Representative Example: £1,000 borrowed for 18 months. Repayment of 17 Months at £87.22 and final repayment of £87.70 The total amount repayable is £1570.44.
Interest amounts to £570.44, an annual interest rate of 59.97% (fixed) Representative APR: 79.5% (variable)
Note: Please be sure you can afford to make the monthly repayments before applying for a loan. This sort of agreement would be unsuitable to support sustained borrowing over long periods and would be expensive as a means of long term borrowing.