Applicants for a payday loan begin by filling out and digitally sign the online application. Once your application is submitted, we review it and notify you directly or by email about your status. If your payday loan is approved, you will receive the funds the today or the next business day. All applicants receive their status via email.
How much can I borrow?
As an applicant applying for the first time you can choose in the range of 80 - 750 pounds. After you repay your first loan, you can borrow as much as £750.
Does having a bad credit history affect my application for a loan?
Having a bad credit history does not affect your loan application. In general we look at your current financial performance. This way we ensure that you will have enough money in your account on Payday to cover you Payday Loan later on, as well as meet your other financial needs.
Is it possible to roll the loan over to the next payday?
Yes, that is possible. However, after rolling your payday loan over twice we require that you begin to reduce the balance.
How much does a PayDay loan cost?
The fee for a PayDay loan is £25 for every £100 borrowed. For example, if you borrow £200 the total fee is £50. When you need an instant solution to a financial crisis, Our Payday Loan provides you with that short-term solution to your problems.
How quickly can I receive my loan?
Your Payday loan can be received into your bank account as quickly as the same day. There are certain banks however that need more time to clear the funds paid into your account. In such cases the funds are cleared within 1-2 days.
