What’s the real cost behind a payday loan?
Calculate yours below.
You will pay an equivalent interest rate of % per annum.
That amounts to an extra $.00 on top of what you initially borrowed.
How did we work it out?
|Your loan was for:||(s)|
|We used an establishment fee (the maximum the law allows) of:||$.00 (20% of the amount you borrowed)|
|We used a monthly fee of (the maximum the law allows):||$.00 (4% per month)|
|Your repayments will be:||$ per|