Our Payday loans carry a fixed flat rate fee

 

Our Payday loan charges are simple and easy to understand

Our Payday loans carry a fixed flat rate fee and nothing more; you can apply for any amount between £80 and £750.

Table

 

TYPICAL
1355% APR

 

APR stands for the Annual Percentage Rate, which is the YEARLY cost of a loan, including interest, expressed as a percentage.

APR is a figure devised for financial products that are repaid over a period of a year or more, such as mortgages, credit cards and automobile finance.

Because Payday loans are repaid on your next Payday, usually 30-70 days, and not, as these other financial products are, over a longer period, any comparison of APR with these products is misleading..

 

Below is a table to highlight this:

APR

 

Because of this inconsistency our Payday loans are better expressed using the actual interest figure of 25%

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