The Mr Lender app allows you to apply for a short term payday loan or instalment loan. It also offers loan management for existing customers and we have added a game called 'Grab The Money' to help pass the time in moments of boredom.
Cost of borrowing:
Mr Lender charge 0.8% per day on outstanding capital.
Representative Example: Borrow £500 for 6 months, repay with 6 payments - payment 1: £203.33, payment 2: £183.33, payment 3: £163.33, payment 4: £143.33, payment 5: £123.34, payment 6: £103.34. Rate of interest 0.80% per day on outstanding capital. Total repayable £920.00 (based on 30 day periods). Interest rate 292% per annum (fixed). Representative 1,248.5% APR.
Late fees and non-payment:
Mr Lender has no hidden fees and does not charge any late fees.
We appreciate your feedback so please do send any you have to:
Email: [email protected]
Version 2.3 - App is a WebView. Fix S3 . Fix Logout
- MyAccount and MakePayment now work with instalment accounts
- Apply and Re-loans are included.
- Fixes on Make Payment start and expiry dates.
- Fixes to support the versions of Android (4.2 and 4.3 Jelly Bean Devices)
- Fix in Home status field in the apply screen
- Login screen now has better user experience.
Nexus 7 Tablet Support.