However well we try and plan our finances, however well we manage to set aside a little of our pay as savings, there are some occasions when we need that little something extra. Sometimes, it’s for life’s less than pleasant surprises like a leaky roof, a failing EGR valve or a broken dishwasher. Then again, sometimes it’s for the nicer things in life like giving the home a much-needed makeover or perhaps taking the family away on a well-deserved holiday. Whatever you need it for, when you need a loan, it’s essential to choose the right product to match your circumstances.
Choosing the right loan can be tricky when there are so many to choose from. Here we’ll take a look at some of the great products offered by Bank of Scotland, and how their flexibility and ease with which you can manage your loan make them a great choice.
The fifth oldest bank in the UK, Bank of Scotland has been helping people to manage their money since the 17th century. In the early ‘00s they merged with the Halifax to form HBOS and in 2008 they became part of the Lloyds TSB group. The Bank of Scotland brand, however, has remained throughout these mergers and acquisitions, and offers some extremely competitive products which are especially appealing to customers looking for a flexible loan.
Bank of Scotland offer highly flexible personal loans to suit the individual needs of customers. With a competitive APR of just 3.9% representative on loans from £7,000 to £25,000 over 1 to 5 years, the loan offers not just great value for money but unmatched versatility. A decision is made instantly when you apply online and you get a personal rate depending on how much you want to borrow, your repayment period and circumstances. Bank of Scotland’s personal loans also allow you to;
The website’s handy loan calculator can help you to plan monthly repayments that are harmonious with your household budget.
Bank of Scotland also offers a wide range of joint loans for those who want to borrow with their partner. This is ideal for those who wish to share repayments.
They also offer home improvement loans from £1,000 to up to £50,000 over 1-7 years and the option to take up to 2 repayment holidays in a rolling 12 month period.
If you want a loan that’s quick and easy to set up, flexible and easily manageable you’ll be hard pressed to find a better lender than Bank of Scotland. Their wide range of products, built in flexibility, complete transparency and ease with which you can manage your loan makes them a great option for those who want to take control of their loan.