You will be charged a monthly subscription fee to keep the line active plus interest, accrued daily on any amount withdrawn. The repayment period is 6 months. Annual interest rates start from 8% fixed (24.2% APR representative).
A representative example:
24.2% APR based on an assumed unsecured loan amount of £20,000, with a monthly subscription fee of £100 with 6 monthly repayments of £3,431.23 with an annual interest rate of 10% (fixed).
Total amount payable within 6 months £21,287.37 (including subscription fee)