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THE NEW INTEREST RATE IN SIMPLE TERMS

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Being one of the first (if not the first) short-term lender in the market to introduce a new, lower interest rate in line with Financial Conduct Authority guidance, needless to say it's proving very popular as customers will naturally look for the best deals around.

We get that representative APRs, interest rates, fees etc. can be confusing. That's why we lay it all out clearly on the home page of our website so you can see exactly what it would cost you to borrow from us. 

But in the very simplest terms, our interest rate is now 0.8% per day, meaning that for every £100 you borrow, your interest (and fees) will cost you just 80p a day.

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interest rates payday loans SHORT TERM LOAN Financial Conduct Authority Mr Lender APRs 80p per day per £100

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