Loan High Interest Rates Avoid The Trap
How to Avoid the Trap of Loan High Interest Rates. When it comes to borrowing money, understanding the gravity of high interest rates is crucial.
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How to Avoid the Trap of Loan High Interest Rates. When it comes to borrowing money, understanding the gravity of high interest rates is crucial.
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Rates from 12.9% APR to 1721% APR. The minimum Loan Term is 1 month. The maximum Loan Term is 36 months.
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%
Representative APR: 79.5% (variable)