Payday UK Payday Loans
Lender Summary
Same-Day Loan Transfer Service (CHAPS payment): Faster payment system that is free of charge – not CHAPS
Same-Day Loan Transfers: Yes -deadline for same day loan transfers is 3:30pm weekdays only
Maximum First-Time Loan Amount: £750
7- Day Loan Transfer Service: No
BACS Transfer Charge: Free BACS transfer - (can take up to 3 working days dependent on bank)
Credit Check Carried Out: Yes
Complete Online Application Process: Yes
No Faxing of Documents Required: Yes
Option to Repay by Debit Card: Yes
Option to Repay by Direct Debit: No
Loyalty Discount: No
Salary Payment Frequency: Monthly only and salary must be paid into bank account
Own Bank Account: Yes
Minimum Monthly Take-Home Pay: £750 per month after tax and national insurance
Employment Status: Full time employment only
Part-Time Employment: No
Main T’s & C’s: Applicants must be: 1) at least 18 years old; 2) Resident of the United Kingdom; 3) receive regular pay; 4) posses a debit card for the UK bank account that one’s wages are paid into.
