What are the costs/fees for the Personal Credit?
Published on: 2024-10-25 11:48:10 +0100
Once eligible for Personal Credit you will have a total fee of £36, which is billed at 3 different times to split the cost. The first £12 of this is taken upfront, the second £12 and third £12 will be taken with your repayments for Personal Credit.
Personal Credit is repaid over 3 months with each repayment being one-third (1/3) of the loan amount exclusive of any fees to be paid.
Here’s a simple breakdown of the costs:
Access Personal Credit: Fee paid £12, Personal Credit is paid to Pockit account
1st Personal Credit installment after 30 days: Fee paid £12 + repayment amount
2nd Personal Credit installment after 60 days: Fee paid £12 + repayment amount
3rd Personal Credit installment after 90 days: Only the final repayment amount
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