Co-op loan
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Co-op loan rates have a typical APR of 7.2% and loan rates range from 7.2% APR to 23.9% APR. Below you will see a monthly repayment table showing amounts at the different periods.
| What are my monthly installments? (£) | ||||||
| APR | 15.9% | 7.2% | 7.2% | 7.2% | 7.2% | 7.2% |
| Period | £2000 | £5000 | £10000 | £15000 | £20000 | £25000 |
| 12 months | 180.37 | 432.57 | 865.14 | 1297.71 | 1730.28 | 2162.86 |
| 24 months | 96.83 | 223.80 | 447.60 | 670.40 | 895.20 | 1119.01 |
| 36 months | 69.18 | 154.32 | 308.65 | 462.97 | 617.29 | 771.62 |
| 48 months | 55.51 | 119.67 | 239.34 | 359.00 | 478.67 | 598.34 |
| 60 months | 47.42 | 98.94 | 197.88 | 296.83 | 395.77 | 494.71 |
| 72 months | 40.12 | 85.18 | 170.36 | 255.54 | 340.72 | 425.90 |
| 84 months | 38.42 | 75.40 | 150.79 | 226.19 | 301.59 | 376.98 |
*These figures were accurate at time of writing and were based according to the Co-op website. Actual figures will vary according to the rate given, and will be made clear at time of loan application.
Co-op Unsecured Loan features: |
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| Key features: | Takes approx 10 minutes to complete application. Online decision within 2-7 working days. On being accepted, loan is transferred directly to your bank account. Optional extra - same day transfer (£25). |
| Typical APR: | 7.2% |
| Loan amounts available: | £2,000 - £2,950 (15.9%) £3,000 - £25,000 (7.2%) All Fixed rate |
| Requirements: |
Aged 23 to 69. UK resident. Either a homeowner or have a debit, cheque guarantee, store or credit card. Annual income of £10,000+ |
| Setup fee? | No |
| Repayment protection? | Repayment Protection Plan available |
| Option for flexible repayments? | Deferred repayment option not available. 3 month repayment holidays available if you have a Co-op current account! |