Exposed: Are Private Loans Legal in UK? Discover Now!
Uncover the legal status of private loans in the UK. Get expert insights, understand regulations, and make informed decisions. Don’t miss this essential guide!
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Uncover the legal status of private loans in the UK. Get expert insights, understand regulations, and make informed decisions. Don’t miss this essential guide!
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)