Methodology • Definitions • Inclusion rules • Corrections
Methodology
This page explains how we compare offers in a neutral, repeatable way. We do not publish "best provider" rankings. We focus on a framework, tools, and clear definitions.
Core comparison rules
- Align assumptions first: principal, tenure, rate definition, and mandatory bundles.
- Compare total cost (not headline rate): principal + interest + fees + (optional) penalties.
- Verify in writing: repayment schedule + full fee list + penalty terms.
- Record the offer summary: save inputs, outputs, and documents for traceability.
What we include in "Total Cost"
| Component | Included? | Notes |
|---|---|---|
| Principal | Yes | The financed amount. |
| Interest | Yes | Based on stated rate definition (APR/flat) and repayment structure. |
| Fees | Yes (when disclosed) | Admin, processing, monthly account fees, compulsory charges. |
| Penalties | Scenario-based | Early redemption, late fees, break costs—model as "optional worst-case". |
| Bundled products | Only if required | If a bundle is mandatory, include its cost in the comparison. |
Definition guardrail: If a fee/penalty isn't disclosed clearly, treat it as a transparency risk and do not assume it is zero.
Definitions (quick)
- APR vs flat rate: rate definitions can change how costs accumulate—always ask which one is used and what's included.
- Repayment schedule: the most reliable artifact for comparing offers (keep it).
- Offer summary: a standardized record of assumptions + outputs + documents.