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Let's break it down. You'll always get a clear description of all your fees and repayments before you confirm your loan. As a quick reference, though, here's a general breakdown of fees: Small Loans.
If the principal amount you borrow is between 300 - 2,000 you'll pay: Establishment fee: 20 of the principal amount Monthly loan fee: 4 of the principal a month. Medium Loans. If the principal amount you borrow is between 2,001 - 5,000 you'll pay: Establishment fee: 400 Annual Percentage Rate (APR): 47. 6158 Comparison rate: 65.
6597 p. This comparison rate is based on our Medium Loan for an amount of 2,500 over 2 years and a 400 establishment fee.
2,001 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000. How often do you get paid. Weekly Fortnightly Monthly. Your repayments start at. How quickly can I get a fast cash loan. You can complete our online application form in just 2 to 3 minutes. We only ask for the information we need to ensure a fast response to your application. Once you submit your application, a friendly loans consultant will contact you within just a few business hours.
If you make a full application in the morning and its approved, Rapid Loans aims to have the cash in your account the next business day.