Representative example: £400 loan repayable over 6 months. 6 monthly payments of £113.33.
Rate of interest 140% p.a. fixed. Representative 603% APR. Total amount payable is £679.98.
Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk
Before you begin
You will need:
- A valid email address and mobile number
- Address information for the past three years
- Your income and outgoings
- Your bank account and debit card information
Also you must
- Be aged between 18 and 74
- Be a UK resident
- Not be bankrupt
- Agree to a credit check