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So for each pound borrowed, you'd pay more than 100p. For APRs over 100 a quick and easy way to read them is to imagine a point in front of the last two figures. For instance 4670 APR becomes ВЈ46. 70. This personal loans repayment period the amount you would pay on each pound borrowed, per year.
See the box and link on the right for more information about percentages.
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