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Direct Line Personal Loan Review

Direct Line personal loan

With a Direct Line personal loan you can borrow any amount from £2,000 to £25,000 with a typical apr of only 6.1%. It takes 7 steps to make a valid application for a loan with the average time taken to be only 10 minutes.

Direct Line have one of the lowest interest rates available for UK loans at only 6.1% apr typical, however to be eligible for this rate depends on your personal credit rating and also the requested loan amount. You can see from the summary box below what are the typical apr's applied to typical loan amounts.

There is no arrangement fee and loans must be repaid within 2 to 7 years, this repayment period will depend on your ability to repay and your current income level.

Aditional benefits include a 10% discount on your car insurance premiums and also free breakdown cover for 2 years.

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Quick Summary Box
Loan Amounts and APR's £2,000 to £4,999 - 13.9%typical
£5,000 to £25,000 - 5.9% typical
Loan Repayment Periods 1 to 5 years
Early Repayment Penalties 2 months
Comments Overall, a fine personal loan offer from a company that you can trust. Direct Line are now a very popular provider of personal loans in the UK mainly due to the typical 5.9% apr that most people apply for due to the loan amount. No arrangement fee.
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