Why is my personalised rate different to the advertised rate?

Updated a month ago

Good question, we know this can come as a bit of surprise.

We calculate your personalised rate based on your individual circumstances. A lot of thought goes into this, but some of the main things are: your incomings, your outgoings, your existing level of debt, and your credit history.

So until you tell us a few details about yourself, we can't confirm your rate.

To give people a rough idea upfront, we tell you our representative rates (at least 51 out of 100 customers get those rates or better) and our lowest rates. You'll often find that this is the case among loan providers who don't already have all your details.

Now for the good news! Your personalised rate is fixed for 7 days. If you choose to apply, it's exactly the rate you'll get if we can approve your loan.

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