How
it works?
A
payday loan is a
short term loan that
you
pay back on your
next pay date, to
enable you to deal
with
a cash emergency.
You
get an instant
decision
and the
cash is sent the
same
day to your
bank account. Please
make
sure you read
the
details for each lender
before
applying.
You
may
also
consider
a
first
time
credit
card
as
well.
All
applications are
fast and only take 5
minutes at the
most, you will get
an instant decision
on your application
and
your loan is sent the
same day direct to
your bank
account, you should
receive your money
the
same day, some
UK banks take
24 hours to accept
the funds transfer,
please
see each lenders
details to make
sure you know how
they
work as
each lender
is different.
Do
I qualify, can
I apply?
To
qualify you must
be able to say yes
to the criteria below.
- Be
over 18.
- Be
in employment
- Earn
more then £333
a month
- Own
a debit card
- Own
a bank account
Can
I apply if I have
poor credit?
Yes
you can apply if
you have low or poor
credit rating or
mortgage arrears,
some of the payday
lenders do not need
to do a credit check
on you, your application
is based on your
present situation.
You can even apply
if you have CCJ's
and defaults.
How
much can I borrow?
You
can borrow form £80
up to £1000,
different payday
lenders will lend
you different amounts.
How
do I repay the
loan?
You
submit your card
details when you apply
and the amount you
borrow and charges
are taken out from
your bank account
on an agreed date
