How much does a payday loan cost?
Our partners have done everything they can to make the cost of your payday loan to be as simple as possible, whilst also trying to make sure you get a cheap payday loan
Our partners charge a flat rate fee of 25%, which is repayable on your next payday. That's £20 for every £80 borrowed.
There are no hidden costs, no hidden extras and it's nice and simple
When applying for a payday loan, we will calculate your exact APR based on the number of days before your loan will be due for repayment. This will be shown to you before you accept the loan. Typical APR is 1737.2% APR.
For ease understanding, here is a table showing the total interest charges and repayment amounts due for different loan values:
