Purple Payday

Purple Payday Loans Review

Purple Payday no paperwork or credit checks, the application is completely online and they accept more applicants than any other Payday Lenders.

Apply for a loan today from £100-£750 and you could have the money you need in your account sameday.

To apply for a payday loan, you need to:

• Be over 18 years old
• Be employed with regular salary
• Earn £750 net per month
• Have a bank account that accepts direct debits

If you can answer yes to all the statements above, you are entitled to apply for a purple payday loan.

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.

Purple Payday Loans

Terms and Conditions apply. Typical 1355% APR. † Loan amounts. Purple Payday charge £25 per £100 borrowed for each NEW pay day loan where there are no arrangement fees to set up the instant payday loan.

The APR stands for Annual Percentage Rate and is the interest payable on the amount borrowed and other charges expressed as an annual rate charge. All lenders have to tell you what their APR is before you sign an agreement.

Purple Finance Charge

Purple Payday simply set up a direct debit for the agreed amount on your agreed wageday payment– 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.

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