RateSetter: 1 Year Loan

Provider:
RateSetter
Account:1 Year Loan
Representative example:The representative APR is 30.80% so if you borrow £1,000 over 12 months at a rate of 30.80% p.a. (variable) you will repay £98 per month and £1,175 in total.
Loan details
Rate tiers

£1,000 - £1,999 - 30.8%

£1,999 - £2,999 - 16.8%

£2,999 - £3,999 - 12.4%

£3,999 - £4,999 - 10.2%

£4,999 - £5,999 - 8.9%

£5,999 - £10,999 - 8.8%

£10,999 - £25,000 - 8.7%

Risk based pricing
Minimum / Maximum term 12 months to 23 months
Minimum / Maximum advance £1,000 to £25,000
Applicant information
Minimum age 21 years
Minimum income £18,000
Existing customers only

no

Geographical restrictions

no

Applying for the loan
Arrangement fee charged yes
Application options Internet Loan
Online decision
Postal Loan
Branch Loan
Telephone Loan
Application features Direct debit required
Joint application allowed
Debt consolidation allowed
Express delivery details

yes

Managing the loan
Early redemption charge

0 month

Deferred start

no

Flexible rescheduling

yes