Introduced by
In partnership with
Introduced by
In partnership with
Representative 8.3% APR. Based on a loan of £4,000 over 3 years, with monthly repayments of £125.34 and total amount repayable of £4,512.44, which includes £512.44 interest at 8.3% fixed.
The AA was born in 1905, as a response to the police enforcement of ‘The Motor Car Act’ that forbade vehicles from exceeding 20mph.
An enterprising group of motor enthusiasts (dealers) organised patrols to warn motorists when approaching these early speed traps and later ‘sentry’ boxes. A mutual membership system ensued and after a few years of cat and mouse that ended with the removal of the 20mph speed in 1930.
From the sentry boxes came the AA telephone boxes, allowing members to get help on the roadside.
In 2009, the AA demutualised and joined the Centrica group in a £1.1bn deal, only to be sold on to private equity in 2004 for £1.75bn!
The AA - then the Automobile Association Financial Services business was started back in 1967 to provide better products and services to its members.
By the 2000s, the AA had sold its one millionth car insurance policy and was offering loans, credit cards, savings accounts and a full range of other general insurance products.
The AA has always been renowned for offering very good value products and its loans usually have some of the most competitive rates in the market for loans.