What is APR?
APR (Annual Percentage Rate) is the annual interest rate charged on the money you borrow. It is calculated per year and split over 12 months. It forms part of your monthly repayments and is often referred to simply as ‘interest’.
Please note No1 CopperPot does not offer representative APR on its loan products. This page is for informational purposes only to explain how these rates work with most other lenders. All loans are individually assessed on affordability and subject to status and our lending criteria.