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New Payday Lenders

New Payday lenders can be constantly seen all over the place and promise to provide good service. The high street is full of Payday loan lenders each one offering some special loan plan that it sometimes gets difficult for a layman to decide and trust a suitable payday lender. But in reality the abundance of new payday lenders is sign of positivity as this gives several of us to help from unperceived and unexpected expenditures. At the same time you need to be extra careful before appointing a new payday lender as you never know some might be unscrupulous and might con you with their deceiving appearance.

 Advantages of new Payday Lenders

The high availability of new Payday lenders is nothing but a positive response that suggests that there is competition to maintain and provide good service to people. This has indirectly raised the bar and every lender strives to provide better service from the other in order to make commission which they get from the company for increasing business.

 Earlier acquiring a loan for a layman was difficult, it was exclusively available for the cream of the society. But today the scenario has changed payday loans are readily available to people without any credit history check. Initially people also suffered from Dickenson notion where lenders were regarded as loan sharks and people were also very weary of availing loan services. Payday loans can help you to ease financial stress and if any month you have some extra bills and payments then you can easily take help of these direct loans by consulting one of these new payday lenders. Payday lenders provide immediate relief to your financial woes and problems. You can easily get hold of payday lenders to assist you online or on phone or even personally. You just need to fill an online application form and one of the reputed payday lenders can approve your loan immediately or within 24 hours.

 Payday loan amount and interest

 These loan amounts might be small but are useful when you need that extra amount for paying University fees, or for paying the house deposit when you move into a new house or for any unexpected family requirement. People are prejudiced about loans but new Payday lenders can greatly help you at the time of a financial crunch. They provide loans at 25% monthly interest which is much lower than other lending options. The loan amount along with the interest amount is automatically withdrawn from the bank account or your debit card on your next payday.

Representative example on a loan of £200 repaid after 30 days:

  • Total charge for credit: £248
  • Payable in one payment of: £248
  • Interest: £48
  • Interest rate: 292% p.a.
  • Representative 1223.6% APR (variable)

Customer Satisfaction

Our Customer Service centre will respond to your emails promptly
Monday-Friday from 9.30am-5.30pm
*subject to lenders requirements and approval

Our company is a licensed credit broker and not a lender

Marc Obadia T/a - Payday Lenders Direct Registered Office : 8 Parson Street, London NW4 1QB
Financial Conduct Authority Interim Permission Number: 654479 Data Protection Registration: ZA060351 Payday Lenders Direct is Authorised and Regulated by the Financial Conduct Authority”
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