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What is a Neo Bank?

21st October 2020

You’re probably aware of how much technology has advanced in recent years, especially within the financial sector, so it’s no surprise that new innovations are allowing banks and financial services organisations to branch out of in-branch banking.

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

How much would you like to borrow:

£150
£300
Your repayment date is:
Total amount to be repaid:
£ 363.97
Annual percentage rate:
2573 % APR

Representative Example: £150 loan for 20 days at a fixed interest rate of 290% pa. Total amount payable is £173.84 in one single repayment. This is based on the amount of credit plus interest, no other fees apply. Representative 1376% APR

Representative Example: £250 loan for 3 months at a fixed interest rate of 290% pa. Total amount payable is £351.31 in monthly instalments of £123.06, £124.38 and £103.87. This is based on the amount of credit plus interest, no other fees apply. Representative 1297% APR


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