LOANS TILL PAYDAY
It is a familiar enough phrase and for good reason when you think that close to 100,000 customers in the UK search the Internet every month just looking for online payday loans. Customers who apply for short term loans include homeowners, tenants, living with parents, lodgers, in the armed forces UK based, sometimes posted overseas. So Payday loans are for anyone working over 18 years old regardless of residential status, occupation or credit rating as no credit checks are required.
Loans till payday are nothing new and employers often give short term salary advances to trusted employees. There are also pawn and cheque cashing shops in most towns and cities in the UK where you can arrange loans until payday. So why go online? Convenience and privacy are the two biggest advantages of online payday loans according to our customers. You may feel uncomfortable in speaking to your employer about a wage advance and it’s probably something you would not choose to do if you had other options, likewise friends and relatives. How about the high street? Yes you could arrange a cash pay day loan at the cheque cashing or pawn shop but you’ve got to get there during the working day, it may be busy when you do and you may have to wait around. Our customers just prefer to arrange quickly, easily and more privately a short term Online cash advance of £80- £1000 via the Internet.
Previous bad credit? If you have experienced previous credit difficulties, CCJ’s, defaults, arrears etc you might think this will prevent you from qualifying for a pay day loan but that’s not the case. This is because pay day loans are not subject to credit history or underwritten using credit scoring. The important thing is that you can show you can afford to repay the amount you need to borrow on your next pay day and still be able to pay your regular outgoings. Period of loan is normally 30 days, although it is possible by arrangement to roll this over until the following pay day. These types of loan are intended to be short term and If you required a loan for a longer period than this you should look at the unsecured loan option.
It only takes two minutes to apply for and receive a payday loan, the whole process is now Paper Free and Fast. First send in an online enquiry. You know almost immediately if you have been approved for a loan, the loan agreement is displayed online for you to sign. It’s that easy!
The minimum payday loan amount is £80 to a maximum of £1000 and the interest payable is 25%. This means if you had a loan until payday of £200 you would repay £250 on your next pay day. It maybe that you will not qualify for the full amount you have requested although most customers do, if this is the case you will be offered the best possible credit limit. The money will be in your account the same working day you apply.
To qualify for a pay day loan you must be over 18 years old, have a UK bank account with either a debit card such as Switch, Visa Electron/ Delta, Solo or Maestro. You have to be employed with your wages/ salary paid into your bank account. You must be a UK resident with proof of address and ID. Online pay day loans are available to homeowners, tenants, customers living with parents and HM Forces personnel living within the UK or posted overseas. There are NO credit checks and loans are not subject to credit status.
