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So for instance at 40 APR, on each pound borrowed you would pay 40p a year. At 400 APR, on each pound borrowed you would pay 400p or ВЈ4 a year.
At 4000 APR, you would pay 4000p a year, that's ВЈ40 on each pound borrowed. Percentages are out of a 100 aren't they. How can an APR be over hard cash loan for downpayment, like 4670. An APR of over 100 just means that if you were to borrow for a year you would be charged more than 100 of the original loan. So for each pound borrowed, you'd pay more than 100p. For APRs over 100 a quick and easy way to read them is to imagine a point in front of the last two figures.
Every inquiry received is handled with care and speed. Your Loan, Your Business. We recognize a personal loan is a private matter. Reasons for needing money range from critical automobile maintenance, unexpected medical expenses, much needed family vacation, basic home improvements, etc.
Whatever your reason, we respect your privacy. Thus, we work with lenders familiar with your situation and are ready to help.