Representative example: £100 borrowed for 3 months. Total amount repayable is £166.25 in 3 monthly instalments of £55.42. Interest charged is £66.25, interest rate 265.0% p.a. (variable).
Apply online for free, 24 hours a day with no faxes or phone calls. When you apply Monevo will search their panel of trusted lenders to see who can offer you a loan.
If a lender on the panel can offer you credit just sign the electronic agreement to accept their offer and proceed with your loan.
Once you have signed your electronic loan agreement the lender will transfer the money direct to your bank account. (Within the hour if your bank supports faster payments.) Subject to lender's requirements and approval.