What are payday loans?
Payday loans are unsecured credit borrowings that are given out to individuals and must be returned within a two to four week period. These payday loans are usually 300 to 1000 pounds, with most first time borrowers getting the 300 pound loan.
How long does it take to apply?
The application process for a payday loan is very brief. There is an online form that must be filled out, with personal, financial and job data. The application is reviewed, and a decision is usually made in less than 24 hours.
What information do you need from me?
In order to be approved, you must fill out information about your name, address, date of birth, national identity/license, bank account information, job data, loan amount and contact information.
How quickly is the money available?
Depending on how accurately and thoroughly you fill out your application, the money can be in your account within 24 to 48 hours. Applications that need further review or documentation may take longer.
What fees and hidden charges are there in payday loans?
There are no hidden charges or fees in payday loans. The entire terms of the loan are outlined in the document you will receive. This will indicate the interest rate, and the total amount that must be paid back within a set period of time. If the loan is not paid back, there will be a sharp increase in what is due.
Is the service safe and secure?
Yes, it is as secure as it can get. Every form is filled out on a secure server, which ensures your personal information cannot be accessed by a third party. There is no need to worry about entering your personal, job or bank account information when you are applying for our instant loans.
What are the requirements for getting a payday loan?
One of the great things about payday loans is that there is a minimal application process. Apart from having a job and a bank account, there are no requirements for getting a payday loan. Due to the higher than normal interest rates, payday loans are available to customers who may have an inferior credit score.
How is your customer service?
We are very proud to have a top class customer service team. If you have any questions, you can call us and speak to a representative during work hours. If your question is asked after hours, it is best to send us an email with your question and contact information. If the question can be answered via email, you will get a response in a few hours. If we need to speak to you directly, you will receive a call from us.
Can a person take out more than one payday loan?
It is not possible to take out more than one loan initially. However, when you repay one or two payday loans on time, you will be eligible to borrow more, and to take out more than one loan.
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