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How personal loans work

The concept of "microcrediting" appeared in South Asia in 1974. The founder of this concept was Professor of Economics Mohammed Yunus.

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How personal loans work

In most cases, loan decisions may take up to 30 minutes during office working hours. If your bank does not support Faster Payments, funds will be sent to your account the same day as approval so long as youre approved by 16:30. Representative example: Borrow £500 for 4 Months, 4 Monthly Repayments of £215. Total repayment £863. Interest Rate PA (fixed) 270. 10, Representative APR 997 Payday loans. On this page.

How personal loans work