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 Payday Advance Repayment Charges

Our payday advance repayment rates are shown in the table below for each payday advance you can choose to apply for. The payday advance loan is repayable in full on your next pay day but, for a small extension fee, you can extend the repayment date until the following pay day.

 

 

 

Payday Advance Amount

Repayment Amount

Extension Fee

£80

£100

£20

£100

£125

£25

£200

£250

£50

£300

£375

£75

£400

£500

£100

£500

£625

£125

£600

£750

£150

£750

£937.50

£187.50


Our payday advance APRs are calculated not only on the length of repayment of the payday advance but also the number of repayments made - e.g. £100 + interest = £125, if paid in 1 payment in 1 month it will carry a much higher APR than the same amount paid in 2 payments over the same 1 month period - in both cases the total payable by the customer would be £125 - our APR for this service is 1355%

 

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