Conister Bank

1 reviews

7.625% Representative

Will lend between: £500 - £25,000

Over: 12 - 60 Months

Representative example: Representative Example: If you borrow £10,000 over 48 months at a Representative rate of 7.625% APR and an annual interest rate of 7.625% (fixed), you would pay 48 monthly instalments of £271.88. The total charge for credit will be £3,050 and the total amount payable will be £13,050.

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Conister Bank customer reviews.

1 reviews

5.0 out of 5 stars

Loan to help with vet bills!
13:46 18-04-2018
ImageSmart Money People

Last year we sadly lost our beautiful loving family staffie called Micky. He was 11 and had been receiving treatment for a few months but to no avail and we had to make the hardest decision we’ve had to and have him put to sleep. My wife and I knew the vet bills wouldn’t be cheap but we’re not expecting the total amount when the invoice come in. We approached Conister bank for a loan and within a few hours it was approved and we were able to clear our vet bills. Would strongly recommend as they were fantastic!!

Phil

Our review of Conister Bank

Conister Bank were established in 1935 and position themselves as part of the community on the Isle of the Man. They help support local businesses and initiatives such as sponsoring school art competitions and events as well as their employees volunteer and take part in charity activities. The usual criteria apply for applicants considering taking out a loan with Conister Bank – you’ll need to be aged 18 or over and have a regular income, however, what differs from others is that you’ll need to be an Isle of Man resident to apply.

Something that can seem inconvenient is the application cannot be completed online, you’ll either need to go into the branch or call their telephone team. Although this does support their more personal and human way of doing business, for those who want to complete the application in their own time it can be a bit of a pain.

Overall verdict: If you’re in the Isle of Man, have decent credit and have time to do an application in branch, then Conister Bank could be a lender worth considering. They appear to be approachable so if you’re worried about the application process then you may benefit from that one-to-one guidance.

Written by: Alex

Highlights

  • Loans for Isle of Man residents
  • They don’t charge a fee
  • Established over 80 years ago
  • Fast and personal lending decisions

Minimum criteria

  • You must be an Isle of Man resident
  • You need to be aged 18 or over
  • You must have a regular income

Fees

  • Maximum APR 12.5%
  • Arrangement fee: £0
  • Early repayment fee: £0
  • Late payment fee: £0

About Conister Bank

Conister Bank offer unsecured loans from £500 to £25,000 that can be borrowed between one and five years. Their representative APR is 7.625%, although this can change depending on the loan term, loan amount and your personal circumstances. Conister Bank only offer loans to residents of the Isle of Man, aged at least 18 and have a regular income.

The application can be completed over the phone or in branch and you can either complete the form there, or download it from the website, fill it out and take it in. They make all their decisions on the Isle of Man and take into account all your personal circumstances when making the decision. Until the customer has received their individual quote and moved forward in the process to the lending decision, there is no credit footprint left on your file by Conister Bank.

Once approved, the loan will normally show in your nominated Isle of Man bank account within 24 hours. They don’t charge a fee for applying and to find out the outstanding balance of the loan or settle the loan early simply call their number during working hours, Monday to Friday.

Company information

Registration number: FC024114

www.conisterbank.co.im

01624694694

Clarendon House, Victoria Street, Douglas, Isle Of Man IM1 2LN

FCA registration

Reference No: 038088

Trading names: Conister Bank

Place of business: Clarendon House, Victoria Street, Douglas, Isle Of Man IM1 2LN

Data protection registration

Registration No: Z9283850

Data controller: CONISTER BANK LIMITED

Address: Clarendon House, Victoria Street, Douglas, Isle Of Man IM1 2LN

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