Rates and Our Charges
APR's and Other Costs
No upfront costs ever, you won't pay one single penny to us before you get your loan.
What Are The Costs?
Once you have applied, a lender that has approved your loan will be displayed before you, and you will be able to review the loan offer. If for any reason the loan is not suitable, you can close your web page, and that will be the last you hear of them and us.
The upside to this is that you will no longer have to pay for the risk that other borrowers bring to a lender. A certain amount of the interest rate on a loan is there to pay for others who have not made repayments.
The more you pay back your loans on time, the lower your rate will go on future loans.
We Can Give You A Representative Cost
We check the rates on the 1st day of each month. This months rates are:
Loans Amount £1500
12 payments of £160.96
Amount of interest = £431.50
Total repaid after 12 months = £1931.50
RAPR = 48.5%