How long does it take to apply and receive my funds?
In the vast majority of cases it only takes a few minutes to approve an application including signing for it. However, in some cases it may be necessary for you to provide additional information but even when this happens it still should be taken care of in under 25minutes.
How much can I borrow?
You can borrow anywhere from £100 to £1000 depending on your personal circumstances. Money can be in your account today!
|
You Borrow |
You Payback |
|
£100 |
£125 |
|
£200 |
£250 |
|
£300 |
£375 |
|
£400 |
£500 |
|
£500 |
£625 |
|
£600 |
£750 |
|
£700 |
£875 |
|
£800 |
£1000 |
| £900 | £1125 |
| £1000 | £1250 |
Why is the APR so high?
Annual Percentage Rate or APR is a common method for comparing finance that is lent over a period of 12 months or more but a Payday loan is set of a period of 1 month and therefore can be misleading for comparison purposes.
The below table demonstrates this:
|
Loan Type |
Loan Amount |
Months |
Total Repayable |
APR |
Actual Interest |
|
Installment |
£2000 |
36 |
£2973.96 |
16.9% |
49% |
|
Installment |
£2000 |
60 |
£3875.40 |
16.9% |
94% |
|
Payday Loan |
£1000 |
1 |
£1250 |
1355% |
25% |
What is your eligibility criteria?
If you are 18 or over, in full time employment earning £750 per month or more, you are likely to be eligible. You will need a bank account that accepts direct debits and we are required to prove your identity.
Why do you need this information?
As a responsible lender we are required to verify that you are who you say you are. That you are in full time employment and can afford to repay the loan. That it is your account we are putting the money into.
Do you use credit scoring or credit reference agencies?
No we do not use credit reference agencies to score your application
I have bad credit history – can I still apply?
Absolutely, we are not basing our decision to lend to you over the long term (12months or more) therefore we are only interested in your present circumstances.
I don’t have a debit card – can I still apply?
It is not always necessary to have a debit card attached to your bank account, please ask us for more details.
How do I apply for an Advance Payday Loan?
Complete our quick and easy online payday loan application form. If you are approved you may be asked a few quick questions by one of our trained operatives and then sign your loan agreement. That’s it, we take care of the rest.
When will I get my payday loan advance?
We will transfer the funds straight away - if it’s before 3pm then you will have your funds today. If not, then they will be in your account on the very next working day.
How will I get my payday loan advance?
It will be paid directly into your bank account.
How do I pay back my payday loan?
That's easy, we will take your payment via direct debit or by debit card on your next payday.
Can I defer my payday loan payment?
Yes – although after deferring the payday loan twice we will ask you to start reducing the balance. Deferral will incur new charges for every month the loan is deferred – but still at our fixed rate – there are no additional charges.
What if I have problems paying my payday loan advance?
We understand that people’s circumstances can change. If this is the case, you must let us know as soon as possible and we will do our best to help. The most important things to note are:
-
Don’t borrow money you don’t think you can pay back
- Talk to us and we will help as much as possible
Advance Payday Loans Customer Service
Please contact us with any comment or suggestions. We work very hard on your behalf and are always happy to hear from you.
Simple Rates?
So long as you are in work and have a fixed address your previous credit history is irrelevant to us. We believe in giving people second chances so apply for your 
Payday loans should not be used as a long-term solution for debt. However if you have emergency costs or bills which need to be paid immediately you can avoid penalty charges with a short-term payday loan.
We always provide you with a short-term payday loan that you are capable of repaying and we then inform the credit agencies that you've been a responsible borrower which will improve your credit rating.