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Loan Application Rate

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Loan Application Rate

I want to apply for a loan but i do not want to get it with a very high rate. How can i find out the rate without getting the actual loan. Do i have to apply, see the rate if i do not like it refuse it? How does it work? thx

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Your Community Expert

Re: Loan Application Rate

Hi @Elinandros, the rate is based upon your individual circumstance and would be subject to a credit check. So you would need to apply to find out the specific rate then decline the loan should it not be suitable. However, we do have a loan calculator that could be used as an example. All results from the loan calculator are for illustrative purposes only and you can find this in the link below. 

 

 

https://www.tescobank.com/loan-calculator/