How much are my payments and how much will I pay back?
The monthly payments and the total to repay are fixed (this means they’re the same each month) and will depend on how much you borrow and for how long. You will be advised how much this will be before you enter into an agreement, both verbally and in writing, in order to give you adequate time to make up your mind. You can calculate how much it could be using our finance calculator.
How do I pay the loan back?
Payments are taken from your bank account; the most popular method is by Direct Debit, so all you need to do is ensure the required funds are available in your bank account in time for the promised repayment date. Other than that you needn't lift a finger.
What happens if I’m going to struggle to make a loan repayment?
You must be up front and honest with us when you see issues coming up - we understand that unforeseen events happen and if you warn us about a potential problem before the promised repayment date, we may be able to work something out with you. We have resolution plans in place which means, depending on your circumstances, we may be able to accept a partial payment until you can get back up to date. Please call 01942 686 686 and we will be able to discuss this in more detail with you.