The Very Best Loans with Loantra
Short-Term Loans
Apply Today to Borrow up to £995
*Online decision
*Responsible lenders
*Rates from 278% to 1576%
*3-12 month repayment
Personal Loans
Apply Today to Borrow up to £25,000
*Instant Decision
*60-Second Application Form
*Rates from 4.7% to 278%
*3-36 month repayment
What Loantra can do for You
Finding the Right Lender for Car Finance
Financing your car may be one of the most important financial decisions you make in your life. It’s a major expenditure, to be sure, and you want to be sure you are choosing the right lender for your situation.
There are a few criteria you need to look for in each lender you consider. Compare what the lenders have to offer to what your needs and resources are. Then you’ll know which lender is right for you.
Credit
The first barrier to getting a car loan may be your credit score. You need to find a lender who will offer you a loan that works with your credit score. That’s going to be one of the first things the lenders will consider. If your credit score isn’t too good, then your options will be limited. People with great credit will have a lot more choices. So, if your credit is bad, then you will either want to keep looking until you find a suitable lender who will accept your credit as it is or just wait a while and build up your credit.

Cost
You also have to look at the costs associated with the loan you are looking at. Not all of them will have the same interest rates, fees or terms. Some may be short-term loans that you need to pay off quickly, and they’ll have high interest rates to prompt a fast payoff. Others will be more long term and give you a low rate to allow for a long, comfortable repayment period.
You not only have to make sure that you can afford the loan and its various fees and costs, but you should also ensure that it is a good deal. Compare loans with each other and see which lender has the best rates and lowest overall costs. Be sure to include all the fees that are possible as well as the increased interest rates that can sometimes occur if you pay late or cannot afford to make a payment.

Terms
The lender also has to offer a loan that fits with your timetable. Maybe you want a few years to repay the loan. If that’s the case, then you need to find a lender who offers that kind of repayment period. Not all lenders will offer flexible terms either, and you may just have to go with one of their standard offers. Other lenders will let you modify the loan’s terms to fit your needs.
So, first determine what it is you need from the loan and how long you will reasonably need to repay it, then find a lender who matches up to that ideal.
You may not find a suitable lender right away, and that’s okay. Just keep looking and don’t give up until you find the right lender for you. There’s one out there with the terms you are looking for, good interest rates and a comfortable fit for your credit rating. You may just have to put in some effort to find them.
See How We Compare to Our Competitors
Representative example
Representative 49.9% APR (variable). Borrowing £4000 over 36 months, repaying £195.16 per month, total repayable £7,025.76. Interest rate 49.9% (variable). Repayment terms available between 1 and 5 years. Maximum APR 99.99%
Representative APR Example:
Borrow £2500 and pay £ 168.35 per month for 18 months with a fixed interest rate of 22.6% per year. The total interest for the loan is £480.31. The Total Repayable is £3,030.31.
Loantra is a licensed credit broker and not a lender.
We will never charge you for our service and the lender will not increase the rate to cover our fee to them.
We work with over 40 different lenders to bring you the very best rates from across the UK market.
Representative 305.9% APR. Representative example: £400 borrowed for 90 days.
Total amount repayable is £561.92 in 3 monthly instalments of £187.31.
Interest charged is £161.92, interest rate 161.9% (variable)
Warning: Late repayment can cause you serious money problems. For help, go to moneyadvice.org.uk.
Do not borrow more than you can pay back as defaulting on payments can lead to serious monetary problems.
Any collateral you have against the amount may be at risk of repossession.
5 most recent personal loan reviews

My personal loan from NatWest was planned in advance because I like to do plenty of research before committing to something as important as a building extension. I wanted to make sure the loan would be possible and that it was at a competitive rate before I started employing architects and builders. I was in regular contact with our local branch’s loan adviser and they finally sorted out a very good loan for me and once that was agreed I got on to the job of planning this extension. We’d already had the go ahead from the local council so it was all systems go once that all important loan was finalised. Sometimes it’s best to deal with your own bank for such an important loan and I am pleased that I entrusted NatWest with my loan.
Review posted by Wayne Crouch, Plymouth
- Customer Service
- Flexibility
- Ease Of Use
- Value For Money

In our position your company treats us well. We have the income but unfortunately due to circumstances beyond our control our credit rating is bad. Thank you Uswitch for giving us a chance.
Review posted by Neil Morrison, Perth
- Customer Service
- Flexibility
- Ease Of Use
- Value For Money

Suprised at ease of application. Never wanted to use these kind of things but had a very tough month and needed a few pounds before payday. After checking different options I found the small amount to payback manageable and it’s all payed back 2 days after payday. Easy process with quick response.
Review posted by Anthony Bell, Chelmsford
- Customer Service
- Flexibility
- Ease Of Use
- Value For Money
All reviews have been sourced from Trust Pilot to ensure authenticity of testimonials.