RushMyPay Charges

The average rate across our panel of lenders is Representative 728.9% APR*. The Representative APR will depend on the lender you are placed with.

There are no arrangement fees to set up the loan and RushMyPay does not charge the borrower anything. We do not charge a fee for the use of the brokerage services to borrowers, however it does receive a commission from lenders or other brokers where borrowers enter into a consumer credit agreement with lenders and brokers following an introduction through this website. As a broker we process the information you provide us and pass this onto our trusted third party lenders and brokers to help you apply for a loan.

Understanding the APR.

The APR stands for Annual Percentage Rate and is the interest payable on the amount borrowed and other charges expressed as an annual rate charge. All lenders have to tell you what their APR is before you sign an agreement. APR’s are a good way of comparing similar products but are not so effective when comparing different products.

 

 

 

 

 

 

*Representative example: £400 borrowed for 30 days. Total amount repayable is £459.36. Interest charged is £59.36, interest rate 180.5% (variable)

 

Step 1.

Complete online application

Step 2.

Accept credit agreement

Step 3.

Receive your CASH!**

** Subject to Lender Approval