Payday lenders.net Charges for Borrowing
Payday loans serve as a short term financial solution and are not intended for lengthy loan periods. Our panel of top UK payday loan lenders’ loan charges will vary. You will be informed of the exact charges applicable before agreeing to the payday loan terms in your agreement. However, you can typically expect to repay £20 for every £80 borrowed or £25 for every £100 borrowed.
Payday loans are available for any amount between £80 and £1000.
Typical 1355% APR* over a period of 30 days.
No administration charges.
As the typical APR may seem high, please always remember that payday loans have an extremely short repayment term of between 30 and 60 days compared to that of conventional loans and therefore a yearly APR % will most likely appear deceptive. Here are a few examples of what you can expect to repay. These amounts will however vary from lender to lender.
| Loan | Charges | Repayment |
| £80.00 | £20.00 | £100.00 |
| £150.00 | £37.50 | £187.50 |
| £300.00 | £75.00 | £375.00 |
| £450.00 | £112.50 | £562.50 |
| £750.00 | £187.50 | £937.50 |
