Example Loan
Representative APR 213%
£400 loan repayable over 12 months. 12 monthly payments of £58.36.
Rate of interest 119.72% p.a. variable. Total amount payable is £700.26.
Auden offers complete flexibility: the maximum repayment period is one year (in weekly or monthly instalments).
The way APR is calculated is complex. We always charge 0.64% per day for the first 90 days and then 0.1% per day for the remainder of the loan. And remember, we never charge fees. Even though this is how we charge for every loan we provide, the APR is different depending on how long the loan is and whether you repay in weekly or monthly instalments.
Maximum APR 882.8% - Minimum APR 213.1%
You can use these sites to compare short-term loans:
