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Representative Example : £250 borrowed for 3 months. Total amount repayable is £411.63 in 3 monthly instalments of £137.21.
Interest charged is £161.63, annual interest rate of 292% (fixed). Representative 1192% APR (variable).
Short-term loans should only be used for short-term financial needs and are not appropriate for long-term borrowing, or if you are in financial difficulty.
Warning : Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk

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