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REPRESENTATIVE EXAMPLE

Borrowing £2,000 over 24 months at Representative 59.9% APR and Interest rate 59.9% p.a. (fixed) with monthly repayments of £131.05 and a total amount payable of £3,145.20

Renewal Policy

Sometimes, borrowers are not able to eradicate their financial issues in time and they need to renew or extend the loan deal. Best Credit Lender has the arrangements of renewing the short term loans for its borrowers or to extend the duration of the existing one. The important thing is that the interest rates will remain the same on the loan, and in case of missing or no repayments, the extra charges will be applicable other than the actual loan amount.