FAQs
What is a payday Loan advance?
A payday Loan advance is a small loan, repayable on your next payday up to 31 days away. Our payday loans are especially useful for those with poor credit, or those who do not wish to undertake a formal and lengthy loan agreement with a bank.
What can a payday loan be used for?
The money can be used for any purpose – to pay bills, to furnish your home, to purchase electrical goods or equipment, for a holiday, for deposits on luxury items, for a down payment on a new car, in fact anything you need that little extra cash for now.
How much can I borrow?
Any amount from £100 – £750. Your credit limit will be based upon the information you supply us with.
How much does it cost?
For every £100 borrowed, you are charged a simple fee of £25.00 (includes all transaction costs). It must be paid in full upon the repayment of your loan.
What do I require to get a payday loan?
You must:
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reside and be employed in the UK
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have a regular income and a current bank account
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have your salary paid directly into your bank account
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make a minimum of £333.50 each payday, after all taxes and deductions.
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be at least 18 years of age
I have a very poor credit history (CCJs etc) – does this stop me from getting a cash advance?
No. However, we will need to be assured that you have sufficient funds available on your payday to cover the repayment as per our terms & conditions.
I am not a homeowner – is this a problem?
No problem – it makes no difference to us whether you are a homeowner, a tenant or living with parents.
How long will it take to get the cash advance?
If you have access to a fax machine or email facilities then you could receive your loan the same day or next working day. Subject to provision of the necessary documentation.
How do I get my loan?
We transfer the money directly to your bank account by same day priority payment, once it is in your account you can access the money immediately.
