Our Charges
We charge £25 per £100 borrowed for NEW loans!
There are no administrative costs to set up the loan.
TYPICAL
1737%APR
I don't understand your APR?
"The typical APR” is an APR at or below which the advertiser reasonably expects, at the date on which the advertisement is published, that credit would be provided under at least 66% of the agreements which will be entered into as a result of the advertisement.
APRs are a good way of comparing similar products but are not effective when comparing different products. The following table demonstrates this:
As you can see the APR for the two installment loans are the same but the actual interest repaid as a percent of the loan is hugely different – and much lower with a payday loan.
This is why we focus on telling you very clearly how much you repay in total rather than on the APR.
