Total Amount of Credit: £200.00. Duration of the Agreement: 90 days. Total Amount Repayable: £291.18 to be re-paid in 3 equal installments of £97.06 on your next 3 pay days. Interest is Fixed at a rate of 264% per year. Representative APR 993%
Borrow £450 for 3 Months, begining at 1/1/2015.
Your total repayment amount over 3 months will be £669.40 paid over 3 equal instalments of £223.13 on the 1st of each month.
The total charge for credit is £219.40.
Card Verification: £0 and maximum arrears fee per loan is capped at £15.
APR per £450 loan is 277.40% (compound APR of 1116.30%).
Per annum interest rate is 197.73% and the effective loan interest is 48.76%.