Personal Loans News

As the launch of the 57 number plates draws closer, many British consumers could be heading to their chosen lender to get a car loan ahead of the purchase of a new car.

With the launch of the new 57 number plates approaching, many UK consumers could be tempted to head to the country’s car showrooms to buy themselves a new car, or look to make a bit of a saving by purchasing 07 plated models. However, according to moneysupermarket.com, if these consumers do not make the most of cheap car loans to finance their purchase, opting for forecourt finance or similar instead, they could find themselves paying a lot more than they bargained for.

Last week, a study indicated that a significant number of British drivers may not be using money from their car loan to purchase an adequate motor insurance policy.

British motorists could find that a greater proportion of money from their car loan is being taken up by insurance, as a new study indicates a number of providers are cashing in on "hidden charges".

By using money from a personal loan for a car purchase an environmentally-friendly car insurance policy drivers can help offset carbon emissions, it has been revealed.

Women could be using the personal loan taken out to finance a car more competitively than men by purchasing a used vehicle at a lower price, new figures suggest.

Drivers could find a higher amount of the personal loan taken out to purchase a car spent on insurance if they choose environmentally friendly policies, new figures reveal.

Motorists could find themselves with increased motor loan costs as a rising number of accidents on the road raises insurance premiums, a new study reveals.