Summary Box

Summary Box Key Information for our Personal Loan from £7,500 to £14,950
APR	Typical 8.9 % APR If successful, the interest rate you will pay is based on your personal circumstances and the amount you choose to borrow.
Interest rate ranges	Loan size range £7,500 - £14,950	From % 8.9	To % 18.9	Representative APR % 8.9
Interest charging information	Once agreed, the interest rate/APR is fixed for the life of the loan. Interest is charged on a day-to-day basis on the outstanding balance of your loan. Your monthly instalments are made up partly of loan repayments (or capital) and partly of interest.
Repayment information	Monthly repayments - debited from your bank account by Direct Debit. First repayment is due one month after loan issue
Repayment Period	Between 1 – 5 years
Amount of Loan available	From £7,500 to £14,950 in increments of £50
Application/Arrangement fee	Not applicable
Other Fees	Not applicable
Default Fees	Late Payment Fee £15 Monthly Arrears Fee £20 Default Notice £40
Early Settlement	We will determine your settlement date and any rebate of interest to which you are entitled in accordance with the Consumer Credit (Early Settlement) Regulations 2004. If the agreement is for a term of one year or more, we may charge you one month’s interest to cover the cost of setting up your loan.
Illustrative Example	Loan amount £7,500 £10,000 £14,950	Representative APR 8.9% 8.9% 8.9%	Term 36 months 60 months 60 months	Monthly repayment £236.95 £205.44 £307.13	Total payable £ 8,530.20 £12,326.40 £18,427.80

We are changing our name to Santander
Abbey is part of the Santander Group. As of 11 January 2010, Abbey National plc will change its name to Santander UK plc. Prior to that date, the Santander brand will be used for Personal Loans and will appear on the application form and some of the documentation you will receive.
Please be aware that the Santander brand will not be used for Personal Loan Payment Protection Insurance until 11 January 2010.

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