The Pros and Cons of Long-Term Loans: A Comprehensive Guide
Revealing the surprising advantages and disadvantages necessary cautions of long-term loans. A fearless approach to financial health.
WARNING! Late repayment can cause you serious money problems. For help go to www.moneyadviceservice.org.uk We are an authorised credit broker and not a lender and We may receive a commission from the lender.
Revealing the surprising advantages and disadvantages necessary cautions of long-term loans. A fearless approach to financial health.
Rates from 12.9% APR to 1721% APR. The minimum Loan Term is 1 month. The maximum Loan Term is 36 months.
Representative Example: £1,000 borrowed for 18 months. Repayment of 17 Months at £87.22 and final repayment of £87.70 The total amount repayable is £1570.44. Interest amounts to £570.44, an annual interest rate of 59.97%
Representative APR: 79.5% (variable)
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