Our payday loan charges
We charge £29.50 per £100 borrowed for our loans! There are no administrative costs to set up the loan. The table below illustrates how much you would repay for payday loans you could typically apply for:
|
Loan Amount
|
Total Repayable
|
Fee Charged
|
|
£80
|
£103.60 |
£23.60 |
|
£100
|
£129.50 |
£29.50 |
|
£200
|
£259.00 |
£59.00 |
|
£300
|
£388.50 |
£88.50 |
|
£400
|
£518.00 |
£118.00 |
|
£500
|
£647.50 |
£147.50 |
|
£600
|
£777.00 |
£177.00 |
|
£700
|
£906.50 |
£206.50 |
| |
Our charge for credit is 29.5% - Representative APR 2814.2%
Representative Example
|
|
Interest Rate = 29.5% (383.5% pa) Fixed
|
Total Amount of Credit = £225.00
|
|
Interest = £66.38
|
Amount Payable = £291.38
|
|
Representative APR = 2814.2%
|
Duration of Deal = 28 Days
|
|
