CUOK is a short term loan that provides you with a simple and flexible solution to the cash needs you may have until your next payday. The interest rate on a CUOK loan is [42.6%APR] much lower than that charged on typical payday loan providers [1500%APR] , so taking out a CUOK loan saves you money and makes good financial sense. Also, our terms are designed to fit your budget and personal circumstances.
Typical example of our CUOK Payday Loan of £400 borrowed over 30 days.
|Typical interest rate (APR)||Total repayment||Total
|Saving on interest|
|CUOK Payday Loan||42.6%||£412||£12||–|
|Typical Payday Loan||1500%||£496||£96||£84|