Ratedrop is a trading name of Credit Labs Limited. Registered Office: 1st Floor Yorkshire House, 18 Chapel Street, Liverpool, L3 9AG. They replaced 1Plus1 Loans.
Our product ratings for Rate Drop
Our product ratings are designed to help you choose a quality product. We rate policies on the key features that are most important for the majority of customers.
Personal loans
1 product reviewed
Rate Drop
Personal Loan
| Feature | Value |
|---|---|
| Representative APR (on £2,000 loan, 36 month term) |
39.9%
|
| Representative APR (on £5,000 loan, 36 month term) |
39.9%
|
| Representative APR (on £15000 loan, 36 month term) |
Loan amount not offered
|
| Unpaid Repayment Fee |
£12.00
|
| Early settlement fee (Days interest) |
Unspecified (if over £8,000, 1% of repayment if more than a year remaining, 0.5% if less than a year remaining, maximum is total accrued interest if not repaying early)
Unspecified (if over £8,000, 1% of repayment if more than a year remaining, 0.5% if less than a year remaining, maximum
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|
| Minimum borrowing amount |
£1,000.00
|
| Maximum borrowing amount |
£5,000.00
|
| Minimum borrowing length |
12 months
|
| Maximum borrowing length |
60 months
|