Warning: Late repayments can cause you serious money problems. For help, go to moneyadviceservice.org.uk
Representative Example: On an assumed loan amount of £750 over 12 months. Rate of interest 292% (fixed). Representative 171%APR. Total repayment amount £1351.20 and total interest is £601.20. 12 monthly payment of £112.60.** We do not know how many customers take out a loan or the APR, this calculation is based on the mean APR of the lenders we work with
Previously, payday loan providers attracted criticism from those looking for short term financial assistance. They felt that companies treated them unfairly and charged high fees that put them into financial difficulties. We believe that short term lending could be done so much better.
Our viewpoint is that we should be a responsible broker for those who need short term assistance with their finances. With that in mind we’ve put customers at the forefront of every decision we’ve made - we don’t have any hidden fees and our customers are not obligated to take out a loan which may put themselves in financial difficulty.
As a new loan broker, there’s three key areas that we’re proud of:
Firstly, we wanted to make the whole process as simple and transparent as possible. Gone are the days of confusing agreements and hidden fees. You can use our loan calculator to select exactly how much you’d like to borrow and how long you’d like to repay. Any lender you are matched with provide an up-front breakdown of exactly what you’ll be paying back and when.
Secondly, we understand that unforeseen expenses can come out of nowhere at any time. From your car breaking down to unexpected bills, you’ll sometimes need a financial buffer until your next payday. That’s why our application system is 100% online, allowing you to apply for a loan at a time that suits you. Once we have approved your loan application, we'll aim to have the money in your account within an hour.
Thirdly, we wanted to offer flexibility. Typically, a payday loan is taken from 7 to 35 days. However, you can also apply for an instalment loan which can spread your payments over a 2 to 5 month period. All of the loan providers we partner with offer early pay back to save on interest - with no early repayment fees.
We’re are also committed to making the repayment journey as easy as possible. If your circumstances should change unexpectedly, don’t panic. We’ll treat you fairly and work with you to find the best options to try and help you.Apply Now