The Facts:

WHO?

Payday Power

WHAT’S THE COMPANY ABOUT?

Fast, simply online application which only takes 5 minutes for approval. The loan can be in your bank account within one hour at no additional cost. If you do not bank with a faster payments bank, you should receive your loan within 48 hours. Borrow up to £1,2550 (up to £400 for new customers) with repayment taken in a single payment on the agreed pay day Payday Power are a brokers and most of their lenders charge £25 per £100 borrowed (some may charge varying APRs and fees). Working with a number of lenders, allows greater flexibility to increase your chances of receiving your loan quickly especially during weekends

HOW MUCH?

With Payday Power you can borrow £50 - £1250 (max £400 for first time borrowers)

WHEN?

Same day - usually within 1 hour

WHY?

Advantages:

• Poor credit history will not necessarily prevent you receiving a loan
• Borrow between £50 to £1,250 (£400 maximum for new customers)
• Five minute online approval
• There is no extra fee for same day transfers
• Loan paid directly into your bank account usually within the hour
• Working with a number of lenders increases your chances of receiving your loan quickly

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?

Payday Power, Athene House, 86 The Broadway, Mill Hill LONDON NW7 3TD

SPECIAL FEATURE

Payday Power also offers logbook loans which are secured against your car

AND FINALLY...

To apply with Payday Power, you have to be aged over 18 and a UK resident. You need to be employed full or part time, be a contractor or self employed with a regular income earning over £500 a month

The Figures:

Representative Example:
Borrow: £750 for 28 days
Total Amount Payable: £937.50
Interest: : £187.50
Representative APR:1940.5%