Warning: Late repayments can cause you serious money problems. Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on a loan or any other debt secured on it. Click here for a representative example.
Amount of credit: £500. Interest rate: 0.8% per day for up to 40 days (292% per annum variable). Representative 68.7% APR (variable). Maximum APR - 68.7%. Repayment Period: Ongoing, line of credit.
The Money Platform
Short Term Loan
A loan of £500 over 6 weeks at a fixed annual rate of 255.5% would result in a representative rate of 839.20%, 1 repayment of £647.00 and a total amount repayable of £1,448.00. The total charge for credit will be £448.00
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