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AA: Personal Loan reviews

Name: Personal Loan
Rating: 1.6 (45 reviews)

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1.49

Based on 45 reviews, last reviewed 4th Feb 2024

No new 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

11%

2 star

83%

Latest highest rating:

5

Aa to the rescue I applied to consolidate debts. Quick easy application, Offered a great APR which will save me thousands on credit card debt. I dont have the best cre... Read more Reviewed on: 26th February 2023

Latest lowest rating:

1

AA Kredit is a fake application Because AA Kredit is a fake application because this application is not registered with the NBFC or the RBI also it takes an advance. See Here AA kredit Loan ... Read more Reviewed on: 4th February 2024

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About this product

AA personal loan reviews on Smart Money People are honest reviews. If you're trying to determine whether this is the right personal loan for you, reading our AA personal loan reviews can help you to find out what other people have to say. Smart Money People launched in October 2014 to help people like you to find the best personal loans. If you have used a AA personal loan, we'd love you to write a quick review too.

AA Personal Loan reviews (45)

Review of the AA, Personal Loan:

Avoid AA for loans.

Avoid this company to get loans. They will try to lure you and make it look you're eligible for 3% loan. After adding all the detail the final APR was 21% haha, what a joke. I went with Sainsbury who gave me a better APR rate of 7% and got the money transferred in an hours time all digitally signed. Time wasters and ruins your credit history. Reviewed on: 24th December 2021

AA Kredit is a fake application Because

AA Kredit is a fake application because this application is not registered with the NBFC or the RBI also it takes an advance. See Here AA kredit Loan App Review Reviewed on: 4th February 2024

WE will have it in your account in 48 hrs LIE

forms completed online signed agreement then 3 days later still no funds and still awaiting a reason after being told sit back relax and the funds will be there within 48hrs, this will be taken to the FO as the statement is a total lie and false advertising Reviewed on: 6th November 2023

999 Credit score and still refused with no good reason

I came here to see reviews as I need to revisit a loan application and wanted to see if anyone experienced the same as me last time (Oct 2022). I see my story is similar to others, with a 999 credit score and a very affordable loan request (£15k and 5 years) I still got refused, this knocked me as I've never been refused for anything in 25 odd years, I tried to get any reasonable explanation and was given none. AVOID Reviewed on: 2nd October 2023

Deceptive APR. AVOID!

I'm pretty financially literate, have great credit history and have used personal loans in past so am fully aware that only 50% of people need get the advertised APR. However, I was offered an obscene APR of more than triple the advertised rate. I gave them the benefit of the doubt and assumed i must've overlooked something. But a year later a good friend applied for a loan and was hit with exactly the same thing! I'm now convinced it's a tactic to draw customers in then, once they've hard credit searched you, they hit you with an extortionate rate because now they know if you dont take it you'll have an extra search on your credit report for no reason! Definitley will not be using again and would warn anyone else from using them. Reviewed on: 24th March 2023

Aa to the rescue

I applied to consolidate debts. Quick easy application, Offered a great APR which will save me thousands on credit card debt. I dont have the best credit rating. I received text and email to advise through the process and the Money was in my account within the 2 days as specified. Reviewed on: 26th February 2023

We are here for you - but not really

Appalling service, the AA approached me wanting me to take out a top up loan after 4 of my 5 years in, It was to be helpful at the time so applied for a small top up. Credit score was 999 at the time. After approaching me on several occasions, then with a good salary, and 999 credit score, I got rejected, and my credit score went down because of it. No more AA for me, I also switched to RAC out of principle for breakdown cover. Reviewed on: 21st February 2023

Loan application

I applied loan online as mentioned 5% then found application accepted with 15%. Amazing without my consent. Avoid AA this is a big scam. Reviewed on: 18th February 2023

Scummy deceptive company

AA are featured within the Experian list of loan companies. They have however put a very low 5% interest rate to deceive people and make sure they're the top of any search. When you actually go through the application process they will literally quadruple the interest rate. You have to fully apply for the loan to get the right rate and they will give any indication of what the rate might be. I also specifically put that I don't want any form of marketing contact by any means and within two minutes of applying, I had junk mail from other load providers. Absolutely disgusting practice and company. Avoid them at all costs. Reviewed on: 13th February 2023

Avoid AA Loan

Doesn't matter how good your rating is, How much you earn a month, How much interest rate you will accept. After wasting 1 month and after ruining your credit ratings the answer will be NO at the end. I have Excellent credit ratings, I earn £3200 a month. Applied for £14000 loan and accepted, asked for required documents and provided, then told me your loan is approved and all documents accepted and money will be in your account in 3 days. 2 weeks later received a letter that your loan application is rejected as Financial conduct authority is not satisfied. I applied in Post office loan and received money into my account in 5 days. Now the question is, Why you approved loan? Why you wasting my money on postage where you can easily receive docs via email? Why you said we received all required docs and now you will receive money in 3 days? PLEASE AVOID AA LOAN AND ALL OTHER SERVICES IF YOU WANT PEACE IN YOUR LIFE. Reviewed on: 30th January 2023

Very insensitive

My late son had a loan with AA. He passed away in May 2020. After his death the loan was written off (as required by law). Every year since then AA send an annual statement (in my sons name) with an outstanding balance. I have rung every year (3 times now) and each time they assure me they will drop the letters. The letters are a terrible reminder of what happened and I just wish they would stop. Reviewed on: 19th January 2023

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