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Annual Cash Rewards
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Looking after customers

The reward is £100 cash credited to the account from which your monthly repayments are drawn.

To qualify for the Annual cash reward -

  • Repayment must be by Direct Debit
  • The repayments must be fully up to date by 12 months after the loan was taken out and at every 12 month interval until the loan is repaid. If the account falls into arrears before the 12th month but has been brought up to date by the 12th month then the £100 will still be credited.
We retain the right to withdraw this offer at any time.

Effective APR.
The effect of this reward is to reduce the interest APR. For example

A loan of £10,000 repaid over 10 years at an 8.9% APR typical would have an effective APR of only 7.4% APR.

(120 months of £125.06 per month, total payable after cash rewards £14,242.20. This includes £235 for the Standard Charge Release fee).

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