Frequently Asked Questions
Our aim is to help you to find the best loan to suit your needs. We value our customers as we fully understand your circumstances. Just relax and we will get the top lenders compete for your loan, so you can get back on track with your everyday life stress free.
YES IT IS ABSOLUTLY A FREE SERVICE!
We will never charge you anything for using our service, no matter what. We get paid by lenders for introducing them to potential customers.
To get the lenders compete for your loan, you must meet the following basic criteria:
- You must be 18 or older,
- Be a legal UK resident,
- Have a valid UK bank account (that accepts direct debits), a working phone and an email account.
- You will also need a have a regular source of income (earning a minimum of £700 a month).
It is very simple, as 1,2,3.
- Decide how much you like to borrow and for how long.
- Fill in the simple short online form.
- Let the top lenders compete for your loan!
We will search through our selected and approved panel of lenders for your loan. If successful, we will forward you to the lenders completion page. Once you agree to the lenders offer you can sign for it electronically.
The money will be transferred to you as early as in 10 minutes but can be later on the same day, depending on your bank.
You can apply to borrow between £100 and £3,500
(The amount you can borrow depends on your personal circumstances and will differ by lenders.)
You can borrow for any period between 1 – 36 months.
There are no real general restrictions on what you can use the money, however the purpose of short term loans are for emergencies and should be used responsibly.
Once your loan application is approved by one of our selected lenders, and you agree to the lenders terms and conditions, the money should send to your bank account in as little as 15 minutes or as much as a few days. Most lenders pay the money borrowed into your account on the same day.
Once your loan is accepted and approved, the money will be transferred securely into your bank account.
This is necessary so that the relevant lender knows where to deposit your funds and where to take the payment from.
Unfortunately no – it is a requirement that applicants must have a debit card before they can be approved for a loan.
If you wish to pay your loan back earlier than scheduled, please contact and inform your lender directly as you may be entitled to a refund of a part of your loan fee.
No. Any loans must be repaid firstly before you can have another one. You should only borrow what you can afford to pay back to avoid farther interest, charges and avoiding damaging your credit profile.
Yes, of course you can. We are here to help you. As well we advise all our customers to read the terms and conditions before signing the loan. If you are unhappy with the offering, you are under no obligation to proceed.
If we are unable to find you a loan on this occasion we would do the at most to find you a solution such as Guarantor loan, Cash to your Door, Credit Union, Logbook loan etc.
APR means Annual Percentage Rate and it describes the cost of the loan (including interest, fees and charges) for a whole year. It is there to enable consumers to compare credit products and other payday lenders.
Because a short-term loan is generally for a lot less than a year, the annual percentage rate seems very high (as it also uses interest compounding) This can be confusing at times, but it is important looking carefully at the costs and on the actual final payment of any loans you are offered.
Some lenders use CPA (continuous payment authority) to retrieve payment. This means that you authorise the lender to withdraw the funds from your bank account. They can also make multiple attempts to withdraw the money if it is not available. If you want to cancel your CPA, you can do this by contacting your lender or by contacting your bank and requesting a cancellation.
We won’t but some of the lenders will examine your application in different ways. Some lenders simply analyse the loan based on repayment probability, while some may check with fraud prevention and credit reference agencies.
Yes you can, our strong and reliable panel of lenders aim to help customers of all sorts and kind. Rather to only consider your past, your ability for future repayments will be taken into consideration.
We will do at most to find you a solution no matter what are your circumstances.
Usually the loan repayment will be automatically debited from your bank account on the agreed repayment date. Please make sure you have enough funds in your account on the repayment date. These are all made clear in the terms and conditions of the loan agreement when you sign up.
Yes it is! All your personal information is confidential and kept secure. We will only keep it for as long as necessary. All information provided is stored in compliance with the Data Protection Act 1998.
If you have any issues regarding the repayment of your loan, you must contact your lender in the first instance.
They can discuss the ways and options moving forward as well as advice on how to repay your loan.
If you are experiencing financial problems and have mounting debts, we strongly advise you NOT to take any additional loans and to speak with somebody about your situation straight away.