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How do you calculate my recommended monthly repayment?

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Written by Gareth Jones
Updated over 3 weeks ago

You are welcome to choose your repayment amount in the Zable App. This can be any amount from a fixed amount (minimum of £20 per month) up to the full statement amount.

We also have a recommended payment that you can choose which is a bit higher, which is either 4%, 5% or 6% depending on your credit limit and not less than £20. The reason for this is to help you repay your balance faster, meaning you pay less interest overall.

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