Norton Finance loans
Norton Finance loans
Norton Finance is a specialist loans company generally associated with people who have credit problems. Loan terms can stretch for up to 25 years and you can borrow up to £250,000.
If you need to borrow a larger amount of money, it will often be secured against your home. This means that if you can't keep up with repayments, your home could be at risk of repossession. With a typical APR at the time of writing at 13.4%, it's not the best rate on the market, so you may want to look elsewhere before taking a loan with Norton Finance.
Abbey loans differ from many offered by other banks in that instead of offering tiered rates with higher rates for those borrowing less money, Abbey loans have one fixed advertised rate regardless of the amount borrowed.
In addition, extra charges are often imposed by companies specialising in debt consolidation. In Norton’s case, they state that: "occasionally, a service charge of up to 5% may be required". So it's always worth asking a few questions before you sign on the dotted line.
| 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
|
Loans articles
By Christina Jordan | 08 October 2008
Need a loan? Expect to pay more.
By Cliff D'Arcy | 26 September 2008
Be very careful when choosing a personal loan, because this rip-off will bump up your repayments by 20% or more!
By Cliff D'Arcy | 18 September 2008
One leading provider of personal loans has cut its interest rates. Will other lenders follow suit, or is credit still crunched?
By Esther Shaw | 01 September 2008
For many of us, buying a car is the second most expensive purchase we make in our lives, and yet all too often we end up paying over the odds for our new set of wheels.
By Jane Baker | 11 August 2008
Personal loans are getting more expensive, but can you still get a decent deal?
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.
