Before you get a quote with our 5% Interest Rate Offer please ensure that you read and understand the terms, conditions and acceptance criteria before pressing the buy now button below. All policies are subject to availability.
Representative Example
| Interest Rate: 5% fixed for the term of the loan. | Total Amount of Credit: £1,000. |
| Duration: 12 months (for annual insurance policies). | Deposit: £125. |
| 9 monthly instalments: £102.77. | Total Interest Payable: £50. |
| Total Amount Payable: £1,050. | Representative APR: 13.5%. |
This offer is available exclusively for financing annual insurance policies. There are no additional fees or charges associated with taking the finance.
How to Apply – Click below to get started with your online application or contact us for more details.
How It Works
Our low 5% interest loan helps you spread the cost of your annual insurance policy over 12 months, making it more affordable without extra hidden fees.
- Choose Your Insurance: Select your annual insurance policy from our range of options.
- Apply for Financing: Once you’ve chosen your policy, you can apply for financing with our low 5% interest rate.
- Repay Monthly: The loan amount is split into monthly payments at a fixed interest rate.
Key Terms and Conditions
– The loan is available only for customers purchasing annual insurance policies.
– The loan is subject to approval, and terms may vary based on your financial status.
– The monthly repayment will be fixed over the 12-month period, with no additional fees or charges.
– Early repayment of the loan is allowed without penalty.
What Happens If You Miss a Payment?
Failure to make payments on time may result in:
– Cancellation of your insurance policy: If repayments are not made as agreed, your insurance cover may be cancelled.
– Additional charges: Missed payments may incur extra charges, and outstanding balances may affect your credit score.
Please contact our customer service team if you’re having trouble making payments. We are here to help and can offer support or alternative arrangements.
Frequently Asked Questions
- Who is eligible for this loan?
– This offer is available to any customer who takes out an annual insurance policy with us.
- Can I repay the loan early?
– Yes, you can repay the loan early without any penalties. Contact us if you’d like to discuss early repayment options.
- What if I want to cancel my insurance policy?
– If you cancel your policy within the cooling-off period, any remaining loan balance must be paid in full. Contact us for more information on policy cancellations.
- Will this affect my credit score?
– As with all loans, missing payments or failing to meet your monthly repayment schedule could negatively impact your credit score.
Important:
Please ensure you read the full terms and conditions of the loan before applying. This is a regulated credit agreement, and you should make sure you understand your obligations.