How long does the application take?
It only takes five minutes from start to finish – this includes signing for your loan!
How much can I borrow?
You can borrow from £80 up to £750 depending on your personal circumstances. Money can be sent into your account the same day, but some banks might take 1 – 3 days for funds to clear.
Can I get a Payday Loan?
If you are over 18, in full time employment and earning more than £750 a month, you are likely to qualify. All you then need is a bank account for us to pay the loan in, with a debit card for you to repay!
What information do you need?
Our simple online form only requires the following information:
- Your name and address
- Your date of birth
- Your contact telephone numbers and email
- Your work and pay details
- Your bank account and debit card details
Why do you need all this information?
GetMyPayDayLoans.co.uk are an affiliate of MEM Consumer Finance Ltd, Free Cash Locator, Thames Financial Loan Services and Payday finder who are all responsible loan provider and this means that they need to verify:
- That it is you taking out the loan
- That you are in full time employment and able to repay the loan
- That we put the money in your account and no-one else’s account
- That you can repay us in a simple and hassle-free way
Do you credit score my application?
No, we don’t currently credit score your application.
I have a bad credit history - will this affect my loan application?
Not necessarily. We look at each application based on your recent circumstances.
I don’t have a debit card - can I still apply?
We require you to have a debit card in order for us to take your loan repayment.
What do I have to do?
Complete our quick application online. If you are approved, you will be asked to complete your bank and debit card details and then sign your loan agreement. The Lender will do the rest!
When will I receive my loan?
Your Funds will be transfered to your account on the same working day as your loan is completed. Please note that some banks take up 1 to 3 days for money transfers to clear.
How will I get my money?
It’s paid directly into your bank account so you can access it as you would normally take money from your account.
Can I have two payday loans at the same time?
No all prior payday loans have to be repaid before another can be offered. This is because we want to ensure you can easily pay what you borrow.
How do I pay back my loan?
Easy – your provider will take the agreed repayment amount from your debit card on your next payday – there’s nothing else for you to do.
Can I defer my payment?
Yes - although after deferring the payday loan twice we will ask you to start reducing the balance. Deferral will incur new charges for every month the loan is deferred – but still at the fixed rate – there are no additional charges.
My payday or debit card details have changed?
If your payday has changed, or you have a new debit card, please contact your Payday Loan providers customer services team as soon as possible and they will make the necessary changes!
What if I have problems paying?
We understand that people’s circumstances can change. If this is the case, you must let your Payday Loan provider know as soon as possible and they will do their best to help.
The most important things to note are:
- Don’t borrow money you don’t think you can pay back
- Talk to your Loan Provider who will help as much as possible
