Loans basics

If you want the low-down on loans - how they work and how to choose one - our FAQ guide has everything covered. Just click a question below for a simple, helpful answer.

How do loans work?

What types of loan are there?

Who provides loans?

How much can I borrow?

How long can I borrow for?

How do repayments work on loans?

How is interest calculated on loans?

Can I repay a loan early?

What is 'APR'?

How do I apply for a loan?

How do I choose the right loan?

Will I be accepted for a loan?

Can missed repayments affect my credit profile?