Car Loan
Whether You Need Funds For a Deposit or The Full Purchase, you can apply to borrow up to £35,000 With Rates From 7.9% APR.
Key Features
- Borrow from £500 to £35,000
- Rates starting at 7.9% APR
- No hidden fees or charges
- Repay from your pay or by Direct Debit
- Online account management
- Save money as you borrow
- FREE Loan Protection up to £10,000
- Plus, HUGE Lifestyle Discounts
Credit subject to status. Terms and conditions apply. Figures are illustrative. Actual rates, repayments, and amounts repayable may vary depending on creditworthiness, loan amount, and loan term. Loans are subject to status and affordability checks. We cannot guarantee approval of your loan application until an assessment has been made. Supporting documentation may be required. Representative APR: 14.5%. Representative Example: Borrowing £3,000 over 24 months at a representative APR of 14.5% would result in monthly repayments of £144.75, with a total amount repayable of £3,473.96, and total interest of £473.96.
Repaying Loans From Your Pay
When we approve a loan, we'll work with you to set a repayment amount and a monthly savings goal. We'll then arrange for your employer to deduct this agreed amount from your after-tax salary. Rest assured, your employer won't know whether the deduction is for a loan repayment or savings!
Who Can Join?
- Anyone currently employed by the Ministry of Defence, British Army, Royal Navy or the Royal Airforce.
- British Military Veterans.
- Family members living in the same household as the above.
