Payday UKPayday UK are Britain ’s leading online supplier of payday loans. They specialise in fast payday loans (for short term cash flow) and are one of the longest established payday loan companies in the UK . Payday UK are a trading name of MEM Consumer Finance Ltd - Britain’s largest online payday lender with over 100,000 customers to their name since August 2003. The company’s automated online process is simple to use, gives customers an immediate decision and the ability to complete the application online. As they are an online lender, borrowers can apply for a payday loan at any time, from home or the office. Once the online application process has been successfully completed, customers can receive their money within a couple of days – depending on individual bank clearing times. In April 2007 Payday UK were acquired by CompuCredit - a NASDAQ listed US credit card and loan company. Payday UK charge approximately £25 for every £100 borrowed. Customers do not have to pay any fees/administrative costs when setting up the loan.
In order to be eligible for a small loan from Payday UK, customers must:
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