Loans companies

PaydayUK Loans

**ADVERTORIAL**

PaydayUK is the nation's leading payday loan brand.

We offer loans from £80 to £750 over a typical period of 20 days, ie from the date of application for a loan to payday.

A typical PaydayUK borrower has an annual income between £15,000 and £35,000 but chooses a short-term loan of £200 because of unexpected costs, such as unexpected bills, holiday spending money or special occasions.

An average borrower is 22 to 35-years-old, has a net monthly income of £1,200 and works in an office or in a skilled professional environment.

Typical customers do not have a subprime rating – but have prime or near-prime rating, meaning they have usually a solid financial background – and find their outgoings outweighing incomings three to four times a year.

Customers often opt for a payday loan as the charges can be less than paying late payment, bounced cheque, or unauthorised overdraft fees.

Using payday loans also allow them to not to turn to banks or credit card providers, so avoid unnecessary negative hit to their credit rating.

Loans are deposited in the borrowers account on the day the loan is approved and are repaid directly by debit card on their payday.

We are committed to ethical lending – not lending more than 32 per cent of a person's monthly free cash, after existing outgoings, and restrict repeat borrowing or long-term use of payday loans. There are also no hidden charges or increased interest rates.

Apply for a payday loan.

**ADVERTORIAL**

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