This plugin was created for a client who wanted a short term loan repayment calculator. The idea is you chose the amount then select a day when you want the loan. You then have the option for a single repayment or installments where you chose when you can make the payments.

Fully flexible loans from £50 - £1 000

Repay over 90 days as and when your circumstances allow!

Daily interest 0.8%

How much cash do you want to borrow?

£50 £1 000

When do you need the money?

  • How do you want to repay?

Your Loan Summary

Loan Start Date:
Final Payment:
BorrowingInterestTotal to Pay
+=

 

Payment 1:

-
 
BorrowingInterestTotal to Pay
+=

How much would you like to repay? (Choose a figure greater than )

You must repay the full amount on the last payment!

It appears that was your last payment!

Your Loan Summary

Loan Start Date:
Final Payment:
BorrowingInterestTotal to Pay
+=

Representative Example:

Borrow £200 over 14 days.

Repay by one payment of £222.40.

Interest £22.40.

Interest rate: 292% pa(fixed).

1509% APR Representative

If you dont repay by day 90 there will be extra costs:

Late payment fee of £15.00.

Late payment interest at 0.8% per day

Charged at 00:01AM 91.

Interest will continue to be charged but you will never have to pay back more than twice what you borrowed.