Quick Short Term Loans - Fees and Charges

Representative Example: A £150 loan borrowed for 20 days would be repaid by a single payment of £180. Which would be the total amount payable. Representative 2692.8% APR. Rate of Interest 365.25% per annum fixed.

Warning: Late repayment can cause you serious money problems. For help, go to www.moneyadviceservice.org.uk

Different fees and charges for quick short term loans will apply depending on how you choose to receive your cash or if your payment is late.  We have outlined the fees and charges below so you can do your best to avoid them.  Please note our working hours are 9am - 5pm, Monday - Friday.

Deposit Features:

£10 Funds paid the same day This fee will be deducted from your loan and will show transferred in your account by 5:00pm, business days only.  If your agreement is signed after 3:00pm your funds will be deposited next business day by 11am
£15 Funds paid within the hour This fee will be deducted from your loan and will show transferred in your account within 1 hour from signed loan agreement on business days ONLY. If your agreement is signed after 5:00pm your funds will be deposited next business day by 10am
FREE Funds paid 5pm next business day Funds will be paid on the next business day at 5pm upon the agreement being signed by us both.

 

Default Fees & Charges:

Interest fee £1 per day on each £100 borrowed Equivalent to 1% per day

Retain card fee

£7.50 added to account

If your card declines payment with 'retain card'                           

Letter issue fee

£7.50 added to account

Arrears letter charged at £7.50 each, maximum 3 letters

Missed payment fee £12 Flat fee
Default notice
£12 Default notice fee breach of agreement
Referred Collection cost £30 If you do not contact us the a/c is referred to a collections specialist