Payday
loan faq
How
do i apply for
one
of your
loans?
You
just fill in the
online
form located
here then
we will tell
you straight
away if
you
have been accepted,
there is no waiting
as there is no
credit check needed
to be carried out,
after
you
have
been accepted you
then just enter
your bank details
and also debit
card details so
you can
repay us and then
just sign the form
online, no faxing
is required, or
posting of forms
too, we
will
transfer your
cash into your
bank account
the
same day as
well.
The
whole
process takes
only 5 minutes
so very quick.
Some banks take
upto 48 hours
to
accept the bank
transfer, please
be aware of
this
when
applying .
Can
I
apply
if
I
have
low
or
poor
credit
rating
or
arrears?
Of
course, we
accept most applications
even
if you have
low or poor credit,
mortgage
and loan
arrears too, even
CCJ's
and
defaults, we
accept over 99%
of
all
applications
done
online
as long as you
meet our guidelines.
What can I
borrow from
you?
You
can borrow from just £80
right upto £750,
this will depend
on your present
circumstances.
When you apply
we will tell
you the how
much you can
borrow. The
charge is £25
per £100
borrowed, thats
all. See examples
below of the
charges for
our payday loan.
How
is my loan repayed?
We will debit
the payment from
the debit
card you registered
when applying
on the date of
your pay day for
the agreed amount,
you don't have
to do anything
else, just make
sure you get the
correct pay date
when applying..
Am
I allowed to
delay
my repayment?
We understand
you may have
an unforseen situation
which means you
are not able to
repay your payday
loan back on your
next pay date.
You will have
to repay the charges
then we allow
you a further
month to repay
the
amount you borrowed,
if you feel you
may need to defer
paying it back
please contact
customer service
on 0871 550 0076
and we will take
each case and
help.
How
do I find out if
I
will
qualify for
a
payday loan?
To qualify for
our payday loan
you need to have
the following
below:
- Be
over 18 years
old at least.
- Be
in full time employment
as well.
- Take
home pay is no
less then £750.
- You
have a UK bank
account and a
valid UK debit
card.
My
UK debit card, pay
date
or bank account info
have changed since
I took out your payday
loan.
If
the date you get
paid has
changed,
or
you have a new
debit card from your
bank,
then
simply contact the
customer service
team by calling the
number 0871
550 0076 as soon
as you can and they
will
make the changes
to your file for
you!
What
if I then have trouble
with
paying it back?
We
always understand
that
people's circumstances
can change on a daily
basis.
If
this is the case
with you,
if you let us know
please and
we will do our
best to help solve
the problem.
- Contact
us straight away
and
we
will
help.
- What's
the advantage
of getting a
payday
loan.
You
can apply
in just 5 minutes
No
faxing is ever required.
Money
is transferred the
very same
day.
No
credit check is ever
needed.
Instant
fast decision online
too.
What
time do you open
from and to?
You
can apply online
24 hours a day 7 days
a week for
a payday
loan.
The
customer service
dept is open from
9am
to 6.30pm Monday
to Friday and from
10am to 4pm on
a
Saturday.
How
can I contact you?
You
can contact
the MEM
Finance customer
service team
via the
following methods:
Call: 0871
550 0073
Email
On:
customer.services@paydaynow.co.uk
Post:
Payday
Now!
PO
Box
255
Bicester
Oxfordshire
OX26
4ZY
I
