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Norwich Union Motor Loans

The U.K's largest insurance group delivers concise information with an easy to navigate website

Norwich Union offers personal loans in the form of single or joint applications to UK residents who are in work and aged over eighteen. You can borrow any amount between £1000 and £25,000 and repay over anything from one to seven years, although nothing is due for the first three months of the loan.
Norwich Union Car Loans
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If you are looking for a competetive motor loan then a Norwich Union Personal Loan could be just the thing you are looking for.

We liked the Norwich Union websites bold colour scheme and found that it was also easy to navigate. We found that these were the main benefits of taking out a motor loan with them.

To start with there is a 7.9% APR that is typical, so for a loan of say seven thousand pounds, the amount repayable by direct debit over four years, the monthly repayments would be forty-eight payments of one hundred and seventy-two pounds, commencing 3 months after the loan is given.

Basically, the total amount payable would be eigth APR 7.9% CreditCare not included. If you decide to use the optional courier service an additional forty-five pounds will be payable one month before the first monthly repayment.

The motor loan application form is quick and easy to use, most applications usually take around five to ten minutes, so it isn't that bad by any standards.

They also offer to have the cheque for your motor loan with you within twenty four hours provided you have finialised your loan with them before 3pm.

Another benefit is that you won't have to make the repayments for the first 3 months and you will only be charged interest in the period between the start of your loan and your first monthly repayment. It is also good to know that repayments will be fixed for the term of the loan so you can budget with confidence knowing that your repayments will not increase for that period of time.

Other key features offered by Norwich Union are:

* You can apply for any amount between £1000 and £25000
* Optional Payment Protection Insurance for added peace of mind
* Single and joint applications accepted
* No arrangement fee

The Editor Says .. The Editor says ..

"An intuative, easy to use website with a bold colour scheme similar to Yes Car Credit's website. We like these fresh dynamic looking sites and we feel they help to simplify things and make the motor loan application process just that little bit easier overall. Good stuff from Norwich Union then, and worth adding to your list of sites to check out before taking out a motor loan."




Click here to visit Norwich Union





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