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 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 - 1000. 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 £29.98 (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:
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.
