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Why is there a loan fee?

T
Written by Tom Davies
Updated over 2 months ago

When you take out a loan with Autolend, a loan fee is added to the loan amount which is a charge for using our service.

Your quote will detail exactly how much the fee is. There are no hidden charges and no money will be asked for upfront. The fee is part of your monthly repayments (as shown in your quote), with the first repayment due a month after you have received the funds.

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