Cash Payday Loans Application Page
Payday Loans UK are still available, can be repaid back over longer periods and they can be loans for tenants or homeowners.
Representative 305.9% APR. Representative example: £400 borrowed for 90 days. Total amount repayable is £561.92 in 3 monthly instalments of £187.31. Interest charged is £161.92, interest rate 161.9% (variable)
If used wisely, payday loans can be a great product to use in the case of an emergency expense.
If approved for a payday loan, it is possible to have the needed cash into your bank account on the same day and sometimes within a few hours.
Payday loans are most useful when you need the money in an emergency, like car repairs, house plumbing repairs, repairs to a washing machine or other kitchen appliance, really anything that you use regularly or rely on heavily and you need back working again as soon as possible.
We encourage all visitors of the site to read this to fully understand the payday loans and personal loans process.
Implications of Non/Late payment/Credit Score
We work with a number of loan lenders, all of which have their own practices and distinct loan agreement terms and conditions. The consequences of non-payment can include:
1. Making it more difficult for you to obtain credit in the future or having to pay default charges to the lender due to this.
2. Having to pay more for your credit by extending the term of the payday loan and therefore the period for which you pay interest.
3. The sending of this information to a credit reference agency. Carefully read the terms outlined by the lender you have been matched with.
If you are likely to miss a payment or have any problems making a payment, you should contact the lender directly to discuss your options as soon as possible. If you fail to resolve the issues with the lender, then your account may be placed with a collections agency or sold to a third party collections company.
Disclosure of Renewal
We do not make the decision to renew your loan, but this is left to the loan lender you have taken your loan out with. Each lender have their own specific renewal policies. We encourage you to read the loan agreement terms and conditions specified by the lender we match you with carefully. Should you have any questions or if you need to renew your loan, please kindly contact the lender you are matched with directly.
Compliance with Regulations
Quick & Friendly Loans Limited is an Introducer Appointed Representative of Quint Group Limited and is entered on the Financial Services Register under reference number 736820, which effects introductions between borrowers and lenders as well as other brokers, for the purposes of entering into loan agreements. The operator of this website is not an agent or representative of consumers or any lender and does not endorse the services offered by specific lenders.
Collection Practices
Loan companies know that peoples’ circumstances can alter. If this has happened to you, you must let your payday loan company know as soon as possible and they will do their best to come to some kind of suitable arrangement with you. The most important thing is to not borrow money that you do not think you can pay back. Some of our loan companies may use collection agencies and you should discuss this directly with the loan company concerned.