Principal
The principal is the amount provided under an approved loan offer, before applicable charges or interest are added.
Service Charge
Any approved fixed or percentage-based service charge will be itemised before acceptance. No value is published until it is available from approved product configuration.
Interest
Where interest applies, the offer will explain the applicable method and amount using approved product values.
Total Amount Payable
The total amount payable combines the approved principal with every applicable charge and interest amount shown in the offer.
Late or Missed Payments
A missed or delayed payment may result in charges or other consequences according to the applicable agreement. Customers experiencing repayment difficulty should contact Trustora as early as possible.
Representative Example
A representative example will be published once the applicable product values have been reviewed and approved.