Our borrowers typically pay between 8-13% interest depending on the risk and term of the loan. This interest rate is paid to platform lenders.
We charge an arrangement fee which is typically 1%-2% and that covers loan arrangement and our platform listing costs.
We also charge an ongoing fee for maintaining the loan and that includes covering our running costs and the cost of ongoing management and maintenance of the loans.
We don’t charge exit fees and there are no hidden charges.
Our guide to borrowing with MoneyThingComing soon