £235.20 per month & £11,289.60 in total.
Loan Type
Unsecured
Minimum Loan
£7,500
The minimum advance is £7,500.
Maximum Loan
£14,999
The maximum advance is £14999.
Minimum Loan Term
1 year
The minimum loan term is 12 months.
Maximum Loan Term
7 years
The maximum loan term is 84 months.
Headline Representative APR
6%
6
Headline Representative Loan Amount
£7,500 to £14,999
Early Repayment Charge
58 days
The early redemption charge is equivalent of 58 days interest.
Deferred Start
0 month
0 months
Debt Consolidation
yes
Debt consolidation allowed.
Express Delivery
no
Express delivery/transfer not available.
Credit Rating
good
Most 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.
Availability
restricted
Application Criteria
Permanent UK Resident
yes
This product is only available to individuals who are permanent UK residents.
Existing Customers Only
no
Minimum Age
18 years
The minimum age is 18 years.
Minimum Income
£0
Minimum income of £0 pa required.
Geographical Restrictions
no
No geographical restrictions are applied.
Guarantor Required
no
Credit Rating
good
Most 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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