Learn more about our borrowing options Fixed repayments for the life of your loan Your loan repayment will be taken each month by Direct Debit on a day specified by you between the 1st and 28th of the month.
Annual loan statement Each year, on the anniversary of your loan opening, you'll be sent a loan statement confirming details of the repayments made and repayments outstanding.
Consolidating debt usually involves taking out new credit to pay off existing credit.
Debt consolidation is the process of taking out a loan to pay off one or more debts that you currently have—for example, credit card balances, or small loans you may have taken out.
Debt consolidation is a manageable and often more affordable way to regain control of your finances.
Your interest rate will never change during the life of your loan.
When you’re in debt, missing just one payment can damage your credit score and increase your interest rate.