Representative Example: You could borrow £10,699 over 60 months with an initial payment of £495.89 (including £199 Admin Fee) followed by 58 monthly payments of £296.89 with a final payment of £495.89 (including optional £199 Option to Purchase Fee). Total amount repayable will be £19,012,40. 26.1% APR, annual interest rate (fixed) 13.3%.
Longer terms, like 5–7 years, can lower your monthly payments but may increase the total amount of interest paid. Shorter terms mean higher monthly payments but reduce the length of your agreement and the overall interest you’ll pay.
