How is my interest rate determined?

The interest rate we offer is tailored to you. To understand your potential, we assess variables provided in your application and from external factors. These variables are what makes our credit model unique, ensuring we can offer you the most competitive rates possible, without you needing to provide collateral or a co-signer.

Your interest rate is made up of two parts: a fixed margin and base rate. We use 3 month LIBOR for the base rate which is the benchmark used by lenders around the world and varies with market fluctuations.

We recommend using APR to compare the total cost of a loan across different lenders because it incorporates both interest and fees. Watch this video to learn more.

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