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Unarranged Overdraft vs Payday Loans

18th July 2018

If you don’t want to borrow thousands of pounds, overdrafts and payday loans offer a service that is otherwise difficult to find. Overdrafts can often seem more desirable that payday loans...

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

Multi Month Loans

How much would you like to borrow:

£200

£750

How long would you like it for?

3 months

6 months

Your monthly repayments are:

Total amount to be repaid:

Annual percentage rate:

New Customer

Representative Example: £200 loan for 6 months at a fixed interest rate of 290% pa. Total amount payable is £359.97 in monthly instalments of £73.06, £74.38, £62.99, £59.55, £49.22 and £40.77. This is based on the amount of credit plus interest, no other fees apply. Representative 1264.8% APR

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Unarranged Overdraft vs Payday Loans

How much would you like to borrow:

Your monthly repayments are:

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