HSBC: Premier Loan
- Provider: HSBC
- Product: Premier Loan
- Funded by: provider
Representative example: The representative APR is 5.7% so if you borrow £25,000 over 84 months at a rate of 5.7% p.a. (fixed) you will repay £361.63 per month and £30,376.84 in total.
| Loan and application details | |
| Loan details | |
| Rate tiers | £1,000 - £2,999 - 21.9% £2,999 - £4,999 - 18.9% £4,999 - £6,999 - 16.9% £6,999 - £25,000 - 5.7% |
| Risk based pricing | |
| Minimum / Maximum term | 12 to 96 months |
| Minimum / Maximum term restrictions | Loans up to £14,999 can be taken out for up to maximum of 60 months and Loans from £15K - £25K can be taken out over maximum of 96 months. |
| Minimum / Maximum advance | £1,000 to £25,000 |
| Application information | |
| Minimum age | 18 years |
| Minimum income | £0 |
| Existing customers only | yes |
| Geographical restrictions | |
| Arrangement fee | £0 |
| Direct debit required | |
| Internet loan | |
| Online decision | |
| Postal loan | |
| Branch loan | |
| Telephone loan | |
| Joint application allowed | |
| Debt consolidation allowed | |
| Managing the loan | |
| Loan options | |
| Early redemption charge | 1 month |
| Deferred start | Optional deferred start. |
| Repayment breaks | yes |
| Flexible rescheduling | yes |
| Product data provided by Defaqto |
