Civil Servant Loans – Funding your life
CSL is here to provide Civil Servants with a loan with a low rate, a simple monthly repayment plan and money in your account within 48 hours.
CSL has partnered with RateSetter, an innovative peer-to-peer marketplace which matches borrowers looking for a low cost loan with savers looking to grow their savings.
CSL is here to enable you to fund your life affordably – a new car, a deposit on a house, a holiday? CSL with RateSetter only lend responsibly to Civil Servants with a good credit rating. We recognise that it can sometimes be difficult to juggle your professional life with your personal finances, so welcome to our RateSetter CSL loan.
Loans are designed to be simple, low cost and flexible. All the fees are included in the rate, personalised to your circumstances. There are no fees unless you take out the loan, and the entire process takes just two working days from when you apply to money in your bank account.
Applicants must be over 21 be a UK resident and be credit worthy with a UK bank account.
Loans can be taken from 12 months to 5 years and we offer between £1,000.00 and £25,000.00, representative APR of 11.5%*.
A loan of £10,000 over 5 years will cost you £216.93 per month at a representative 11.5% APR.
The total cost after 5 years is £13,015.54, which includes £2,565.54 interest and fees of £450.00. The total amount of credit is £10,450.00.
The rate and fee you are offered will depend on your individual circumstances and the maximum APR you could be offered is 24.9%.
No early repayment penalties.
Repay some or all of your loan at any time at no additional cost.