Marks & Spencer Loans

After a successful launch of their M&S credit card, Marks & Spencers are now getting into the loans market with their Marks & Spencers Loan!

Loan Amount	APR% Interest
£1000 to £2499	19.9%
£3000 to £4999	14.9%
£5000 to £7999	9.9%
£8000 to £9999	6.9%
£10000 to £25000	6.4%
M&S Loans more info:
Age Restrictions:	You have to be at least 23 years old to apply for a loan with M&S
Minimum Earnings:	£10,000
Repayment holidays:	3 months
Early Repayment Penalties:	1 month interest
Repayment Periods	12 months to 7 years.

Marks & Spencers Loan Reviews

Positive Comments: Great customer service. Helpful. Good product.

Negative Comments: Could be better with there online services.

 

M & S Loans was originally started in the 80's as Marks and Spencer financial services, but in 2004 HSBC, one of the biggest financial organisations in the world, bought them out.