WARNING: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk
  1. Home
  2. £200 Loan

£200 Loan

How To Apply
£200 loan

Things to consider before applying for a £200 loan

If you’ve experience an unfortunate event, and you’re in need of some extra cash, Pixie Loans can assist you. Rather than go your bank and needlessly borrow over £1000, payday loans provide a great alternative.  Even £200 payday loans are available..

Why take out a payday loan?

If you were to contact your bank and request a 200 pound loan, chances are, they wouldn’t entertain it. You could request for an increase in your overdraft, however, you’ll most likely pay more on interest. Banks see no profit in providing you a 200 pound loan.

As an alternative to the banks, payday loan lenders offer small amounts of cash for short periods of time. You will find the APR% is higher than a typical loan from the bank, but you’ll pay back less overall. This is because Payday Loans are small amounts for short periods of time.

Representative 546.1% APR. Representative example: £200 repaid over 3 monthly instalments of £134.76. Total charge for credit £404.27. Interest £204.27. Interest rate 546.1% (fixed)

 

How do I apply for a £200 loan?

Before applying, consider your alternatives. Understand whether or not a payday loan is best for you and your situation, it should only be used for emergencies. And another thing, work out the costs once you’re presented with a loan offer. If it is not affordable, do not accept.

To apply for a £200 loan, head on over to our application page and tell us a little about yourself. Once we have the right information, we will contact a number of lenders. Once you’re accepted, we will redirect you to their website.

Be sure to check whether you will be able to afford to take out and repay loan.

Representative 546.1% APR. Representative example: £200 repaid over 3 monthly instalments of £134.76. Total charge for credit £404.27. Interest £204.27. Interest rate 546.1% (fixed). APR rates range from 45.3% APR to 1575% Max APR. Your APR rate will be based on your circumstances.

Pixieloans.co.uk is a trading style of Maxed Up Media Ltd. Company registered address: Maxed Up Media Ltd, Adamson House, Towers Business Park, Wilmslow Road, MANCHESTER, M20 2YY. (Company number 07162006). Maxed Up Media is an appointed representative of Serpable Ltd and regulated by the Financial Conduct Authority under reference 848096. (Serpable Ltd is authorised and regulated by the Financial Conduct Authority under reference number 799104)

*loans can be paid into your bank account in less than one hour if the lender that has offer you a loan provides this service. In some instances, it can take up to 5 working days for a loan to be in your bank account. The lender will inform you when to expect the funds into your bank account.

IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY.

Credit is available to 18 years and over. All loans are subject to status. A short-term, payday loan should be used for short-term financial needs only, not as a long-term financial solution. Never borrow an amount that cannot be repaid on your next pay period date. Missing repayments may have a negative effect on your credit rating and make it more difficult for you to obtain credit in the future.

The operator of this website is not a lender or short term loan provider and does not make loan or credit decisions. We are a credit broker, providing loan matching services and help connect consumers interested in obtaining short-term payday loans, installment loans, guarantor loans and secured loans in amounts between £100 and £5,000 with participating lenders or brokers in our network.

We do not charge you any fees to use our websites, services or products. Any commission received by us is paid by participating lenders or brokers if you choose one of their products or for referring you to them.

If you are matched with a participating lender or broker, you may be charged a fee directly by the participating lender or broker. Please be sure to read their terms and conditions before proceeding with any loan arrangement.

We work exclusively with a selected group of lenders and brokers to offer you a range of credit and loan products. We may receive a percentage of the loan amount as a commission from a loan provider or broker if you take out one of their products and/or we may receive a fee for introducing you to them.

You can request details of these commissions or fees, by emailing us. We will then provide you with the precise amount of the commission or fee or, where that amount is not known, the likely amount. Please note that the lender or broker we direct you to may not offer the cheapest loan that is available to meet your needs.

© PixieLoans. All rights reserved

We value your privacy

We use cookies to ensure you get the best browsing experience and service from us, as well as for marketing, analytics, and personalised advertising. By clicking "Accept all and continue", you consent to our use of cookies. If you want to know more, you can read our cookie policy.