Loan Representative Examples

Representative Examples:

Representative Small Loan Example: If you borrowed £80 for 28 days, you would repay £100 with an interest rate of 25%. This is 1734% variable. Representative Unsecured Loan Example: If you borrowed £500 for 12 months, you would repay £949.01 with an interest rate of 89.8%. This is 278% variable. Representative Secured Loan: If you borrow £15,000 for 7 years, you would repay £24,206. This is 15.9% variable.

The actual APR varies between loan amount, length of time that a loan is taken, and may differ from those shown above. The information provided above is only ‘typical’ information and given as a representative example. You will receive clear details of all charges, fees, interest rates, APR’s as well as terms and conditions before you finalise any loan. We recommend that you take time to read all of this information in detail.