Tailored loans

Tailored loans can be used for almost any purpose and are designed to fit your lifestyle - putting you in control.

-Borrow what you need - the minimum loan amount is £10,000
-Flexible loan terms - you can spread your repayments over one to seven years
-Make extra repayments - you can make extra payments whenever you like, with no early repayment penalties
-Choose when to pay - you can pay weekly or monthly, whatever suits you best
-Take a payment holiday - you can defer payments at the start of the loan for up to 12 months
-Interest only loans - you can pay the interest only and repay the capital later (handy if you expect to receive a bonus in the future)
-Variable or fixed rates - you choose. Tailored loans are usually variable rate so the payments go up and down as interest rates change. You can have a fixed rate loan but this comes with an early repayment charge.