A representative example helps you understand the potential costs of a loan before you apply. It includes key details such as the loan amount, interest rate, loan term, representative APR, monthly repayment amount, and the total amount payable. This example is based on the terms that at least 51% of applicants receive, giving you a clearer idea of what you might expect to pay. Keep in mind, the actual rate offered to you can vary based on your credit score and personal circumstances.