RateSetter: 1 Year Loan
- Provider: RateSetter
- Product: 1 Year Loan
- Funded by: Individual lenders
Representative example: The representative APR is 7.0% so if you borrow £1,000 over 12 months at a rate of 7.0% p.a. (variable) you will repay £86.53 per month and £1,038.32 in total.
| Loan and application details | |
| Loan details | |
| Rate tiers | £1,000 - £25,000 - 7.0% |
| Risk based pricing |  |
| Minimum / Maximum term | 12 to 23 months |
| Minimum / Maximum term restrictions | no |
| Minimum / Maximum advance | £1,000 to £25,000 |
| Application information | |
| Minimum age | 24 years |
| Minimum income | £18,000 |
| Existing customers only |  |
| Geographical restrictions | |
| Arrangement fee | £115 |
| Direct debit required | |
| Internet loan | |
| Online decision | |
| Postal loan | |
| Branch loan | |
| Telephone loan | |
| Joint application allowed | |
| Debt consolidation allowed | |
| Managing the loan | |
| Loan options | |
| Early redemption charge | 0 month |
| Deferred start | no |
| Repayment breaks | no |
| Flexible rescheduling | yes |
| Product data provided by Defaqto |
