UK cash charges £25 per £100 from both new and existing customers. UK charges are fixed whether you borrow for 7 days or for 30 days.
Payday UK quote an annual percentage rate (APR) for Payday Loans. This is a legal requirement, but can quiet often cause confusion. The APR is based on taking finance out over one year. As a Payday Loan is for a period of no more than 30 days the APR looks rather on the large size.