The loans can be used for almost any purpose, such as:
However, they cannot be used for gambling or illegal activities.
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Safe & secure UK website established in 2015
Representative APR: 49.7% (variable)
Rates from 43.1% APR to 1333% APR. Minimum Loan Length is 1 month. Maximum Loan Length is 36 months.
Representative Example: £1,200 borrowed for up to 75 days. Total amount repayable is: £1506. Interest charged is 0.34% per day, amounting to £306, annual interest rate of 124% (variable).
IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY
Warning: Late repayment can cause you serious money problems. For help, go to www.moneyadviceservice.org.uk