Wage Day Advance is often a trustworthy company that offers PayDay Loans service with a secure application form on their web site. Primarily based in the UK they may be a direct payday lender and not a broker. So should you apply to them you will get a immediate accept or decline response - swiftly.

The loans available at Wage Day Advance start out at £80 and go as much as £400 for first-time borrowers, and up to £750 for repeat-customers. These quantities are rather common for the marketplace.

Their representative APR is 2814.2% which can be slightly on the large side. For every £100 they lend out, a charge of £29.50 applies. Even though they are not amid the least expensive lenders, they're not amid the most high priced ones either.

Wage Day Advance offer both a re-loan service and a rollover service. A re-loan is accessible for the same amount, or higher, once you have paid off your balance (i.e. loan and interest charge). A rollover (or extension) is permitted at their discretion and only if they may be satisfied that it is accountable to accomplish so. With a rollover you must pay the interest charge and after that move the preliminary loan amount repayment date forward by one month.

There will not appear to be a minimal month-to-month income requirement and they state that all applicants need to be in common employment which might be taken to say that different types of employment to full-time are also accepted.

Wage Day Advance process for gaining PayDay Loans is simple: visit their webpage and submit an application on-line; you'll then be ID checked (employing your Debit Card facts); you may then will need to e-sign a loan agreement on the web; immediately after a short when (number of minutes) you'll either be accepted or declined; they supply a free of charge BACS (as much as three working days) funds transfer service for your bank account and also have a same day fund transfer service costing £15 - one of the cheapest within the sector.

Key Benefits highlighted:

- they accept applicants having a negative credit history as they do NO credit checks (only ID checks);

- they use either a debit card or immediate debit out of your bank account to take repayment of your payday loan on your next payday. This is perfect for all those of you that don't have a debit card.