Money saving tips & news

Loan Jargon Buster

When you’re searching for a loan, it’s normal to encounter various abbreviations, jargon and small print. It’s important to fully understand this terminology before making the decision to take out a loan – which is why at MYJAR we aim to make the borrowing process terms of our loans as clear and simple as possible.

17th December 2018

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Flexible loans

How much would you like to borrow?

£

How long would you like to pay back your loan?

  • 3

    Months

  • 6

    Months

  • 12

    Months

  • Daily rate per
    £100 borrowed

    75p
  • Interest
    payable

    £240.13
  • Monthly
    repayment

    £246.71
  • Total
    repayable

    £740.13

*Monthly repayments may differ slightly in the final loan offer, illustrative purposes only

*Monthly repayments may differ slightly in the final loan offer, illustrative purposes only

Representative example: Borrow £300 for 3 months. Annual interest rate 274% (fixed). Repay in 3 instalments of £148.02 each. Total amount to repay £444.06. Representative 1081% APR.

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Loan Jargon Buster

When you’re searching for a loan, it’s normal to encounter various abbreviations, jargon and small print. It’s important to fully understand this terminology before making the decision to take out a loan – which is why at MYJAR we aim to make the borrowing process terms of our loans as clear and simple as possible.

17th December 2018

Read more

8 Money Habits to Adopt in 2019

There's nothing like the New Year to step back and reassess where you can make improvements to your finances.

14th December 2018

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Which is the best bank account for me?

Opening a new bank account or thinking of switching? We have a few helpful suggests on how to get the best account for you.

14th November 2018

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3 Things to Avoid in the Black Friday/Cyber Monday Sales

Be mindful on Black Friday, and avoid the sudden last minute splurge on those discounted goods. Read our handy blog post to find out the most common retail tricks that get you to spend your pounds and pennies.

13th November 2018

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10 Tips to Combat Impulse Shopping

Some unexpected payments aren’t always possible to account for, but avoiding impulse shopping really helps.

12th November 2018

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What Is Emergency Tax and What Should You Do If You're Paying It?

Here's some useful information to help you understand what exactly 'Emergency Tax' is and if you need to be paying it

1st November 2018

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Warning: Late repayment can cause you serious money problems. For help, visit the Money Advice Service

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