tariff of charges

Paying back on time is part of the deal

The cost of a speed-e-loan will increase if you extend your repayment date or if there is not sufficient funds available for our automatic collection.

If for any reason your contractual debit card loan repayment fails, then we will charge you £14.95 to cover our costs. Interest will also continue to accrue at the same rate as on your credit agreement.

We may attempt to collect the agreed repayment on one or more occasions and will always endeavour to discuss the situation with you. If we find that we are unable to come to a satisfactory arrangement for you to meet your obligations under the agreement, then we reserve the right to pass the account to our debt collection partner, and this process may add additional default charges. These charges will not exceed £95 in total.

Continued failure to repay a loan will also lead to a black mark on your credit record and potential legal action, both of which could make it very difficult to gain credit in the future.

Representative APR