Edit Content

6 Key Things To Know About LoanTube

6 Key Things | LoanTube

Take a look at the six elements that define LoanTube.

When you’re seeking a personal loan, bad credit loan, a loan for a wedding or home improvements, you’ll want to know that you’re dealing with the right loan comparison company. Here are six key things you should know about LoanTube. Also, a few reasons why we’re so different from other loan comparison sites you may have used previously.

  1. We’re a Real-time Loans Comparison Marketplace

  • Unlike many of our competitors, we offer real-time loan comparisons from a multitude of reputable and award-winning lenders. This means you know that you’re looking at financial products from lenders you can trust.
  1. Certainty of APRs – What You See Is What You Get

  • Many other loan comparison sites show you rates that might not actually apply to you. So, the actual cost of the loan can come as a big shock once you’ve gone through the application process.
  • Here at LoanTube, we use real-time APRs. So, what you see is what you get and there are no nasty surprises later on.
  1. Comparison of Actual APRs

  • Many of our loan comparison site competitors compare only the proposed APRs. And those are often totally different from the APR rate you get in the end.
  • This makes choosing the most appropriate loan a real challenge. We champion total transparency by only showing you the actual rates available to you. This makes it much easier to compare products and choose the loan most suited to your individual circumstances.
  1. Connecting the Right Borrower With the Right Lender

  • Our proprietary decision engine utilises the latest technology to help connect you to the most suitable lender depending on your unique needs and individual circumstances. LoanTube champions financial health for all of our users, and we never ‘push’ a certain loan product for our own gain.
  1. Single Point Application Process

  • Making dozens of applications to get a loan isn’t just a frustrating and time-consuming chore. However, it can also harm your credit score. That’s why we ask you to fill in only one soft quote application. This won’t hinder your score and will allow you to see the real-time quotes from all of our lenders.
  1. Real-time Processing with Online Approval

  • Any loan application carried out through LoanTube is processed in real-time and done completely online, so you won’t need to wait days to see if your loan application has been approved. This way, you’ll be able to start planning how to best spend your loan without having to worry about lengthy decision-making timescales.

Maximise your options: Compare and apply for loans below with LoanTube

Apply Filters

Loan Amount
Loan Amount - slider
Loan Amount - inputs
£
£
Loan Term
Loan Term - slider
1 Years20 Years
Representative APR
Representative APR - slider
6%1333%
Loan Amount
Loan Amount - slider
£250£100000
Representative APR
Representative APR - slider
6%1333%
Loan Term
Loan Term - slider
1 Years20 Years

Loan Amount

£4000 -

£20000

Norwich Trust

Loan Term

1 -

10 years

4.8/5

4.8/5

Representative APR

31.90%

Minimum Age

21 Years

Minimum Income

£2000 per month

Representative Example: £12,000 over 66 months, 31.9% APR fixed. Monthly payment £358.22 Annual interest rate 28.01% fixed. Interest payable £11,642.52. Total repayable £23,642.52.

4.8/5

4.8/5

Norwich Trust

Loan Amount

£4000 -

£20000

Loan Term

1 -

10 years

Representative APR

31.90%

Minimum Age

21 Years

Minimum Income

£2000 per month

Representative Example: £12,000 over 66 months, 31.9% APR fixed. Monthly payment £358.22 Annual interest rate 28.01% fixed. Interest payable £11,642.52. Total repayable £23,642.52.

Loan Amount

£5000 -

£100000

Evolution Money Loans

Loan Term

1 -

20 years

4.5/5

4.5/5

Representative APR

28.96%

Minimum Age

18 years

Minimum Income

Not mentioned

Representative Example: Loan Amount: £20950.00, Loan Term: 85 Months, Interest Rate: 23.00% PA Variable. Monthly Repayments: £537.44. Total Amount Repayable: £45,682.15. This example includes a Product Fee of £2,095.00 (10% of the loan amount) and a Lending Fee of £714.00

4.5/5

4.5/5

Evolution Money Loans

Loan Amount

£5000 -

£100000

Loan Term

1 -

20 years

Representative APR

28.96%

Minimum Age

18 years

Minimum Income

Not mentioned

Representative Example: Loan Amount: £20950.00, Loan Term: 85 Months, Interest Rate: 23.00% PA Variable. Monthly Repayments: £537.44. Total Amount Repayable: £45,682.15. This example includes a Product Fee of £2,095.00 (10% of the loan amount) and a Lending Fee of £714.00

Loan Amount

£1000 -

£10000

1Plus1 Guarantor Loans

Loan Term

1 -

5 years

4.4/5

4.4/5

Representative APR

39.90%

Minimum Age

18 years

Minimum Income

Not mentioned

Representative Example: Borrowing £3000 over 36 months with a representative APR of 39.9% (variable),the amount payable would be £134.21 a month,with a total cost of credit of £1831.56 and a total amount payable of £4831.56.

4.4/5

4.4/5

1Plus1 Guarantor Loans

Loan Amount

£1000 -

£10000

Loan Term

1 -

5 years

Representative APR

39.90%

Minimum Age

18 years

Minimum Income

Not mentioned

Representative Example: Borrowing £3000 over 36 months with a representative APR of 39.9% (variable),the amount payable would be £134.21 a month,with a total cost of credit of £1831.56 and a total amount payable of £4831.56.

 

Representative 79.5% APR

Warning: Late repayment can cause you serious money problems. For more information, go to moneyhelper.org.uk

Credit subject to status & affordability assessment by Lenders.

LoanTube is a credit broker and not a lender.

Think carefully before securing debts against your home. Your home may be repossessed if you do not keep up repayments on any debt secured against it.

Other Resources

Representative APR Example

The rate you are offered will depend on your individual circumstances.

Representative APR Example: On an assumed loan amount of £2,000.00 over 12 months. Rate of interest 60.18% per annum (fixed). Representative 79.9% APR. Total amount payable £2,684.64 of which £684.64 is interest. 12 monthly repayments of £223.72.

Some of the offered loans might be classed as High Cost Short Term Loans. APR rate starts from 18.22%. The maximum APR rate is 1721%, but you will get a personalised rate tailored to you. The minimum repayment term is 3 months, the maximum repayment term is 7 years. The minimum loan amount is £250 and the maximum loan amount is £35000.

Warning: Late repayment can cause you serious money problems. For more information, go to moneyhelper.org.uk

Credit subject to status & affordability assessment by Lenders.

LoanTube is a credit broker and not a lender.

Think carefully before securing debts against your home. Your home may be repossessed if you do not keep up repayments on any debt secured against it.

Not all borrowers will qualify for a loan. The operator of this website does not engage in any direct consumer lending, we simply provide you a FREE loan brokering service. This means LoanTube does not charge customers a fee for using its introducer services, but it receives a commission from lenders or other brokers if a customer enters into a consumer credit agreement with them following an introduction by LoanTube.

LoanTube Business Model: As part of our business operations, we connect customers with partner lenders to help them find suitable loan options. LoanTube receives a commission from lenders for this service, which may, in some cases, affect the cost of the loan to the customer. However, as a responsible broker, we are committed to identifying the best possible loan options for our customers.

By continuing to use our website, you agree to accept our cookies policy
X
Google