| A comparison rate helps you to identify the true cost of your personal loan. The comparison rate includes the base interest rate, as well as any loan fees and charges, to give you a single percentage rate that you can use to assess loans from different providers. Ensure you use the comparison rate as your benchmark when shopping around for personal loans, and avoid choosing a specific provider based purely on the base interest rate as you may not know what additional costs and fees you will be subject to. |
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