Payday loans in the UK are one of the quickest and easiest ways of borrowing money if you need help between pay cheques, but what do they cost to pay back?
Annual interest rates, or APR, are the most usual way of expressing charges on money repaid over 12 months or more. Because payday loans in the UK are paid back over no more than a month, APR can seem confusing.
At www.247Moneybox.com, leading providers of payday loans in the UK, we’re upfront about our charges. We publicise an APR for our loans, as we are legally obliged to do so, and we stick to that fixed percentage.
While this rate may seem on the high side, the great thing about our payday loans in the UK is that they take next to no time to arrive in your bank account. It’s all sorted out online in just a few minutes with a few quick, simple questions.
And, of course, once you compare the costs of charges incurred on unarranged overdrafts or direct debits made with insufficient funds, or cash withdrawals made on credit cards, you’ll realise that payday loans in the UK are a good value alternative.
To find out more about our payday loans in the UK contact 247Moneybox.com today.
Tags: Cash Loans, Instant Loans, Pay Day Loans, Payday Loans, Payday Loans UK
