If you need £100 payday loans, you have come to the right place. £100 payday loan are accepted by nearly all payday direct lenders. Repaying £100 with interest on top till your next payday can help you pay that unexpected bill. You can borrow between £50, £100, £200 to £5,000 with a loan term from 1 to 24 months.
Borrowing less is more advisable than borrowing more than you require. Also, £100 or any smaller loan amounts can have cheaper interest charge hence the small size of the loans. Here is a representative example.
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.
Payday loans acceptance is at the decretion of many direct lenders. Getting approved is another step but it is most likely and easier if loan amounts being applied for are smaller, less than £150.
Short-term loans for £50, £100, £150, £200 or even £250 can help you during a period of financial strain. No one wants to be in a period where you are low in funds. Emergency repairs, car repairs, unexpected bills can amount to a lot before your next payday.
If you have been accepted for a loan with not good credit, then this may the beginning and more underwriting may be followed after. You may have to show your ability to repay the loan back such as payslips, bank statements and so one. The high-interest rate on bad credit loans is normal as there is a risk lending to you if you have previous default credit entries of other credit previously.