Payday Express

Payday Express Loans

To qualify for a payday express bank loan you are required to be 18 or over, holding a UK bank account which your salary is paid in to and be in employment.

Payday Bank loan benefits:-

• 2 minute secure online application & approval
• Same day £80 to £750 payout possible
• No credit checks carried out
• No faxing of documents
• UK Call Centre

Payday Express Terms

The maximum loan amount for UK residents will be £750†. A payday loan is repaid on your next payday. Usually up to 31 days.

Payday Bank do not do credit checks they are not interested in your past credit, they are only interested in your current ability to repay your loan and other financial commitments on your next payday.

We need the following information:

• Your name and current address
• Two contact phone numbers and your email address
• Your work and income details
• Your bank account details

Payday Express terms

Typical 1355% APR (30 day loan). Cost of Credit 25%. The APR% for Payday Loans may seem quite high at first glance. Taking into account that all setup fees and administrative costs are included and since most Payday Loans are paid over a period of no more than 70 days a yearly APR% might be misleading.

Payday review – Finance Charge

Payday Bank simply debit the payment from your debit card on your payday for the agreed amount – no fuss and nothing further for you to do.

The total amount payable by you on the due date is the loan amount and the finance charge.

The loan is repayable in full on your next pay day but, for a small fee, you can request an extension of the repayment date until the following pay day charged at £25.00 per £100. *Payable in a single payment on your payday.

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