Compare Low Interest Loans

A low interest loan is a loan that has a low APR. Whatever kind of loan you're after, you're going to want the lowest interest rate available. Finding the best rates is a matter of knowing both what to look for and where to look for it.

Shorter term loans tend to have much higher interest rates, largely in order to ensure that you pay them off quickly - this is particularly the case with payday loans, which typically come with APRs in excess of 1,000%.

All other things being equal, if you've got a better credit rating, you'll be able to get better interest rates on any credit you take out. You can check your credit rating for free with Money Expert by visiting our Credit Expert credit report checker.

If you do have a poor credit rating, consider a credit building card, or even a guarantor loan.

Depending on both your reason for borrowing and the amount you want to borrow, you might be better off with a credit card or even an overdraft facility. Contact your bank for details about overdrafts.

Although the APR you’re offered depends on your credit score and the loan amount you’re looking for, your loan provider may offer other perks you can benefit from. So, before you commit to a lender, check if they can offer you any additional benefits such as no early repayment fees, improved rates for consistent repayments or enhanced customer support. 

We outline all our lender’s benefits with any loan offers you receive, so you can easily compare your  options when making your decision.