On this page
Overlay
Loans
What does APR mean?
Representative APR
When you see a representative APR, it means that over half of people who've taken out a loan of a particular size from that lender have been given this rate.
All lenders advertise their loan rates in this way to help people compare across lenders. The representative APR will change depending on the loan amount.
To be representative it must be the rate offered to at least 51% of people, but it's not guaranteed and anyone applying for a personal loan could pay more than the representative APR advertised.
Information Message
Personal APR
A personal APR is a rate that has been calculated for you based on individual factors, like how much you want to borrow, your financial situation and your credit history.
Your personal APR may be different to the representative APR we advertise, and different lenders may offer you different APRs.
If you already bank with us, you can find out your indicative personal APR by using our Quick Quote tool. It'll tell you how likely you are to be approved, give you a personalised rate and show you what your monthly repayments could be. And all without affecting your credit rating.
Information Message
Loan calculator
With no impact on your credit rating, you can use our calculator to work out the representative APR and estimate your monthly payments, depending on how much you want to borrow.
Quick Quote tool
We can tell you if you're likely to be approved and show you your indicative personal APR, borrowing threshold and monthly payments. All with no impact on your credit rating.
Borrowing needs tool
A loan might not be right for you. Depending on your borrowing needs, an overdraft or credit card might be a better option. This tool will help you assess your borrowing options.