A loan is a sum of money you borrow from a lender. Different types of loans are available for different needs and personal circumstances.
Depending on the type of loan (e.g., secured loan or person loan) you choose, your monthly repayments will be based on factors such as the interest rate applied, how much you borrow, and for how long.
Remember, if you consolidate your existing borrowing, you may be extending the term and increasing the amount you repay in total.
We’d recommending seeking advice from the impartial service - Money Helper.
Rates from 43.1% APR to 1333% APR. Minimum Loan Length is 1 month. Maximum Loan Length is 36 months. Representative Example: £1,200 borrowed for up to 75 days. Total amount repayable is: £1506. Interest charged is 0.34% per day, amounting to £306, annual interest rate of 124% (variable). Representative APR: 49.7% (variable).