Purple Payday Loan Terms
The maximum loan amount for UK residents is £750.
Payable in a single payment on your payday. The payday advance amount is taken by direct debit on your payday for the agreed amount.
If you need to defer the payment
this is called a deferral.
this incurs another month's interest.
You will have to repay the charges and suggest you pay as much as possible to reduce further charges.
- No Credit check done
- Payment made by BACS to your account
- Payback by direct debit or debit card
- Online system to check the status of your account.
In the vast majority of cases it only takes a few minutes to approve an application including signing for it. However, in some cases it may be necessary for you to provide additional information but even when this happens it still should be taken care of in under 25 minutes.
Have bad credit history you still apply?
They are not basing their decision to lend to you over the long term (12 months or more) therefore they are only interested in your present circumstances. |