The fastest way to judge a loan is not the application speed—it is the total amount you will repay and whether every scheduled payment fits your budget.
Use this cost guide alongside our main quick loans page before opening an application.
What to understand before making a borrowing decision.
APR is a standard annual comparison measure. It can appear very high on short-term credit because the borrowing period is much shorter than one year.
For your practical budget, also examine the cash borrowed, each repayment and the total amount repayable.
More months may make each payment smaller while keeping the balance outstanding longer. That can increase total interest.
Compare available terms using the same loan amount before deciding.
Early repayment can reduce interest that would otherwise accrue. Ask for a formal settlement figure because the displayed balance may not be final.
Keep confirmation that the account is settled and check that no scheduled payment remains due.
Representative example
Borrow £700 for 6 months. First repayment £168.45, 4 monthly repayments of £224.60, last repayment £112.20. Total repayment £1,179.05. Fixed annual interest rate 185.39%. Representative APR 611.74%. Our APR includes all applicable fees. Daily interest is capped at 0.798%.
Questions, answered
APR annualises the cost and can appear especially high for short-duration credit.
Compare the amount borrowed, each payment and the total repayable.
Review the pre-contract information and agreement for every applicable cost.
Ready to continue?
Review the costs and provide accurate information. There is no obligation to accept an offer.