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How much are the repayments on a personal loan

You apply online and you select your amount and repayment term. You choose to pay it back in 16 affordable repayments of 85. 00 per week. Small Loan example Loan amount 1,000.

In the above example, you will pay: Adjusted Credit Amount: 1,000. 00 (what you receive) Establishment Fee: 200.

00 (set by NCCP at 20 of the loan amount) Monthly Permitted Fee: 40. 00 per month charged on the anniversary date of the loan Amount of Credit of the Loan: 1,240.

00 Nominal Percentage Rate (Interest) per annum: 0 as defined by NCCP Comparison Rate: 201. 9447 as defined by NCCP Total Amount of Interest Payable: NIL Total Number of Repayments: 16 Consisting of 16 payments of 85.

How much are the repayments on a personal loan

People get personal loans to help with home repairs, unexpected expenses, holiday shopping, and more. Such a loan from one of our lenders can help you get the cash you need. Just fill out our Online Form. Follow the short process and if you are approved, receive your cash loan. APR INFORMATION. Annual Percentage Rate (APR) is a measure of the cost of credit, expressed as a nominal yearly rate. It relates to the amount and timing of value received by the consumer to the amount and timing of payments made.

We cannot guarantee any APR since we are not a lender ourselves. An APR can generally run between 6 up to 35.

How much are the repayments on a personal loan