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A payday loan is primarily used to finance a short term loan. This loan can be used for any purpose and is usually repaid with one calendar month on your next pay day.
As simple as a, b, c...
a. Simply complete the short application form with all the required information.
b. Receive an instant decision online.
c. Check your email to see if any further action is required. Receive Cash in your account!
Frequently Asked Questions:
Q. How much can I borrow?
A: You can borrow from £80 up to £750.
Q: How long does the whole process take?
A: In total it should take you no more than 10 minutes from completing the online application to receiving and signing the agreement.
Q. Why does the APR seem so high?
A: Perhaps a better way of understanding this will be via a typical comparison to other standard term loans.
For instance:
A typical loan of £500 borrowed over 36 months with an APR of 16.9% will have a total repayment of £745 with an actual interest of 49% and compared to a payday loan of £500 over one month with an APR of 1845% having a total repayment of £625 with an actual interest of 25%. |
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