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Our Charges

Payday Lenders Direct do not charge any extra arrangement fees, or any other charges at any point in your payday loan. Instead, your payday loan will only carry a fixed flat rate fee determined by the lender who approves your loan.

For every £100 you borrow from a lender  they charge  an average £24 in other words you borrow £100 and pay the lender back £124.

Representative example on a loan of £200 repaid after 30 days:

Total charge for credit:  £248

Payable in one payment of:  £248

Interest: £48

Interest rate: 292% p.a.

 Representative 1223.6% APR (variable)

 

The rules and regulations that govern financial payday loans companies  state that we must show you the Annual Percentage Rate (APR).

 

 

Representative example on a loan of £200 repaid after 30 days:

  • Total charge for credit: £248
  • Payable in one payment of: £248
  • Interest: £48
  • Interest rate: 292% p.a.
  • Representative 1223.6% APR (variable)
WARNING: LATE REPAYMENT CAN CAUSE YOU SERIOUS MONEY PROBLEMS. FOR HELP, GO TO MONEYADVICESERVICE.ORG.UK

Customer Satisfaction

Our Customer Service centre will respond to your emails promptly
Monday-Friday from 9.30am-5.30pm
Email: sales@payday-lenders-direct.co.uk
*subject to lenders requirements and approval

Our company is a licensed credit broker and not a lender

Marc Obadia T/a - Payday Lenders Direct Registered Office : 8 Parson Street, London NW4 1QB
Financial Conduct Authority Interim Permission Number: 654479 Data Protection Registration: ZA060351 Payday Lenders Direct is Authorised and Regulated by the Financial Conduct Authority”
Copyrights © 2011 Payday Lenders Direct. All rights reserved.
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