Choose the Best Payday Loan for You

A payday loan is a one-off, short term loan designed to keep your finances afloat until you receive your monthly wages. You generally have the option borrow between £80 and £1,000 and the idea is that you pay off the loan in full as soon as your monthly wages arrive in your bank.

Who Should apply for it If you have exhausted every other possible avenue of raising

finance, have a few too many black marks on your credit history and have a genuine unavoidable reason for needing the money, then and only then should you consider the possibility of taking out a payday loan.

In order to be eligible for a payday loan you must be over 18 years old and in employment with a take home wage of at least £750 per month. You must also have a bank account with a valid debit card.

How Do You Get a Payday Loan?

The application process is quick and easy to complete. You will be asked for your name, address, details about your monthly income and employment, when your next payday is, along with the amount you wish to borrow and your bank account details.

Only borrow what you need, the less you borrow the more likely that your application will be accepted and the smaller the amount of interest you will accrue.

How Do You Get a Payday Loan?

If your application is successful you will be sent, by email, your loan agreement showing the amount that will be lent to you, the repayment date and the amount of interest you will pay on the repayment date. Along with the loan agreement you should also be sent loan conditions.

How Do You Get a Payday Loan?

If you agree you sign online by providing details of your name and answering a security question. Then, email this back to the loan provider and the money will be deposited into the bank account you registered at the application process. The money can be deposited in your bank account on the same day you make the application.

How do I repay the loan? You will need to repay the loan amount and the

interest accrued on the repayment date as specified in the loan agreement. The repayment date is usually your payday, hence the name payday loan.

The repayment will be collected by the loan provider by debiting the bank account you registered at the application process, which is the bank account into which you get your wages paid.

Benefits of a Payday Loan

Fast

Simple

No Upfront Costs

Available to people with poor credit history

Contact Us

To know more visit:

http://www.ezycash.co.uk/

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