Hastings personal loans
Hastings Direct personal loans are available for between £1,000 and £25,000, and with loan terms of between one and five years.
The loans are unsecured, which means you don’t need to offer an asset, such as your home, as security for the loan.
» COMPARE: Personal loan rates
Hastings loan rates
Hastings Direct shows its representative annual percentage rate (APR) on its website. The APR of a loan tells you the total cost of a loan over a year including interest and any fees. Hastings Direct doesn’t charge a fee to set up a loan.
The representative APR is what at least 51% of people will get and is a percentage of the loan amount you borrow. You can use the APR to compare loan providers and work out which deal may be best for you. However, bear in mind that the APR is a guide and not a guarantee – 49% of applicants will receive a rate higher than the APR.
The APR you are charged may not be the same as the representative APR. The lender works out your individual APR based on the amount you borrow and your credit history. Lenders have to tell you their APR before you agree to a loan.
Can I get a secured loan from Hastings Direct?
No, Hastings Direct only offers unsecured loans.
A secured loan is where you secure the value of your borrowing against an asset, such as your home, as security in case you fail to repay.
» COMPARE: Secured loans from other providers