FAQs
How much can I borrow?
You could be offered a loan of between £80 and £750. The exact amount available to you will depend on a number of factors.
Those who haven’t borrowed before are usually only eligible for a loan of £500 or less.
What are the charges for a Payday Loan?
The Representative APR is 1737% (variable). As an example, a loan of £160 taken for 28 days would require payment of £200, the interest would be £40 for a loan with an interest rate of 1737% pa. You’ll repay £20 for every £80 of the loan when borrowing until your next payday.
This works out as:
• A repayment of £120 for a £100 loan
• A repayment of £250 for a £200 loan
• A repayment of £375 for a £300 loan, for a period of 28 days.
When will I need to repay the loan?
You’ll be expected to repay the loan when you next get paid from work or within 28 days.
Loan extensions are possible but these do increase the cost of the loan. We do not recommend rolling over your loan.
When will the loan clear in my account?
The agreed amount will normally be in your account within a day or two of you being approved. Often the money is available within a few hours.*
Same-day* loans are available in some circumstances but you’ll need to apply by 3pm.
How do I apply?
All you need to do is fill in the online form with the requested details.
Our How it Works page details exactly what information needed from you.
Do I qualify for a Payday Loan?
You are likely to qualify if you meet the following criteria:
• You’re 18 or over
• You have a permanent job
• You earn over £750 a month
• You have a UK bank account
• You have a debit card
• You're a UK resident
What information do I need to supply?
Our online form asks for certain information including:
• Your full name
• Address
• Date of birth
• A contact number and email address
• Details of your employer and your pay
• Your bank account and debit card information
Do you contact my work place?
We request the contact details outlined above so our lenders can verify your identity and employment information. It is unlikely they will need to phone you on your landline or at work.
On the rare occasion where our lenders do need to contact you to get more information, they will use their utmost discretion and will not disclose your loan information to anyone except you.
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