egg loans

I've had an Egg loan for the last 4 years after I consolidated my many credit cards. I've found Egg to be, in the main, one of the better banking-type companies I've had to deal with (as a serial credit card holder I've dealt with many different ones). Here are my pros and cons to a loan with Egg. ~Background to Egg~ Egg is an online UK bank based mainly in Derby that began in 1998. As an online bank there are no branches you can walk into, although you can phone a human if you need to. Egg claims to be the world's biggest online bank and sells many different financial products including current and savings accounts, loans, credit cards, mortgages, ISAs ...  Read the complete review

Egg loans are great when they work, but hideous when they don't! They are easy to apply for, with a lower than average APR. One of the best things about Egg loans is that you can overpay your loan and bring your end date forward without penalty, or you can have a payment holiday for up to three months each year, if you have kept up to date with all your other payments. So if you hit a rough patch and finances are stretched, or if you come into some extra money, this is quite a flexible product, unlike most loans on the market. However, when it goes wrong, the systems at egg cannot cope. I have been making overpayments on my account, but if you ...  Read the complete review

I have recently taken out an Egg loan. This was after trying to top up my Halifax loan but they were not very helpful so I applied online with egg and got an instant decision! Had the money in my bank within 3 days. As I already have an Egg card, they had all of my details so i wasnt asked hardly any questions. My salary and what the loan was for were pretty much the only questions asked! Its was so easy that I wasnt sure I had been accepted! I had to call to check with them! Another advantage of Egg is that you can top up your payments if you are a bit flush one month. You can clearly see how much you have paid and how much left you have to pay on the 'your money' ...  Read the complete review

I can thoroughly reccommend Egg Loans. If you are thinking of getting a personal loan, you should definitely look at Egg. Interest: The interest rate on mine is 6.9%, a special offer which won't be valid any longer. I had an existing Egg account. I believe that Egg's interest rates are always competitive. Terms: Egg is commendably transparent and free from small print. You can see the terms of your loan. You can make extra payments or pay off the entire loan whenever you like, with no penalties. Otherwise, your regular payment is taken by direct debit from the account you choose. Application process: is overall remarkably quick and ...  Read the complete review

If you are thinking of getting a personal loan I can thoroughly recommend Egg as your lender. My colleague just signed up with them to borrow a small sum and I have, as always been thoroughly impressed with both the product and the service. ~~~~ Calculator ~~~~ Before applying for a loan visit the Egg website and head on over to the Loans section. Here you will find a loan calculator to help you decide how much you wish to borrow and over what period. The calculator allows you to enter how much you want to borrow; then either the Period you want to borrow over of the amount of monthly payments you can afford; you can also chose any payment protection ...  Read the complete review