Loan provider profile: Lombard Direct
Lombard Direct is among the leading direct providers of unsecured personal loans in the UK, lending from £2,000 up to £25,000. Established in 1996, it is part of the Royal Bank of Scotland Group. Since their formation, Lombard Direct have set up over 900,000 accounts.
Lombard Direct have won awards for their loan products, scooping the award for Best Personal Loan Provider and the award for Best Online Personal Loan Provider in the Your Money 2006 awards.
Making things easy appears to be the mantra for Lombard Direct. Their website makes it clear to see how much a loan would cost you, with personal calculators featured on the home page. This allows you to see whether you can comfortably afford to meet any loan repayments.
The site is easy to use and everything is explained in plain and simple terms. It also has a comprehensive Glossary of loan terms to further simplify matters.
Applications for a loan can be made online or via a freephone number which is available seven days a week between 8am and 9pm, meaning that you can apply at a time convenient to you.
Though they are renowned for their loan products, they do also offer a Lombard Direct credit card. Plus, they also offer Lombard Direct Loan Payment Protection insurance to complement their loan products.