Disclosure of financial restructuring offers (according to Google Advertising Policies):
Example calculation: A financial restructuring of GBP 5,000.00 with a term of 36 months is settled with a calculated monthly payment of GBP 116.40. This leads to a total debt amount of GBP 5,990.40. Taking the brokerage costs of GBP 274.50 into account, this yields a total expenditure of GBP 6,264.90 for the customer, which corresponds to 8.4% of the debt total p.a. The maximum effective rate p.a. is 13.9%.
Durations: We only broker contracts with a term of at least 12 and at most 144 months
Duration: Requests above/below these limits will not be processed.
Effective rate: The effective rate is 5.49%
MoneyHero does not broker or issue credit or loans! Our core competency is brokering financial restructuring.