Put your plans into action with our
low rate loan

3.9% APR Representative

On loans between £7,500 and £15,000 over 18 months to 5 years

AA Financial Services is a credit broker


Car loans


AA Loans are provided by Creation Consumer Finance Limited. AA Financial Services Limited (AAFS) acts exclusively in relation to loans as a credit broker for Creation Consumer Finance Limited.

APR stands for annual percentage rate. This is the total charge for the loan including fees and interest expressed as a percentage. The APR you are offered may differ from the representative example displayed. This is because each loan application is assessed on an individual basis and on a number of factors including the information you have provided in your application and data we obtain from credit reference agencies.

AAFS is authorised and regulated by the Financial Conduct Authority, and are included in the Financial Services Register (FRN: 631019). AAFS, registered in England and Wales number 912211. Registered Office: Fanum House, Basing View, Basingstoke, Hampshire, RG21 4EA.

Creation Consumer Finance Limited is authorised and regulated by the Financial Conduct Authority, and are included in the Financial Services Register (FRN: 311518). Creation Consumer Finance Limited Registered Office: 6th Floor, Royston House, 34 Upper Queen Street, Belfast BT1 6FD. Registered in Northern Ireland NI32565. Correspondence address: Chadwick House, Blenheim Court, Solihull B91 2AA.

Personal loans explained

At the AA we offer unsecured loans, which are usually referred to as a 'personal loan'. An unsecured personal loan is an advance of money that is not secured by collateral such as your home.

A credit scoring will be undertaken to analyse whether you'll be accepted for an unsecured personal loan and will determine the amount of interest you will pay. The amount of interest you pay depends on your past history of meeting debts and repayments. Normally the better your credit rating, the lower your interest rate will be.

Typical unsecured personal loan amounts vary, but most will be between £1,000 and £25,000, and are repaid over one to five years. You can use an unsecured personal loan to buy a car or pay for home improvements, for special events like weddings and holidays, or to consolidate your existing debt.

Some common loan terms are described in more detail below and can help you understand the application process.

Arrangement fee

Some lenders will charge a fee for arranging a loan, usually a one-off payment. An AA Loan has no arrangement fee.


CCJ stands for County Court Judgement. These are usually issued if you have defaulted on payments of previous debt. Having a CCJ will usually affect your credit score and ability to borrow money in the future.

Credit reference agencies and your credit rating

When borrowing money you agree that the lender can check your credit rating. Your credit history will be held by a credit reference agency such as Experian or Equifax. You can access your credit history by visiting a credit reference agency's website.

Debt consolidation

If you have outstanding debt spread across a number of other loans, credit cards or store cards, you can combine these into one loan with one fixed payment. This is called 'debt consolidation'.

Fixed repayments

This is a regular fixed monthly repayment amount payable for the duration of your loan.

Fixed interest rate loans

These are fixed and can't be changed by the lender or the customer for the term agreed. Even if the Bank of England change the base rate, your loan rate will remain unchanged, giving you added peace of mind.


A loan is a sum of money which is borrowed and paid back, usually with interest over a period of time.

Payday loan

Payday loans are usually smaller amounts repaid over 30 days, and carry a higher interest rate. These loans typically cover your expenses until you receive your monthly salary. Amounts are typically between £100 and £1,000, and interest rates can be high. We don’t currently offer payday loans at the AA.

Representative APR

The 'representative APR' (annual percentage rate) is the interest rate we charge to the majority of our customers who apply for a particular loan amount. We may offer a different APR based on your personal circumstances and the amount that you want to borrow.

Secured loans

Secured loans or homeowner loans are larger amounts – between £15,000 and £200,000. They are secured on your property – either a property you own or have a mortgage on. So if you can't meet repayments, you risk losing your property. We don't currently offer secured loans at the AA.

Settlement figure

You may repay all or part of your loan early at any time. If you repay part of your loan early your monthly repayments will be reduced but the duration of the loan period will remain the same. If you settle the loan early in full, you may have to pay interest on the amount repaid or the amount of interest that may be payable depending on the length of your loan.


This is the period of time over which the loan has been taken.

Managing your finances

Managing debt

Useful contacts
The following teams and organisations offer useful advice in relation to debt management, and we recommend that you take the opportunity to take their free advice. They will be able to help with any questions and suggest a suitable course of action.

Citizens Advice Bureau
The Citizens Advice service can help you sort out money, legal or other problems by providing free advice and information. You'll find your nearest Citizens Advice office listed in the phone book.
Or visit

Money Advice Service
The Money Advice Service is set up by government and offers free and impartial money advice. Telephone 0300 500 5000
Or visit

StepChange Debt Charity
This is a registered charity that provides free, independent and realistic debt management advice. Telephone 0800 138 1111.
Or visit

Debt Line
This is a free helpline for people with debt problems. Telephone 0808 808 4000.
Or visit

Not an actual debt management charity (DMC), but is the largest UK network of advice organisations. Please note that they do not give advice themselves. They have contact details listed for most DMCs and other organisations that can help customers with their debt problems. Telephone 0300 777 0107.
Or visit

Frequently asked questions about loans

How much can I borrow?

Our loans are available from £1,000 to £25,000

How long can I borrow the money for?

You can repay your loan over 12 to 60 months (1 to 5 years). The repayment term is selected in 6 monthly increments. A one year term is only applicable for loans under £5,000.

What can I borrow the money for?

You can take out a loan for almost any reason including home improvements, buying a car, taking a holiday and a whole host of other reasons.

What does 'representative APR' stand for?

The 'representative APR' (Annual Percentage Rate) is the interest rate we charge to the majority of our customers who take out an agreement for a particular loan amount. We may offer a different APR based on your personal circumstances and the amount that you want to borrow.

How do I apply for an AA Loan?

You can apply online now

What information do I need to apply for an AA Loan?

To complete your AA loan application we'll need:

  • a form of identification
    • if you're a UK resident (excluding Northern Ireland) your passport, driving licence or a recent electricity bill
    • if you're resident in Northern Ireland your passport
  • a landline telephone number (if you don't have a home phone, this can be your broadband number)
  • your residential history for the last three years (including postcode)
  • your bank or building society current account details
  • your credit or debit card details

What is credit scoring and how do you use it?

Using the information you have provided, together with details from a credit reference agency, we assess your application and give it a score. This score is then matched alongside our 'acceptance' score, which is based upon detailed analysis of our experience with previous applicants.

If your application reaches the 'acceptance' score, your application is accepted. If it does not reach this score, it is refused. Credit scoring evaluates the risks attached to an application. This doesn't mean that a refused applicant is a bad payer, but simply means that our acceptance requirements haven't been met.

Is there a fee for arranging my loan?

No, there isn't a fee to arrange an AA Loan.

How quickly will I receive a decision on my loan application?

In many cases we are able to provide an approval decision instantly after you apply online, However there may be times when this isn't possible or we may need to request additional information.

How secure is my online loan application?

You can rest assured that every online loan application is protected by the latest 128-bit encryption security software.

What happens if I want to repay my loan early?

You can repay part or all of your loan early at any time.

If you repay part of your loan early, the monthly repayment amount will stay the same but the loan term will decrease. There will be no 'early settlement' fee charged.

If you repay all of your loan early, there will be an 'early settlement' fee charged.

You can pay any extra fees by

  • bank transfer
  • online payment
  • pay by phone
  • pay by cheque

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Your existing AA Loan

If you have recently taken out an AA Loan

taken out after December 2013

  • For general enquiries please call 0845 241 1308
  • To manage your account online click here

Lines open Monday to Friday 8.30am to 9pm, Saturday 8.30am to 7.30pm, Sunday 10am to 6pm


If your loan was provided by
The Co-operative Bank

taken out before December 2013

  • For general enquiries please call 08457 212 212

Lines open Monday to Friday 8am to 9pm, Saturday 9am to 6pm, Sunday 9am to 6pm

If you are experiencing financial difficulties call 0800 028 8696 or visit

If your AA Loan was taken out before August 2009

  • For general enquiries or if you are experiencing financial difficulties please call 0845 606 1651

Lines open Monday to Friday 8am to 10pm, Saturday 8.30am to 6pm, Sunday 9.30am to 5.30pm


Personal loan

Representative example


£7,500 over 60 months


at a fixed interest rate of 3.9% per annum would result in a representative

APR of 3.9% APR


monthly repayments of



and a total amount payable of  £8,253.00