FAQ
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 extremely 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 your 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.
Do you run credit checks?
Payday Advance UK do not use credit checks.
How much can I borrow?
Any
amount from £100 - 1000. We set you a credit
limit based upon the information you supply us with.
How much does it cost?
Typical
example: Payday Loan £100, Interest £29,
Total Repayable £129.
What do I require to get a payday loan?
You must:
What if I don't have a cheque book?
If you don't have a cheque book then you will need a debit
card.
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 all our customers
have sufficient funds available on their payday to
cover the repayment as per our terms & conditions.
What if I get paid weekly?
No problem at all - the advance will then become payable
on your fourth payday following the date of the advance.
Alternatively your repayments can be staggered over you
next four paydays if required.
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.
