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[25/01/2008] New loan company reviews - Post office loans, and tesco loans

MoneyBackBank Personal Loans

Personal loans from Moneybackank have a 7.1% APR Typical for £7500 - £15000 loans. Moneybackbank offers unsecured loans from £3,000 to £7,499 at an APR of 6.4%. Or £7500 to £25,000 at 6.2% APR. If you want to pay back your loan early with moneybackbank you'll need to be prepared to pay 2 months interest as that is their early repayment penalty. They offer repayment periods of 1 to 7 years, and they offer no repayment holidays.

Moneybackbank.co.uk Loans

Alliance & Leicester actually own moneybackbank, who are themselves one of the biggest banks in the UK.

Reviews of MoneybackBank.co.uk

Postive reviews: APR ok. Quick to process application.

Negative reviews: Beware of being pushed too much to take on the loan. Ignore rates as dependant on credit score.