We are all bombarded with adverts and links showing ' too good to be true' online loan offers so how do you really make the most out of a loan calculator and make sure you are comparing accurate information which is relevant to you?
An online loan calculator is great for a very early stage enquiry where you want to:

1.  Find out how much a loan would cost you.
2.  Calculate how much you can borrow to fit in with your budget.
3.  Work out if you can actually save any money by consolidating loans or existing credit card debts

But don't make any firm plans from an online loan calculation. They are there to provide an idea of what's on offer. They do this very well but what they don't do is help you work out what is best for your own personal circumstances - in that respect they are very generic.

Once you've got a rough idea of what you'd like to achieve and the outline costs pick up the phone or enquire online. That way one of our experienced advisors can show you what the options are and explore alternative solutions which the loan calculator may not have picked up on.