Representative APR 33.6% (variable)
The personal instalment loans offered through the panel of lenders have a typical representative APR of 33.6%. Because of the wide range in the amount that you can borrow the cost can vary quite a bit. When you are offered a loan from one of the lenders on Monevo's panel, the costs are clearly shown on your loan offer. So that you can decide whether to proceed.
Representative 33.6% APR. Representative example: £2200 borrowed for 36 Months. 36 payments of £115.90. Total Amount Repayable is £4172.37. Interest Charged is £1972.37, Interest Rate 29.9% pa (variable).