Repayment charges for payday loans
The fee charged for the various payday loan amounts you could apply for, are shown in the table below. The bank account into which your wage is paid must either support direct debit, or have a debit card associated with it, because we use one of those methods to take repayment of your payday loan on your next pay day.
|
Loan Amount
|
Total Repayable
|
Fee Charged
|
|
£80
|
£100
|
£20
|
|
£100
|
£125
|
£25
|
|
£150
|
£187.50
|
£37.50
|
|
£200
|
£250
|
£50
|
|
£250
|
£312.50
|
£62.50
|
|
£300
|
£375
|
£75
|
|
£350
|
£437.50
|
£87.50
|
|
£400
|
£500
|
£100
|
|
£450
|
£562.50
|
£112.50
|
|
£500
|
£625
|
£125
|
|
£550
|
£687.50
|
£137.50
|
|
£600
|
£750
|
£150
|
|
£650
|
£812.50
|
£162.50
|
|
£700
|
£875
|
£175
|
|
£750
|
£937.50
|
£187.50
|
| |
|
Our charge for credit is 25% - Typical APR 1737.2%
|
Note: If your payday loan is approved and we receive your signed agreement before 2.30pm and you can get to one of our stores, you can have your money the same day. Alternatively you can have your money sent by BACS to your account free of charge which takes three working days, or finally you can choose to pay an express fee of £15 which is deducted from your loan amount and you will receive your money the same day.
|
