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Loans Market provides all the information you need on loans. We have done our homework so you don't have to! Loans Market has researched the loan marketplace and provides information on all sorts of loans including Personal Loans, Unsecured Loans, Secured Loans, Debt Consolidation, Car Loans and Home Improvement Loans. Use our loan comparison page, Compare Loans, for the latest online Typical APR rates, whilst the Jargon Buster page explains the terminology used in the loan marketplace. The Loan Reviews page provides reviews on many online lenders and brokers. And if you are having problems with debt repayment or past history issues, see our Credit Problems page.

Typical APR

The interest you pay will be quoted in terms of an APR, annual percentage rate, and is the rate that you should use as a comparison. When a rate is quoted it will usually be the typical APR, which is the rate, offered to over 50% of successful applicants.

The exact rate you will be offered depends on the amount you want to borrow, the repayment period and your own personal circumstances.

Interest is charged on a loan and this can be fixed or variable. A personal loan is usually fixed through out the repayment period but can be variable for longer repayment periods; you will be informed of this when you set up the loan.

The lowest Typical APR is usually offered on unsecured loans; if a higher amount or a longer repayment period is needed a secured loan should be your preferred option.

See our Compare Loans page for a comparison of the latest Typical APR rates.

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The details published on this site are intended for general information only and should not be construed as advice or a recommendation to purchase any product or service under the Financial Services Act 1986. You are advised to take appropriate professional and legal advice before entering into any binding contracts. Your home is at risk if you do not keep up repayments on a loan secured against it. Disclaimer.


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