Cash Loan Repayment Charges
How much we charge for our service . . .
Our loan charges are clearly shown in the following table for typical cash loan amounts you might take out with us. Loans are normally repayable in full on your next wage day but, for a small additional extension fee, you can extend the repayment date until your following wage day.
|
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
|
|