ALLIANCE & LEICESTER'S PERSONAL LOANS 'HIGHLY COMMENDED'

ALLIANCE & LEICESTER'S PERSONAL LOANS 'HIGHLY COMMENDED'

Alliance & Leicester’s personal loans have been Highly Commended at Personal Finance & Savings magazine’s recent prestigious awards ceremony in London.

Alliance & Leicester was Highly Commended in the ‘Best Personal Loan Provider’ category.

The awards, which are voted for by the magazine’s 35,000 readers, are now in their third year. Commenting on the award Martin Fagan, Editor of Personal Finance and Savings magazine said: “These awards are voted for by our readers and so are truly representative of people’s experience and views regarding financial services.”

Andy Bayes, Head of Personal Loans at Alliance & Leicester said: “We are very pleased to have been Highly Commended by Personal Finance & Savings magazine in the Best Personal Loan Provider category. It is a tribute to the hard work of all our staff and our excellent product.

“We have recently announced the reduction in our personal loan rate to 5.9% APR – there is no lower rate in the UK – and hope to feature just as strongly in next year’s awards.”

For consumers considering applying for a loan or considering switching providers, Alliance & Leicester's website, www.alliance-leicester.co.uk provides access to many useful tools to help and guide them with their financial choices.

The Loan Calculator enables consumers to work out how much they can afford to borrow and decide over which period they wish to spread their repayments.

Alliance & Leicester personal loan customers can benefit from the following:
- A personal loan from as little as £1,000 to as much as £20,000
- A typical APR of 5.9% for telephone and internet applications on loans from £7,500 to £20,000
- Repayment over one to five years
- Fixed monthly repayments for the period of the loan
- Quick and easy application, online, via the phone or via a branch
- No arrangement fees
- Optional loan protection for added peace of mind

For further information, consumers should call 0800 068 6611 or visit the website: www.alliance-leicester.co.uk