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Boom Community Bank offers personal loans from £300 to £10,000, with repayment terms from 12 months to 60 months (5 years), depending on the loan amount and your individual circumstances. We do not offer loans that require repayment in full within 60 days. Maximum APR: 42.6% APR Representative Example (22.93% APR): Borrow £1,000 over 12 months, with 12 monthly repayments of £93.07. Total amount repayable: £1,116.78. The rates shown are for illustrative purposes only. The rate you are offered may differ from the Representative APR and will depend on your individual circumstances, affordability assessment and the amount you borrow. Boom Community Bank operates a mandatory concurrent savings policy for borrowers. Members are required to save between 10% and 20% alongside their loan repayments. These savings remain the member's money and are returned in accordance with the terms of the loan agreement. Applicants should take this additional saving into account when assessing affordability. Loans are subject to status, affordability checks, lending criteria and terms and conditions.