We always try to provide our borrowers with the best possible interest rate. The individual interest rate and APR depend on the individual assessment of the borrower’s conditions. At PeerCredit, you can enjoy loans from as little as 5.5% APR.
Representative example: A loan of £5,000 over 2 years will cost you £223.71 per month at a representative 7% APR. Total costs of your loan after 2 years will be £5,488.94. The costs include £368.93 interest at 4.6% (fixed) and a £120 fee. The total loan amount is £5,120 as the fee will be added to your loan.