- We charge an interest of 292% per annum, which is 0.8% per day.
- For example, for every £100, you will have to repay £24 if repaid on the 30th day.
- In event of a non-payment, we do charge a one off late payment fee of £15
- In arrears, we charge a re-occurring daily interest of 0.8% per day.
- We do not have an early settlement fee. It is cheaper to settle early as appose to on the original repayment term.
1294.1% APR Representative Example: Borrow: £300 for 90 days Interest: £144.06 Total to repay: £444.06 Repay in 3 instalments of £148.02 each. Annual interest 274% (variable). Representative 1294.1% APR.