How it works-
Payday loans are simple! Just fill out our 1-page application and we'll search our database to find the right lender for you. Get approved in minutes and receive your cash advance via direct deposit within 24 hours or less. Then, you're free to spend the cash on what you need!
To get a loan, you must be a UK resident, at least 18 years of age, and have a valid bank account. Apply now
Repayment of Your Loan
Repaying your payday loan is just as simple as the process of getting the loan. There are no hidden costs with the payday loans from our lenders, so you won't be caught off guard by surprise charges. Repayment amount includes the amount borrowed plus the interest accrued. The loan finance charge, also known as the interest rate, is typically 25% of the total amount borrowed, which is the same as £25 per £100 borrowed. And although the typical APRs range from around 1355% to 2356%, the loans are for such a short period of time so you may in fact end up paying less actual interest than if you borrowed the same amount on a credit card and paid it over a period of several months.
Generally, the loan is paid in full on your next payday. For typical amounts borrowed and corresponding repayment amounts, see the table below.
You Borrow
|
You Repay
|
£80
|
£100
|
£100
|
£125
|
£200
|
£250
|
£300
|
£375
|
£400
|
£500
|
£500
|
£625
|
£600
|
£750
|
£700
|
£937.50
|
Representative 2623.3% APR. Representative example: Borrow £225 for 29 days. The total charge for credit is £67.50. Interest is fixed at a rate of 377.8% p.a. The Total Amount Repayable is 1 payment of £292.50.
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