How much you may be able to borrow
Borrowing £1,500.00 over 20 months will cost £100.84/month. Total amount repayable is £2,016.80 which includes interest at 42.6% APR.
The figures given above are for illustrative purposes only. The actual interest rates and repayment amounts may vary subject to loan amount and status.
In order to apply for a back to school loan you must:
- Live or work within our Common Bond area
- Be at least 18 years old
You must not:
- Be bankrupt, in a DRO or IVA
- Have had any outstanding CCJs within the last 24 months
- Have missed any repayments on credit within the last 6 months
- Have had any defaults within the last 12 months
- Have arrears on a credit union loan
We understand that the start of the school term can be an expensive time for many families, with new uniforms to purchase, new sports and stationery equipment, textbooks and extra-curricular activities to pay for. That’s why a back to school loan from CLEVR Money is such a popular option.
A back to school loan from CLEVR Money can cover the cost of the things you need to buy in a way which is convenient and affordable. We undertake detailed affordability checks with each application and we’ll never lend you more than we think you can afford to repay.
Once you’ve provided all the information we’ve asked for, we’ll process your application as quickly as we can. If we approve a loan, the funds will be transferred to your bank account, allowing you to be able to go out and buy the items you need to get your family ready for the new term.
If you want to have a chat about our loans before applying, give our lending team a call on 01253 478390.