Alliance and Leicester Personal Unsecured Loans Review

Alliance and Leicester are currently still providing personal loans to both existing and new customers which is great as many of the banks have restricted loan applications to existing customers only. To apply for an Alliance and Leicester personal unsecured loan you will need to be at least 21 and a UK resident. Currently loans are available from £1,000 up to £20,000 and the maximum length available to repay the loan is 5 years. For Loans of between £7,500 and £15,000 Alliance and Leicester are quoting a typical rate of 8.9% which will depend on your past credit history etc. For those who qualify this is one of the best personal loan interest rates currently available. (12/08/2009) To apply you need to complete the online loan application which takes about 10 minutes and Alliance and Leicester will normally give you a decision within 24 hours. Further information on A & L can be found on the website Alliance and Leicester are part of the Santander group having been bought by them in 2008 for about 1.26 billion. Santander also own Abbey and B & B savings.