Are you dreaming of the perfect wedding, home renovation or the best vacation? Make your life perfect by choosing loans at Loans 2U. Our loan calculator will help to simplify your loan decisions by providing an estimate of your repayments. Calculations are based on the total loan amount, rate of interest and term. Results of loans calculator should not be considered as loan offer, tax, quote or investment, financial or legal advice. This is because it is there as a self help tool to guide you as you assess your payment options. On our website, you will be able to compare car loans and determine those that have low rate of interest. This will make it easier to determine how much you can comfortably afford to repay monthly. Regardless of the type of loan you are planning to borrow, our personal loan calculator will give you a clear idea of your repayments.
If you have already found a great deal of low interest car loan on our page, the next step you should take is to apply for loan approval. If you have any questions regarding our loan repayment calculator, contact us and we will be happy to help. Loans are only eligible to those who are aged between 18 and 75 years, have lived more than 5 years in the UK, have personal bank accounts and have never declared bankrupt. The rate of interest will depend on your financial circumstances and the total amount you want to borrow. To apply, fill in our secure online application form and you will get our decision within few minutes. Your monthly repayment will be taken through direct debit each month on your specified date.
After every year, we will send a loan statement where you can confirm the outstanding loan and the total loan repayments cleared. If in case you decide to repay the loan in full, you will not need to pay all the interest. This is because we will only charge interest up to the date you fully settled repayment. If you miss monthly repayment, we will have to deduct it from your other accounts. We will also record details with a credit agency which can possibly damage your credit rating. If you miss multiple repayments, there are high chances that you will get legal proceedings brought against you. In order to avoid getting into such serious situations, you should contact and inform us about the difficulties you are experiencing. It is important to keep in mind that you have the right to change your mind within 14 days after signing agreement with us. In your application, you will provide us with your current UK bank account number, sort code, details of your monthly income, your current account balances, existing loan balances, rent payments, your address and your employers address
Contact us to let us know the total amount you are looking to borrow and for how long you will afford to repay. To get a personalized quote that will not affect your credit rating, apply and we will tailor the rate as according to your circumstances. Our car loan calculator is quick and transparent thereby you will easily plan on what you will borrow as per your requirement. Regardless of the type of loan you are planning to borrow, our personal loan calculator will give you a clear idea of your repayments.