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 Payday Advance Loans

A financial crisis may arise any time. What is worse is that when these financial crises arise, you might not be prepared to maintain the financial responsibilities it might require from you. There are several financial assistances you can apply for. However, applying for some financial assistance might not provide you with the emergency funds you are looking for. In this regard, instant approval payday loans are the best for you.

What are Payday Advance Loans ?

You have to understand that payday advance  loans are formulated for the sake of fiscal purposes only. When you will apply for payday loans, you do not need to have a specific reason for the use of the money. Basically, you can get cash which is about £100 up to £1000. Once you have been given the funds of the payday advance  loans, you have to make sure that you will repay the funds on your next payday.

There are some people who state that  payday loans are too risky. Basically, this is not true. The main feature of payday advance  loans is that it will not require you to subject your properties as collateral. Because of this, you do not risk your home being repossessed and there is no chance that it will be taken away from you. Moreover, instant payday loans will not require compulsory submission of the important documents that you need to submit. However, you have to be aware that  payday loans have slightly higher interest rates. This is because of the fact that this kind of loan falls below the short term type of loans.

What Requirements are Needed to Apply for  Payday Loans?

Before you will be offered payday advance loans, you need to make sure that you have the right requirements needed. The first requirement is all about the age of the applicant. People who want to apply for payday advance loans must be at least 18 years of age. Therefore, minors are not allowed to apply for payday loans.

Aside from that, you must have an active bank account. All providers of instant approval payday loans are requesting people who want to receive instant approval payday loans to have an active bank account since instant approval payday loans are directly given to you. Those who do not have active bank accounts yet should open one first before they will be qualified to receive instant approval payday loans.

Since you will be paying payday loans directly, you have to ensure that you are earning sufficient monthly income. Aside from that, you must have a proper job based on the standards of the providers of instant approval payday loans. This will be one of your main keys in order to successfully qualify for instant approval payday loans.

Residence supporting documents may occasionally be needed before you can successfully apply for payday loans. Some providers both internet and land based are requesting applicants to provide these documents.

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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