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Sep 28, 2017 - 34 minute read

Allianz personal loan

If you borrowed 5,000 over a 48 month period and the loan had an 8 arrangement fee (400), your monthly repayments would be 131. 67, with a total payback amount of 6,320. 12 which including the 8 fee paid from the loan amount, would have a total cost of 1,720. Representative 18. 23 APR. ARE THERE ANY FEES.

Allianz personal loan

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Allianz personal loan

Per cent just means per hundred. So for money 1 is 1p in the pound. 50 is 50p in the pound. A loan at 10 interest per year charges 10p for every pound borrowed every year BBC Skillswise: About percentages. A simple way of thinking of APR is how many pence it would cost you to borrow each pound, per year.

So for instance at 40 APR, on each pound borrowed you would pay 40p a year. At 400 Allianz personal loan, on each pound borrowed you would pay 400p or ВЈ4 a year. At 4000 APR, you would pay 4000p a year, that's ВЈ40 on each pound borrowed.

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