Card consolidating consolidation credit credit debt loan

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Representative example: Assumed borrowing of £7,500 over 36 months at a fixed rate of 3.0% per annum would result in a representative rate of 3.0% APR, monthly repayments of £218.11 and a total amount repayable of £7,851.96.

card consolidating consolidation credit credit debt loan-16

There are obviously risks in taking out any kind of credit product, but if you are already in debt, then taking out an additional loan can potentially have a much larger impact on your finances.

Representative example: Assumed borrowing of £7,500 over 36 months at a fixed rate of 3.6% per annum would result in a representative rate of 3.6% APR, monthly repayments of £219.91 and a total amount repayable of £7,916.76.

Representative example: Assumed borrowing of £7,500 over 36 months at a fixed rate of 4.0% per annum would result in a representative rate of 4.0% APR, monthly repayments of £221.19 and a total amount repayable of £7,962.84.

Representative example: Assumed borrowing of £7,500 over 36 months at a fixed rate of 2.9% per annum would result in a representative rate of 2.9% APR, monthly repayments of £217.65 and a total amount repayable of £7,835.40.

Representative example: Assumed borrowing of £7,500 over 36 months at a fixed rate of 3.0% per annum would result in a representative rate of 3.0% APR, monthly repayments of £217.97 and a total amount repayable of £7,846.92.

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