Pay a fixed monthly amount for the length of your HP agreement, and after the final payment the car belongs to you.
AA Cars acts as an introducer to Evolution Funding Limited.
AA Cars and Evolution Funding are brokers and not lenders.
You pay a fixed monthly amount to repay the borrowed funds for a car. Then at the end of the agreed term you can either make a final balloon payment to keep the car, choose to part exchange it, or return it to the dealer.
AA Cars acts as an introducer to Evolution Funding Limited.
AA Cars and Evolution Funding are brokers and not lenders.
It's like a long-term car rental. You drive a brand-new car for a fixed monthly amount over the lease term. When you return it at the end of the term, you have the option of taking a new lease.
AA Lease is provided by LeasePlan UK Limited.
AA Financial Services Limited acts as an introducer to LeasePlan UK Limited.
A personal loan is where you borrow an amount of money from a lender and then pay it back over a set period in monthly instalments.
Your repayments will include interest, so you end up paying back more than the loan amount.
An unsecured loans means you don't have to put up any asset – like your home – as security.
So you won't have to worry about potentially losing your property if you struggle to keep up with the monthly instalments.
The overall cost of your loan will depend on your credit score and the repayment period.
If you have a low credit score it will be harder to get the best personal loan rates, and you could be charged more interest than someone who has a higher score.
Before applying for a loan you can check your credit rating with one of the UK's credit reference agencies – Equifax, Experian and TransUnion. You can usually do this for free, but these agencies do use different scoring systems.
If you choose a repayment period over 2 years, the monthly instalments would be higher than the same loan amount over 5 years. However, because you pay more interest over the longer term, the overall cost of the loan is higher.
You can often use loan calculators to see how much your loan might cost over different periods.
Different providers offer their own loan amounts and terms, and the size of each loan can affect the terms.
Before you apply, make sure a personal loan is the right option for you and your financial position. Consider how much you need to borrow, and whether you can afford the repayments plus the interest.
Late or missed repayments can result in extra charges and have a negative impact on your credit rating. This could make it harder to get approval for future loans and credit.
If you do go ahead, take time to consider which loan option is most affordable.
Enjoy the feeling of owning your new or used car outright from day one. A personal car loan lets you pay back the borrowed money, plus interest, as fixed monthly repayments over an agreed term that suits you. The amount of interest varies, depending on the duration of the loan, as well as your personal circumstances and credit score.
This is a great option if you don't change cars very often. You can even secure a personal loan before you've found that car.
Keep your plans at home on track with a personal loan for those essential home improvements or repairs.
Whether you need a new roof, new conservatory, eco-heating and insulation, or a grand project you've been thinking about, this type of loan can help you make the most of your home.
A personal loan can help keep your finances running smoothly.
Consolidating your debt into a single loan can simplify your finances, lowering your overall monthly payments and the amount of interest.
In some cases you could pay more interest over a longer term, so always seek independent debt advice to understand if this type of loan is right for you.
Whether you're planning an intimate ceremony here or jetting off abroad, you'll want everything to be perfect.
If you need a helping hand, a wedding loan could be the answer. Spread the cost of your big day with fixed monthly repayments and a term that suits you.
Bank of Ireland UK adheres to The Standards of Lending Practice which are monitored and enforced by the Lending Standards Board. A copy of the Statement of Lender and Borrower responsibilities is available here.
AA Financial Services Limited acts as a credit intermediary and introduces customers to Bank of Ireland (UK) plc as its exclusive loans provider.
AA Financial Services Limited is authorised and regulated by the Financial Conduct Authority, reference number 727859. Registered Office: Fanum House, Basing View, Basingstoke, Hampshire RG21 4EA. Registered in England and Wales number 912211.
Bank of Ireland UK is a trading name of Bank of Ireland (UK) plc which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 512956. You can confirm this registration on the Financial Services Register on the FCA website. Registered in England and Wales number 7022885. Registered office: 45 Gresham Street, London EC2V 7EH.
AA Cars is a trading name of Used Car Sites Limited (registered in England and Wales number 4546950) and acts as an introducer to Evolution Funding Limited. Used Car Sites Limited is an appointed representative of AA Financial Services Limited (AAFS). AAFS is authorised and regulated by the Financial Conduct Authority, reference number 727859. Both these companies are members of the AA Limited group of companies and are registered at Fanum House, Basing View, Basingstoke, Hampshire RG21 4EA.
AA Cars introduces customers (covering HP and PCP) to Evolution Funding Limited. Evolution Funding Limited is authorised and regulated by the Financial Conduct Authority (reference number 823324). Registered address: Thompson Close, Whittington Moor, Chesterfield, Derbyshire S41 9AZ. Evolution Funding Limited is a credit broker not a lender.
AA Lease is provided by LeasePlan UK Limited. AA Financial Services Limited acts as an introducer to LeasePlan UK Limited. LeasePlan UK Limited is authorised and regulated by the Financial Conduct Authority, reference number 312989.
