Our charges
We charge £25 for every £100 you borrow. (25% interest) Below gives you a clear indication of the repayments. The maximum time period to pay back a Payday Loan is 30 days
| You borrow | You payback |
|---|---|
| £80 | £80 |
| £100 | £125 |
| £200 | £250 |
| £300 | £375 |
| £400 | £500 |
| £500 | £625 |
| £600 | £750 |
| £700 | £875 |
| £800 | £1000 |
The Payday Loan APR is very high, this is because it is a short term loan. However, it is a good way of comparing similar products but are not effective when comparing different products.
This is why we perfer to tell you very clearly how much your repayment will be in total rather than on the APR.