Our Charges
We charge £14 for every £100 borrowed.
Our interest charge is fixed and will not change, so that you know exactly what it is at all times.
Your funds would be deposited to your bank account within 2 hours of final approval of your loan application. Kabayan Finance is charged in providing this service.
| You Borrow | You Repay |
| £300 | £342 |
| £400 | £456 |
| £500 | £570 |
| £600 | £684 |
| £700 | £798 |
| £800 | £912 |
| £900 | £1026 |
| £1000 | £1140 |
| £1100 | £1254 |
| £1200 | £1368 |
| £1300 | £1482 |
| £1400 | £1596 |
| £1500 | £1710 |
| £1600 | £1824 |
| £1700 | £1938 |
| £1800 | £2052 |
| £1900 | £2166 |
| £2000 | £2280 |
For a repayment term of 3 months we charge a 9.33% monthly flat interest rate
For a repayment term of 6 months we charge an 8.17% monthly flat
interest rate
For a repayment term of 12 months we charge a 7.58% monthly flat
interest rate
| Repayment Term | |||
| 3 months |
6 months |
12 months |
|
| Followed by |
3 payments of £213.33 |
6 payments of £124.17 | 12 payments of £79.58 |
| Total Repayable | £639.99 | £745.00 | £954.96 |
| Monthly interest Rate Flat | 9.33% | 8.17% | 7.58% |
| APR % | 382.45 | 336.91 | 284.08 |
| Repayment Term | |||
| 3 months |
6 months |
12 months |
|
| Followed by |
3 payments of £426.67 |
6 payments of £248.33 | 12 payments of £159.17 |
| Total Repayable | £1,280.00 | £1,489.98 | £1,910.04 |
| Monthly interest Rate Flat | 9.33% | 8.17% | 7.58% |
| APR % | 382.45 | 336.91 | 284.08 |
Repaying your loan could not be easier. There is no need for you to call us on the repayment date. Your repayment will be debited from your bank card, details of which were provided during the application process.
my loan on the due date?
We will make every effort to contact you to discuss repayment arrangements and will be sympathetic if you are having difficulties in repaying.
write to me about late payment?
We will charge you £2.50 for each letter that we have to send you requesting the payment. We will send up to 4 letters if we are unable to contact you whereupon we will review your circumstances and decide what the realistic best options are.
We will charge you interest on the overdue amount outstanding that you borrowed at the interest rate set out in the loan agreement. We will not charge interest on interest or allow interest to accrue over time to a level that we consider you will not be able to repay in a short period of time.
If you do not pay any repayment on time we may charge you £10. However, if you default and do not make acceptable arrangements to repay then we may take steps to enforce repayment through a court; you may have to also pay the direct legal costs we incur.
