Warning: Late repayments can cause you serious money problems. For help, go to moneyhelper.org.uk. We are a broker not a lender.

At Consolidation Experts we know Annual Percentage Rates or APRs can appear high. It's worth noting this represents the annual percentage rate across a whole 12 months. An installment loan however is generally taken across a single month. Our example is a good way of understanding what is involved: