With the AA personal loan, you can borrow between £500 and £25,000 over a period of 2 to 7 years at a competitive typical fixed APR of 6.90% The actual rate offered will depend on your personal circumstances and credit history; if you have an excellent credit score this might offer an affordable way to borrow, offering the security of repaying a fixed amount each month.
The AA homeowner loan is a good option if you wish to keep your monthly repayments as low as possible and repay the loan over a longer period of time. As it is a secured loan, you can borrow larger amounts at a lower APR; this can be an affordable borrowing option even if you have a poor credit rating.
If your credit history is less than perfect, the best way for you to borrow affordably may be to consider a secured loan. To check that the AA homeowner loan is the most competitive option available, complete the form on this page to compare secured loans and find the best deal available for your requirements.