Since the 29th November 2018, we only offer the Reward Loan. When you apply for a loan, we'll do our usual checks to make sure our loan is right for you.
We'll look at your credit score every three months and if your credit score has gone up by 25 points, we'll automatically reduce your loan rate. Don't worry, this check won't affect your credit score. For every 25 points that your credit score increases, we'll reduce your loan rate by 2%, as long as you're up to date with your repayments.
We'll reduce your loan rate straight away and reduce your monthly repayment, so your loan will cost you less! Your loan rate can reduce all the way down to 7.9%. Best of all, if your credit score gets worse, we'll never put your rate back up.
Representative Example: 14.9% APR Representative based on a loan of £5,000, repayable over 42 months at an interest of 14.9% pa (fixed). Monthly repayment of £151.19. Total amount payable £6,350.06. Our representative APR applies to loans from £1,000 to £12,000, for terms of 12-60 months.
Our personalised APR ranges from 9.9% to 36.7%.