Personal Finances
Online Loans APRs
| The
table below illustrates the range of capital tiers that are available
through our loans online. |
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|
Type of Loan |
Amount borrowed |
|
Personal Loan Online |
£2,000 - £4,950 |
|
£5,000 - £7,450 |
|
£7,500 - £9,950 |
|
£10,000 - £12,450 |
|
£12,500 - £15,000 |
| |
The table below illustrates repayment examples.
| Loan Amount |
£2,000 |
£4,000 |
£6,000 |
£8,500 |
£12,000 |
£15,000 |
| Repayment Period |
60 months |
60 months |
60 months |
60 months |
60 months |
60 months |
| Monthly Repayment amount with
insurance |
£53.48 |
£106.96 |
£151.22 |
£211.23 |
£297.51 |
£362.27 |
| Monthly Repayment amount
without insurance |
£44.00 |
£88.00 |
£125.50 |
£175.66 |
£247.50 |
£302.50 |
| Total Amount Payable |
£3,208.80 |
£6,417.60 |
£9,073.20 |
£12,673.80 |
£17,850.60 |
£21,736.20 |
| APR % |
12.1% |
12.1% |
9.7% |
9.2% |
9.1% |
8.1% |
|
| |
Typical Example
Typical example of a Personal Loan Online based on £9,000 over 48 months
without optional credit insurance. If 48 monthly payments of £234.22 are
made then the total amount payable is £10,728.00
APR 9.3% |
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Note that these are Repayment Examples only. The
precise amount of the Repayments may vary. Rates are correct at 04 Feb 2002,
and are variable. APRs are subject to change without notice, but once the
APR is agreed it will not alter throughout the term of your loan.
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