Representative Example: The representative rate is 12.2% APR (fixed) so if you borrow £7500 over 5 years at a rate of 9.78% p.a.
(fixed) plus an arrangement fee of 5.7%, you will repay £167.59 per month & £10,055.54 in total.
The following four steps will walk you through calculating how much debt you have, choosing the debt consolidation loan, setting a timeline to be debt free and teaching you how to control your spending.
Representative Example: The representative rate is 4.9% APR (fixed) so if you borrow £10,000 over 2 years at a rate of 3.6% p.a (fixed) plus an arrangement fee of £130.00 you will repay £437.96 per month & £10,511.04 in total.
Over 18s and existing Royal Bank current account customers only.
A debt consolidation loan could be used to pay off your existing credit cards, store cards and other personal loans.