THL Direct offers quick, short-term loans from £125 to £500 with 0.8% daily interest on the amount you borrow. No upfront fees, late fees, late Interest, or default fees. Although first time borrowers can only get £125. Funds are paid directly from THL Direct into your bank account. They also offer the choice of repaying your loan weekly or monthly.
REPRESENTATIVE EXAMPLE: £200 loan taken out over 3 Months (83 days). Annual rate of interest 292% fixed. Cost of credit £113.08. Monthly Payments: £104.36, £104.36 and £104.36. Total amount payable: £313.08
