8.5% APR this has to be the best! (Northern Rock)

Member Name: washboard

Product:	Northern Rock
Date:	23/07/01 (317 review reads)
Rating:

Advantages: Simple on line application, no lengthy phone calls, simple to set up

Disadvantages: none

If your looking for a low cost loan, look no further!

Whilst trawling through all the normal boring literature to find myself a suitable loan company I came across Northern Rock. They were offering a staggering 8.5% Apr on any loan from £3000 to £15000, which I believe to be the lowest rate I have ever seen for this particular amount of money!
I then thought where's the catch?

They had an on-line application form so I thought i'd give it ago and see how I got on. To my suprise there on line application system is quite simple, quite short and easy to complete. (Ususally if you have ever applied on-line for a loan before your faced with a wall of 15 pages of data entry before you even get to put your address in!)

Anyway, two days later I recieved a letter saying that they had approved the loan and all I had to do is send back the direct debit mandate and I would get the money within 3 days. This has to be the best on-line loan site I have visited and would advise anybody who is looking for a loan to visit them.

It was just what I was looking for out of a loan company, no salesman, no lengthy phone calls, no wage slips or bank statements to be sent off, just one simple on line application. They even sent a pre paid envelope for my direct debit form !

If you are currently looking for a loan I would have to advise these guys. They are a reputable company, I did check! and they do offer a very low APR which has to be a key criteria for any loan application.

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