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What is APR?

17th September 2020

APR, or Annual Percentage Rate, can make comparing loans a tricky task. While lenders are obligated to state the APR on their websites, it’s not necessarily the best way to make sure you are getting the cheapest loan for your needs, especially if you are looking for a loan with a loan term of less than 12 months.

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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What is APR?

How much would you like to borrow:

Your monthly repayments are:

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