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How does Payday Loans work

How Payday Loans work By taking out a payday loan, for whatever reason, you will have sufficient funds to keep you going until your next wage slip arrives. The loan usually ranges from £80 to £800 and sometimes even up to £1,000 can be offered depending on the provider you choose. The loan is then repaid on your next payday - within the next 31 days. Although borrowers mainly take out the loan to plug a gap until their payday, a payday loan can also be effectively used for other purposes at your discretion, as long as it is paid back with interest during the short loan term. Approval for payday loans Before you can be given approval for a loan, you must be able to satisfy the payday loan provider that you will have enough cash available to cover the advance repayment. The provider will usually look at how much you can afford to pay back on an individual basis. Additionally, some payday loan providers will also give you the option of extending your advance as long as you pay the interest over the first loan period.

Payday UK

Payday UK WHO? Payday UK WHAT’S THE COMPANY ABOUT? Borrowing from Payday UK is quick and easy with online decisions in just two minutes. You can borrow up to £750 and the Payday UK website is available 24/7, 365 days a year. Apply before 5pm and you could have the loan the same day. Apply over a weekend and if approved, you can have your money deposited on Saturday and Sunday - so you don’t have to wait until Monday for your cash. Loans are for 30 days and should be repaid in a single payment on your next payday. There are no hidden charges or administration costs. Payday UK charge £25 per £100 borrowed. There is a customer service team on hand to help 8am - 8.30pm Monday to Friday and 10am - 4pm on Saturday and Bank Holidays (excluding Christmas and Boxing Day). HOW MUCH? With Payday UK you can borrow from £80 to £750. WHEN? A decision in two minutes - and you could have your money the same day. Plus Payday UK deposits money on Saturdays and Sundays too. WHY? Advantages: • A decision in two minutes • Borrow up to £750 • Apply before 5pm for same day service • Apply online or by telephone • Money can be deposited on Saturdays and Sundays • £25 for every £100 borrowed • Payday UK website available 24/7, 365 days a year • Customer service team available to help Disadvantages: • A payday loan is designed to cover short term cash flow problems only • A payday loan is not a cost effective way to borrow in the longer term. • If you require a payday loan for longer than the repayment limit shown, please seek professional advice to consider alternative, more suitable, solutions. WHERE? Address: Payday UK, PO Box 225, Bicester, Oxfordshire OX26 4ZY SPECIAL FEATURE Deposits money on Saturdays and Sundays. AND FINALLY… To apply with Payday UK, you must be over 18 years old, in permanent employment earning more than £750 net paid monthly. The Figures: Representative Example: Borrow: £750 for 28 days Total amount payable: £937.50 Interest: £217.50 Representative APR: 1737%

privacy statement

This is Google's cache of http://www.paydayloans.co.uk/pages/privacy-statement.html. It is a snapshot of the page as it appeared on 11 Jan 2012 08:36:13 GMT. The current page could have changed in the meantime. Learn more Text-only version Payday Loan Lenders How payday loans work Payday loan charges Payday loans suitability Pros and cons Taking out a payday loan Apply for a payday loan Home > Privacy Apply for an Instant Payday Loan Payday Loan Calculator Ask questions, talk to others and see the latest payday loan offers and discounts. Payday Loan Forum Payday Loans Payday loan lenders Payday loan charges Who they are suitable for Payday loan pros and cons Taking out a payday loan How Payday Loans Work Payday Loans F.A.Q Loan Providers Easy Pay Day Loans Payday Loan Express Payday UK Wage Day Advance Wonga.com Payday Kong Quick Quid Cash Genie FLM Quick Provident Personal Safeloans Txt Loans Lending Stream Kwik Cash Quid 24 Mr Lender 247Moneybox 1 Month Loan Cash Choice Uncle Buck Shopacheck Speed-e-loan THL Direct Payday Power Pounds To Pocket Cash Converters Micro Lend Money Shop Privacy Statement Privacy Statement At Payday Loans Nationwide Limited, we are committed to protecting your privacy and developing technology that gives you the most powerful, safe, online experience that you can get anywhere. Privacy Codes of Conduct Because your privacy is important to us, Payday Loans Nationwide Limited sites will operate by the following six Code of Conducts. Code of conduct 1 Payday Loans Nationwide Limited sites will ask when they need information that personally identifies you or allows them to contact you ("Personal Information"). Generally this information is requested when registering for a site, when requesting a particular service, or when entering a competition. When possible, Payday Loans Nationwide Limited's sites will provide you with the means to make sure that your Personal Information is correct and current. Code of conduct 2 Payday Loans Nationwide Limited sites and their necessary service partners use your Personal Information to operate the sites and services and to inform you of new features, services, and products from Payday Loans Nationwide Limited and its affiliates. Some Payday Loans Nationwide Limited sites may also carefully select other companies to send you information about their products or services which are related to the site's service but are not necessary to its operation (a "Secondary Use"). Code of conduct 3 If a Payday Loans Nationwide Limited site intends to use Personal Information for a Secondary Use, the Payday Loans Nationwide Limited site will provide you with instructions on how to decline this service. You may also stop the delivery of informational or promotional mail from Payday Loans Nationwide Limited sites by following the instructions on the mail. Code of conduct 4 Payday Loans Nationwide Limited sites that are primarily directed at children will not use Personal Information for a Secondary Use without obtaining the consent of a parent or guardian. When possible, these Payday Loans Nationwide Limited sites will provide e-mail notice to parents that children have provided Personal Information to the site. Code of conduct 5 If at any time you believe that a Payday Loans Nationwide Limited site has not adhered to these Code of Conducts, please notify Payday Loans Nationwide Limited Online by e-mail at privacy at Payday Loans Nationwide Ltd and we will use all commercially reasonable efforts to promptly determine and correct the problem. Bank Chiefs And Jail - Tue, 10 Jan 2012 Internet Mischief - Mon, 09 Jan 2012 Money Shop Payday Loans - Sun, 08 Jan 2012 More News Payday Loan Lenders Ethical service Our services are transparent and ethical. Instant decision We deal direct with lenders. We provide you with a selection of products and are not tied to any one lender. © PaydayLoans.co.uk, 2011. All rights reserved. Payday Loans Nationwide Ltd, Dot Com House, Broomfield Place, Coventry, West Midlands, United Kingdom, CV5 6GY Sitemap About Contact Disclaimer Advertise Privacy