Personal loans good for car buyers

Thu, 30 Aug 2007



A Halifax study indicates that unsecured personal loans provided by the bank are useful to people in search of a new vehicle .

The rush for car finance is currently on, with thousands of UK consumers looking for a new car as the launch of the 57 registration plate draws ever nearer. Hundreds of thousands of UK consumers are thinking about buying a new car .

Personal loans from Halifax come with several attractive features. For instance, borrowers get a three month repayment holiday, useful for people looking for insurance and tax .

The head of Halifax unsecured personal loans, Neil Chandler, reportedly commented: "Purchasing a new car takes a lot of time and thought as it is a big financial commitment. It is important to choose a finance deal which suits you best, leaving you free to sit back and enjoy your new car ."
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