How much do you want to borrow?
£1,000 £7,499Over how many months?
12 months 60 monthsMonthly Repayment
Total Interest paid
Arrangement Fee
Total amount paid
8.2% - 19.8%
13.9%
£1,000 - £7,499
Minimum Term 1 year
Loans up to £7,499 - 5 years
Direct Debit
4-5 working days
No Fee
None Available
Transferred into your bank account
Yes
165th for APR of 423 loans in the UK (See Lender League Table By APR)
131st for Customer Satisfaction (See Customer Reviews)
Yorkshire bank offer loans from £1,000 to £7,499 which you can use for any purpose. You can apply online or over the phone with Yorkshire Bank. After you have completed your online application, they will give you a reference number (note this down somewhere). They will then contact you via email within 2 business days. Once you have been provisionally accepted, a letter and your loan agreement will be posted to you. Once signed, sent back and received by Yorkshire, they should pay the money out within 3 - 5 working days.
If you're not already a customer of Yorkshire bank then the application process can take longer and they may want you to open a bank account with them. The general consensus is that Yorkshire Bank do offer loans at relatively good interest rates, however their customer service is renowned for being bad and decisions have been known to take a lot longer than the advertised time periods stated. If you couple this with the fact there is a lot of sending and receiving of documents (they may ask for extra documentation with your loan agreement), it can take quite a while for you to get the money in your bank. Late payment fees are pretty standard for one of the high street banks as illustrated below.
|
Default Fees |
Letter from collections department - £20.00 |
|
Early Settlement Fees |
None |
|
Other Fees |
Letter from solicitors - £20.00 |
|
Late Payment Fees |
Late payment - £12.00 |
Average Customer Review:
(6 customer reviews)
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Good banking
Alan, Otley
4 months ago
I had to go to the Yorkshire bank to sort my departed mothers account, fantastic old fashioned banking like I have not seen at my bank, Barclays, I will be moving my account this week.
Rubbish
Frances, East sussex
1 year ago
They are unhelpful, rude and do not listen to instructions on how to manage your loan do not use them.
STILL WAITING FOR LOAN!!
Gary, Whitby
3 months ago
After been with this bank for 24 years with excellent credit history, i decided to get a small loan to purchase a car. this was a MONTH ago. I rang and rang and kept getting the same answer we have sent the paperwork 1st class, we will resend it. this happened 4 times, the loan was approved according to the advisor on the phone but I am still waiting for the paperwork just to sign, I have now lost the car I wanted AND THE DEPOSIT as it has been waaaaaay longer than i ever expected?! would deffo not reccomend this bank for loans etc, customer service is TERRIBLE
new customer
Siobain, Blackpool
10 months ago
I am a new customer and went to open 3 savings accounts today................was not even greeted with a smile!
Poor customer service
Kayleigh, Melksham
1 year ago
Requested a loan at least 5 times through Yorkshire bank call centre and once in branch. Was told they would ring which never happened. Very poor customer service as branch cannot be contacted direct by phone. Would not recommend as a bank.
Clydesdale Bank PLC, Registered Office, 30 St Vincent Place, G1 2HL
0845 603 3241
Yorkshire Bank Debt Help
http://www.debt-line.org.uk/YorkshireBank
