what are the charges
Charges for borrowing payday loans are £25 for every £100 you borrow, to see how much you would pay back simply use the calculator slider below to see the full amount you would pay back.
Compare payday loan charges in the chart below
As you can clearly see above the APR for payday loans is not a true reflection of the interest paid back and that payday loans actually have a lower interest rate payback then overdrafts, normal loans & some cards.