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Why do payday lenders use Credit Kudos?

17th March 2021

From time to time, you might find yourself in need of fast cash to help you meet an emergency expense before payday. You might use your arranged overdraft or put the payment on a credit card, but another common type of credit people use for unexpected payments is a payday loan.

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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
£750
How long would you like it for?
3 months
6 months

Your monthly repayments are:

1
£
2
£
3
£
4
£
5
£
6
£
Total amount to be repaid:
£  
Annual percentage rate:
  % APR

Representative Example: £250 loan for 3 months at a fixed interest rate of 290% pa. Total amount payable is £321.51 in monthly instalments of £93.26, £124.38 and £103.87. This is based on the amount of credit plus interest, no other fees apply. Representative 1288% APR


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