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How FOMO Can Impact Your Finances

13th December 2024

Have you ever spent more than you wanted to keep up with your friends? Or to project a certain image online?

Well, you might be affected by financial FOMO.

In this article, we are exploring how FOMO and finances interact, and how you can take control of your spending. Scroll down to learn more about this unspoken but vital topic.

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

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How much would you like to borrow:

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£750

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3 months

6 months

Your monthly repayments are:

Total amount to be repaid:

Annual percentage rate:

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Representative Example: £200 loan for 6 months at a fixed interest rate of 290% pa. Total amount payable is £355.99 in monthly instalments of £65.11, £78.35, £64.05, £58.76, £48.16 and £41.56. This is based on the amount of credit plus interest, no other fees apply. Representative 1266.2% APR

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How FOMO Can Impact Your Finances

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