Are there any fees for a Flexi Loan?
There aren’t any fees to set up a Flexi Loan and you don’t have to pay anything extra for your account to get the option to take out a loan. All you’ll pay is your monthly repayments, including interest.
Here’s an example to see how much you’d pay with a Flexi Loan. If you borrow £900 over 10 months at a fixed annual interest rate of 140%, your monthly repayments would be £131.53 – this includes interest. The total amount of interest you’ll pay over the 10 months is £415.30. That means the total amount repayable will be £1315.30.
140% APR Representative – loans are subject to status and affordability.