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How can weekly payments help you?

Wed 01 January 2014

At Morses Club we like to make things clear for our customers. Our loans are designed to provide a more personal and straightforward option for borrowing, with simple weekly repayments.

You can choose the length of your plan, starting from 20 weekly payments with further repayment options available including 33 week and 52 week repayments. New customers are able to borrow up to £400 and existing customers up to £1000.

Your personal agent will talk you through your options and help you complete your application when you take out a Morses Club loan, they will then visit you at an agreed time each week so you can make your repayments. This gives you a friendly and personal service and a loan that works around you.

Spread the cost

When you apply for a loan with us, you can see exactly what your weekly payment amount will be from the start and exactly how much you'll be paying overall. This means the terms of the loan are clear and simple from the start, helping you to make the right choice for your circumstances.

We also understand that circumstances can sometimes change, so there are no hidden costs and we don't charge for late or missed payments. If you miss a payment or think you are going to, contact your agent so you can get things back on track.

Repay in manageable weekly payments

There are a number of different payment options available with Morses Club, and you can decide which one is best for you by discussing with your agent when you apply. You'll be given all the information you need to make an informed choice and our agents are always on hand to answer any questions.

You can choose how much you'd like to borrow and how long you want your loan agreement to last, which will give you the weekly payment amount. Here are a few examples to give you an idea:

You can use our loan calculator to find out which repayment option fits your requirements and circumstances best. Our calculator shows you a full breakdown of how much you can borrow and for how long, and what the total cost will be. New customers can borrow up to £400 and existing customers may be able to borrow up to £1000, subject to approval.

You can find our loan calculator here.

  • £200 over 20 weeks – Repay just £15 per week (representative 756.5% APR)
  • £100 over 33 weeks – Repay just £5 per week (representative 433.5% APR)
  • £400 over 52 weeks – Repay just £14 per week (representative 272.2% APR)