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What is a Payday Loan?
A payday loan is a cash advance that solves temporary cash flow problems by bridging the gap between paydays. In many cases a payday advance is a dignified alternative for individuals with short-term cash-flow needs who might otherwise be forced to pawn or privately sell property. |
1. Would Bad Credit affect my loan application?
| No - As with any loan application we look at your current financial perfomance to ensure that you will have sufficient funds in your bank account on payday to cover your repayment and meet all your other financial commitments. |
2. How do I repay the loan?
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Your debit card is used to take repayment of your payday loan. |
3. Does it matter if I don't have a debit card?
| We require you to have a debit card in order for us to take your loan repayment. |
4. Do you use credit checks?
| No - applying for a payday loan with us will not affect your credit history or rating. |
5. Do you make loans to self employed people?
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Yes - Provided you have a regular income paid directly into your bank account. |
6. When will I receive my Payday Loan?
| Most customers can have funds paid into the account on the same day. However some banks take longer to clear their funds. In this case the funds should show as cleared within 24-48 hours. |
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