Fixed rate charges for your quick cash loans
At the table below you can see the rough cost of your pay loans and get an idea what you will have to repay on your next payday. This will vary between lenders, but it shouldn't be by too much. Please see our representative example for more information.
Cost of credit is generally around 29% for a 28 day loan.
Cash Loans: Explaining the representative example
Going over your overdraft limit can cost you up to £5 a day with some banks, or even more if fees and charges get added on. Very quickly, unauthorised overdraft charges could end up costing as much as £150 a month!
The Representative APR for the cash loans payday offered through our site is 2670%, although the exact amount depends on the lender.
As an example, a payday cash loan of £160 taken for 28 days would usually require one payment of around £206.40 with an annual interest rate of 378% (fixed). Going overdrawn by £160 in a month can add up to £150 – costing you pver a hundred pounds more in some cases.
With a cash loan payday you see how much you can borrow and how much you pay back. There are no application fees or membership charges when you use CashTilPay either.
The Annual Percentage Rate or APR is the interest to be paid on the amount borrowed. This is expressed as an annual rate charge. Lenders must inform you of the APR before you sign an agreement.
The Annual Percentage Rate (APR) for cash to payday loans
can seem large because it reflects the amount that would be repaid if the loan would be taken out for a full year, rather than the usual length of time it is taken out for, which is usually less than one month.
For the best way to use cash to Payday Loans only borrow what you can afford to repay within the loan period to avoid accruing interest over a longer period of time.
One of Britain’s largest non-charging short term credit brokers
As one of largest short term finance brokers in the UK, we send applications to all the biggest lenders and they pay us a commission for referring you. This doesn't affect the amount your loan costs, and because we work with so many lenders, you may stand a higher chance of being approved.