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What is the loan finance charge?

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What is the loan finance charge?

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You are charged two flat finance charges for the payday loan; the first finance charge is for the term from the time that you receive the loan funds (Funding Date) until your first pay date and is due on the Payment Date 1. The second finance charge is for the term from Payment Date 1 until Payment Date 2 (your second pay date) and is due on Payment Date 2. Click here to see the rules that apply to you. If you have received a coupon, you will receive the appropriate discount off the fee. Provide the coupon code when you fill out your loan application.

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We will charge £25 for every £100 borrowed. An additional fee of £15 will be charged for same day CHAPS payment. This is the transfer fee that Lending Stream is charged by CHAPS. You can alternatively choose BACS transfer (which is free of cost) and receive payment within 3 days. Apart from the fees described above, there are no other fees when you borrow from Lending Stream.

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We will charge £25 for every £100 borrowed. An additional fee of £15 will be charged for same day CHAPS payment. This is the transfer fee that Lending Stream is charged by CHAPS. You can alternatively choose BACS transfer (which is free of cost) and receive payment within 2 or 3 days. Apart from the fees described above, there are no other fees when you borrow from Lending Stream.

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