Definitions
Annual Percentage Rate (APR)
This is used to show what the overall cost of the money borrowed is for a year. It takes into account the annual interest rate and how frequently this is charged (daily, weekly, monthly or annually), any fees when setting up a loan, and any other relevant costs.
The APR makes it easy to compare different loan products across the market.
Representative APR
The rate we expect at least 51% of successful applicants to get.
Representative example
This uses the representative APR to show what a typical loan would cost. It includes information such as whether the rate is fixed or variable, how much the monthly repayments would be, and the total amount payable.
AA Loans
AA Loans is provided by National Westminster Bank plc trading as NatWest Boxed. AA Financial Services Limited introduces you to National Westminster Bank plc, trading as NatWest Boxed as their personal loans provider. AA Financial Services Limited and NatWest Boxed Limited are credit brokers and not lenders. AA Financial Services Limited receives a commission from National Westminster Bank plc for that introduction, and is not acting impartially in making the introduction. The amount of commission shall be 2.49% of the amount you borrow. Your rate of interest may vary depending on whether you are an AA member, the amount of your loan and the cost of lending. By submitting an application for finance you consent to the commission being paid and acknowledge AA Financial Services Limited is not acting impartially.
National Westminster Bank plc is registered in England And Wales number 929027. Registered Office 250 Bishopsgate, London, England, EC2M 4AA Financial Services Firm Reference Number 121878. National Westminster Bank plc is authorised by the Prudential Regulation Authority, and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
NatWest Boxed Limited is an appointed representative of National Westminster Bank pls, which is authorised by the Financial Conduct Authority to carry out the regulated activity of credit broking. Registered in England and Wales number 14257250. Registered Office: 250 Bishopsgate, London, EC2M 4AA. Financial Services Firm Reference Number: 1016287.
AA Financial Services Limited is authorised and regulated by the Financial Conduct Authority (Ref no. 727859). Registered Office: Level 3, Plant, Basing View, Basingstoke, Hampshire, England, RG21 4HG. Registered in England and Wales number 912211.
The AA is a trademark of the AA Group and AA branded companies, and is used with permission under brand licence to National Westminster Bank plc.
Finance subject to status. Terms and Conditions apply. Over 18s only. Please ensure you can afford the repayments for the duration of a loan before entering into a credit agreement.
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