Below we have outlined the most common questions asked about loans.
Please click on a question to get the relevant answer.

How can OnlyFinance help you?
What are the different types of loan?
What lending criteria is considered?
What happens if I have been refused credit?
Top Tip for using OnlyFinance
How much can I borrow?
What is the difference between secured and unsecured loans?
How do I pay it back?
Where do I get a loan?
What is an annual percentage rate (APR)?
If I apply for a loan, are any checks made on my financial history?
If I have a bad financial history can I still get a loan?
Can I repay my loan early?
What happens if I’m late or can’t make a repayment

What is an annual percentage rate (APR)?

An APR is the percentage rate your loan will cost you each year, including the interest and fees. It is the standard calculation used by all lenders allowing you to compare the various rates on offer. This is essentially a charge you will pay on top of your loan. It can either be fixed to a specific amount or vary from year to year.

All lenders will tell you the APR before you sign any deal and, generally, the lower the rate the better it is for you.

To search now click here.