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About you
Representative Loan Example
All our agreements are secured against your vehicle and are subject to affordability.
Loans up to £1500 (10% per month)
Representative APR
442.85%
Duration
78 Weeks
(18 Months)
Amount of credit
£700
Fixed Annual Rate
120%
Total Cost of Credit
£1,260
Instalments
78 X £25.13
Loans over £1500 (8% per month)
Representative APR
310.23%
Duration
78 Weeks
(18 Months)
Amount of credit
£2,500
Fixed Annual Rate
96%
Total Cost of Credit
£3,600.00
Instalments
78 X £78.20
Minimum and Maximum Repayment Period
There is no minimum period as the loan can be repaid early with no redemption penalties.
Loans are typically 18 months in duration, we also offer 36 month contracts which although payments are lower would cost considerably more if the loan were to run full term.
If you choose to settle the loan early you would be entitled to an early settlement discount.
Warning: Late repayments can cause you serious money problems. For help or advice please go to www.moneyadviceservice.org.uk.
A logbook loan is secured against a vehicle. If you do not keep up with the repayments in line with the terms & conditions of the agreement your vehicle may be at risk of repossession and your credit rating will be affected.