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Payday Loans uk charges
We charge £25 per £100 borrowed for each NEW loan
img There are no arrangement fees to set up the loan
 Our payday loan charges
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You Borrow You Borrow
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£80 £100
£100 £125
£200 £250
£300 £375
£400 £500
£500 £625
£600 £750
£750 £937.50
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*Payable in a single payment on your payday
1737%APR TYPICAL
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Understanding the APR

The APR stands for Annual Percentage Rate and is the interest payable on the amount borrowed and other charges expressed as an annual rate charge. All lenders have to tell you what their APR is before you sign an agreement.

APRs are a good way of comparing similar products but are not so effective when comparing different products. The following table demonstrates this:

 Our payday loan charges
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Type of loan Amount Month Total repayment APR Actual interest
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Installment £500 36 £745 16.9% 49%
Installment £500 60 £970 16.9% 94%
Payday £500 1 £625 1737% 25%
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As you can see the APR for the two installment loans are the same but the actual interest repaid as a percent of the loan is hugely different – and much higher than a payday loan.
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The way that payday loans function means that no credit check is required. This works out well because it means that the loans are able to be made quickly, usually in as little as a day. That’s often essential because when you need a payday loan, you often can’t afford to wait a long time [...]

When you need a pay day loan, if you don’t need it instantly then you will usually at least require it very soon. When you go to a payday lender they’ll usually say that they can get it to you on the same day, and the reason that’s going to be attractive is that they’re [...]

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