Egg loans
Egg loans
Egg was established in 1998 as a division of Prudential, the UK financial services group. The world's largest pure online bank was sold to Citigroup in 2007 and now offers a range of banking, investing and insurance products, all managed online.
When it comes to loans, Egg doesn’t usually make the best buy tables, as it tends to offer higher rates in comparison to the rest of the market (at the time of writing Egg’s loan rate was 9.9% APR) in exchange for greater flexibility within the loan.
Loans run from between six months to seven years, and have no early repayment charges should you wish to pay the loan off early. In addition, Egg allows you to put lump sum payments towards the loan at any time, without penalty.
| Provider & product |
Typical APR |
Amount & term |
Total amount repayable /
Monthly repayment |
Apply |
|
|
Typical 7.80% APR
|
£10,000
60 months
|
£12,032.40 /
£200.54
|
Apply
|
|
|
Typical 8.70% APR
|
£10,000
60 months
|
£12,273.00 /
£204.55
|
Apply
|
|
|
Typical 8.90% APR
|
£10,000
60 months
|
£12,326.40 /
£205.44
|
Apply
|
Other Egg loan products
| Provider & product |
Typical APR |
Amount & term |
Total amount repayable /
Monthly repayment |
Apply |
Loans articles
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Be very careful when choosing a personal loan, because this rip-off will bump up your repayments by 20% or more!
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By Jane Baker | 11 August 2008
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By Neil Faulkner | 18 July 2008
There might not be any amazing deals out there at present, but that doesn’t mean we’ve got no guidance for you on personal loans. Here are 15 tips.
