Summary box for loans
Below is a summary of our fees and charges. The information contained in this table summarises the product features of the GE Money Personal Loan and is not intended to replace any terms and conditions.

APR 6.9% APR Typical
Range 6.9% - 18.9%
Term 12 months min - 84 months max.
Amount of credit £3,000 min - £25,000 max
Features Courier for as little as £30
Fixed monthly payments
Payment Protection Insurance is available
Monthly Repayments The first repayment will normally be 28 days after the account is opened.
Subsequent monthly repayments are due on the same day each month.
Interest charging information

Total interest due is calculated over the life of the loan at the above rate at the start of the term. This is done by adding together the individual interest charges that will apply each month. Each interest payment is calculated by applying the monthly interest rate to the expected outstanding balance each month (assuming that all payments are made on time and no charges are added to the account). Interest calculated in this way is added to the account each month.

If you have applied for Payment Protection Insurance, the cost of the premium is the amount of the Insurance Loan. Insurance premium tax is included in this amount
Early Settlement The loan can be settled at any time by making a single payment covering both the Loan and the Insurance Loan, if you have opted for Payment Protection Insurance. A fee is payable if you settle the loan early. The fee differs depending on amount borrowed and when the loan is settled in accordance with the Consumer Credit Act 1974.
Charges Late payment fee - £30 Unpaid Direct Debit or returned cheque - £30 Change of address not given within 7 days of moving - £25
Back to Top