Deciding how long to borrow for

A small change to your loan term could make a difference to the rate we offer. You could try getting a few quotes with slightly different terms (for example – 37 months instead of 36) to see if it changes your rate.

Before you apply for a loan, think carefully about what you can afford to pay back each month.

Increasing or decreasing your loan amount

We have different rates for different loan amounts. In some cases, borrowing more could mean you pay back less.

It’s worth checking whether you could get a better rate by increasing or reducing the amount you borrow. You can do this by getting multiple quotes.


Depending on the rates you're offered, for a 4 year loan, you could borrow:

  • £4,950 at 9.9% per annum and pay back £5,966.88, or
  • £5,000 at 4.4% per annum and pay back £5,452.80.

In this example, you'd save £514.08 by borrowing £50 more.

Interest rate ranges

Each loan amount has its own interest rate range. This is the highest rate and the lowest rate we may charge. The interest you’re charged on your loan will sit somewhere in this range.

We’ll confirm your interest rate during your application. Find out more about our personal loan rates.

Details of Interest rate ranges for loans over 1 to 5 years
Loan Amount Lowest Rate (fixed) Highest Rate (fixed) Representative APR (fixed)
£1,000 - £2,999 13.9% 29.9% 13.9%
£3,000 - £4,999 9.9% 29.9% 9.9%
£5,000 - £7,499 4.4% 29.9% 4.4%
£7,500 - £25,000 3.4% 29.9% 3.4%

How to get multiple quotes

We always suggest getting multiple personalised quotes before applying for a loan.

You can get a quote in the same way you apply for a loan. Just fill out our application form online or give us a call.

You can get multiple quotes from the same application form, so you'll only have to fill it out once. You can compare these quotes against each other in the same application.

To get a personalised quote, we complete what's known as a soft credit check. This check will not impact your credit score.

Your credit rating will not be affected unless you choose to continue with your quote and complete your application. This is when we carry out what's known as a hard credit check on your file. We'll let you know before we carry out this check.