Amount of credit: £3,800 for 48 months at £155.05 per month. Total repayment of £7,442.61. Interest: £3,642.61. Interest rate: 38% pa (fixed). 45.3% APR Representative.
On Stride Financial is a direct lender that offers unsecured personal loans ranging from £1,000 to £10,000 at rates as low as 29% to residents of the United Kingdom. Approved customers will choose to repay their loan over 1-5 years.
In order to apply for an On Stride Financial loan, you must be at least 18 years old, have a valid UK bank account, have a valid debit card, be employed and receiving a regular paycheque, and be a resident of the UK.
All lenders in the United Kingdom are required to clearly display Representative APR on any marketing materials, including the website. The Representative APR is what 51% of consumers who enter into a credit agreement with the lender will receive. The rate that you qualify for will depend on several factors, including your credit rating and the information submitted in your application.
Yes, you can repay your On Stride Financial loan any time with no prepayment penalties.
To help process your On Stride Financial application faster, we recommend you have the following information on hand: