We only offer one loan per customer. So if you want to borrow more we’ll close your existing loan and the new loan will pay off any existing balance and cover the additional amount you want to borrow. We will charge you up to 28 days’ interest to pay off your old loan. This is to cover the number of days from when you apply to receiving your new loan. This will be added to your new loan amount and you will pay interest on this, which may lead to additional cost for you.
The minimum additional amount is £1,000 above your existing loan balance. With your new loan you’ll continue to make one monthly payment but the cost of your monthly payment may change depending on the loan term and amount you choose to borrow.
How to apply
Call us on 0345 600 6016* and we can give you a personalised quote. Lines are open Monday to Friday 8am to 8pm, Saturday and Sunday 9am to 5pm.
*This number may be included as part of any inclusive call minutes provided by your phone operator.