RateSetter: Personal Loan

Account:Personal Loan
Representative example:The representative APR is 3.90% so if you borrow £10,000 over 60 months at a rate of 3.90% p.a. (fixed) you will repay £184 per month and £11,023 in total.
Loan details
Rate tiers

£1,000 - £6,999 - 7.3%

£6,999 - £35,000 - 3.9%

Risk based pricing
Minimum / Maximum term 6 months to 60 months
Minimum / Maximum advance £1,000 to £35,000
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 Joint application allowed
Debt consolidation allowed
Managing the loan
Early redemption charge 0 months
Deferred start no
Flexible rescheduling yes