The rate you see is the rate you'll get

Compare loans with us today and you'll only see real interest rates, personalised to you that are guaranteed not to change once you apply.

No impact on your credit score

Customers have compared over
£700 million in loans this year

What does real rates
actually mean?

When you get your loan comparison results, you’ll be shown “real rates”, these are the actual interest rates you’re guaranteed to get from a lender, if accepted.

Other loan providers normally show you a rate that represents the majority of their customers - this is not personalised to you specifically - they call these rates “Representative APRs”.

How does
realrates.com
work?

We've made it as simple as possible for you to compare loans

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Tell us how much you’d like to borrow
Compare personal loans from £500 to £35,000, or for a car compare loans up to £50,000
Tell us about yourself
Provide us with some personal details and we’ll get the most accurate and best loan rates for your specific needs.
Get your real rate results
You’ll receive your loan offers and these will be actual rates you’re guaranteed to get from the lenders you see, if accepted.
Choose your loan
Each result will come with a rate guarantee specific to you, that means you’ll know exactly which lenders are likely to accept you.

Just a few lenders we compare for you

We compare over 22 lenders

Jargon buster

We’ve used some jargon that can be a little difficult to understand sometimes, so we’ve made it easier for you.

A real rate is the actual interest rate that a lender can offer you and is used to calculate the monthly repayments. It is important to know that the interest rate on a loan is not only based on your credit score but also the loan amount you are looking for. For example, here are the lowest loan rates available from one of our lenders.

Loan amount Rep APR
£1,000 loan 13.2%
£2,000 loan 13.2%
£3,000 loan 8.2%
£5,000 loan 3.6%
£7,500 loan 3.1%
£10,000 loan 3.1%
£15,000 loan 3.1%
£20,000 loan 3.9%
£25,000 loan 3.9%

This is an illustration of how the loan amount affects the rates available using the lenders Representative APRs. Such rates may look great, but our data shows that only 1 in 10 people are eligible for the lowest loan rates on the market - and that’s why we believe comparing real interest rates is far superior as Representative APRs do not represent you as an individual.

All personal loan rates quoted come are guaranteed. This means that the rate you see is the rate you’ll get if you are accepted. These rates can be guaranteed for 48 hours or up to 30 days (depending on the lender).

The Financial Conduct Authority (FCA) has very specific rules on calculating Representative APRs. Credit providers and brokers can only advertise an APR as “Representative” if 51% of their customers get that rate or lower. This is not specific to your personal circumstances.

Here’s the awkward part - The FCA legally requires us to show a Representative APR and example on our site - we know, this contradicts everything we’ve been saying. So here’s ours.

Representative Example: Borrowing £3,500 over 36 months with a Representative 21.5% APR fixed, the amount payable would be £132.76 per month with a total amount payable of £4,779.47.

All personal loans come with an ‘Acceptance Certainty Score’ - each lender will send us a score which is the degree of certainty that you will be accepted if you choose to apply. For example; you could be 100% pre-approved from one lender but see 95% certainty for another lender.

The score is based on a soft search so if it’s not 100% pre-approved then this means the lender may need to run some final checks if you choose to apply.

When you get a quote with us, our panel of lenders run a soft search on you to check your creditworthiness. This is a search on your credit file that does not affect your credit score.

A hard search is only conducted if you choose to apply with one of our lenders which will have an impact on your credit profile. Unlike other websites, we can show you your real interest rate with a soft search only to allow you to compare.

See what the experts say about us

Still not sure you want to use realrates.com, see what the industry experts have to say about us.

Customers have compared over
£700 million in loans this year

Take a look at our customer reviews, don’t just take our word for it.

What's so bad about a Representative APR?

See what Martin Lewis from Moneysavingexpert has to say about Representative APRs.

I think it is a mammoth rip off. It is a completely hidden charge. It is a way of allowing lenders to advertise what looks to be hideously competitive rates and to come top of the ‘Best Buy’ tables … It is absolutely a hidden scandal

Don't get ripped off -
compare real rates with us today