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Guide to payday loans

 

Representative 2948.10%APR
 
Cash Choice Are Members of the BCCA

Our Charges


Cash Choice offers you the ability to get a no fuss cash advance loan fast and when you need it.

Our charges are set out in the payment table below, no other interest, admin or other fees are payable unless you fail to honour repayment.

Cash Advance Loans are available from £200 to £400.


Amount Borrowed Interest & Charges Total Repayment
£200 £60.00 £260.00
£225 £67.50 £292.50
£250 £75.00 £325.00
£275 £82.50 £357.50
£300 £90.00 £390.00
£325 £97.50 £422.50
£350 £105.00 £455.00
£375 £112.50 £487.50
£400 £120.0 £520.00

 

Representative 2100.41%APR

Term for all loans is 30 days

Why does your APR seem so high?
The rules and regulations that govern financial payday loans companies like ours state that we must show you the Annual Percentage Rate (APR).

APR’s are calculated based on paying a fixed amount of interest annually, are more intended for mortgages and credit cards and do not suit cash loans.

If you borrowed £100 and paid back £30 every month for a year it would be very expensive.

However, payday loans are taken for a maximum term of 30 days, and so APR’s are not the best way to measure how competitive our rates are.

We would prefer to focus on the amount you pay back in total rather than on APR. We are confident that we offer the most competitive rates in the cash advance market for this service.