What is a payday loan?
A payday loan is a short term loan through which you can access sufficient funds to deal with any urgent small cash needs before payday.
What are the qualification criteria?
Qualifying for a payday loan at Loan Payday is very easy. You just need to be an UK citizen above 18 years of age, currently employed and have an active bank account.
How long will it take for the payday loan to get approved?
At Loan Payday, the money will get wired directly into your checking account. Thus, you can access the money within 24 hours of your application.
Can I apply for payday loans despite being a bad credit borrower?
Bad credit ratings are not a problem at all at Loan Payday! We are more concerned about your present credit rating rather than your
past credit records. Moreover, we do not perform any credit check before approval.
Do I have to pledge any collateral to receive a loan at Loan Payday?
No, you do not have to pledge any collateral to apply for any of our loans services.
How much money can I expect to receive through payday loans?
Depending on your needs and repayment ability, you can get an amount ranging from £100 to £1,500 through our payday loan services.
Want about the repayment terms?
Generally, the repayment terms for payday loans are 14 to 31 days. But at Loan Payday, we can help you find flexible repayment terms.
How can I apply for payday loans at Loan Payday?
To apply with us you just have to fill in a simple online application form available at our website.
Will I have to pay any extra fee to apply?
No, you do not have to pay any extra fee to apply with us.
Can I cancel my loan application at any moment?
Yes, you can cancel the loan application at any time as you are under no obligations.
Is the application and financial information that I provide safe?
Absolutely, we respect your privacy and thus, use a variety of security measures to maintain the safety of your personal information.
