Loan Calculator
PAYMENT SUMMARY
LOAN INTEREST INFORMATION
The interest rates are on the reducing balance as follows:
The interest rates are on the reducing balance as follows:
|
For the total loan of
|
Monthly interest on reducing balance
|
Annual Percentage
Rate (APR) |
|
|
Share Secured Loan – Up to £5,000
|
–
|
0.635%
|
7.9%
|
|
Loans under £1,000
|
–
|
1.52%
|
19.9%
|
|
Loans over £1,000
|
–
|
1.164 %
|
14.9%
|