Allied Loan Company is committed to being your first choice by delivering the cash you need in a comfortable and professional environment. APR is a very prominent figure within financial services because it is used widely by lenders. Every lender calculates it in the same way. As it is a standard measurement, it is considered to be a useful figure which can help consumers compare and contrast different financial products. All lenders have a legal obligation to give an accurate APR before their customers take on a loan.On the repayment date, the lender takes the amount you have borrowed plus the interest charged directly from your bank account. You will need to make sure you have sufficient money in your account to pay essential bills like mortgage or rent, heating and food, otherwise you could end up going overdrawn and having to pay bank charges.
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