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Deciding If An Online Loan Is Right For You

15th February 2023

Deciding on an online loan is not a decision you should make in minutes.

Many different types of loans are available today, so taking your time to explore all options is key. You should also consider whether a payday loan is right for you or whether you can access credit through more traditional credit choices.

Don’t worry if you’re unsure right now. In this blog, we’ll look at what you should consider before choosing a loan.

WARNING: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk

Multi Month Loans

How much would you like to borrow:

£200

£750

How long would you like it for?

3 months

6 months

Your monthly repayments are:

Total amount to be repaid:

Annual percentage rate:

New Customer

Representative Example: £200 loan for 6 months at a fixed interest rate of 290% pa. Total amount payable is £355.99 in monthly instalments of £65.11, £78.35, £64.05, £58.76, £48.16 and £41.56. This is based on the amount of credit plus interest, no other fees apply. Representative 1266.2% APR

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Deciding If An Online Loan Is Right For You

How much would you like to borrow:

Your monthly repayments are:

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