What is a payday loan or cash advance?
A payday loan or cash advance is an unsecured, short-term cash loan to help you until your next payday. Customers choose payday advances to cover small, unexpected expenses while avoiding costly bounced-check fees and late payment penalties. At myadvanceloan.co.uk, apply online for a payday loan and your advance will be electronically deposited to your checking or savings account.
What can a payday loan be used for?
Whether you are paying off bills, celebrating a special occasion, or covering an unexpected cost your payday loan is there to be used at your own discretion.
How much can I receive?
Your first loan is based upon the information you provide in your loan application. After successful repayment of your loan, we may increase your loan amount on any future loans.
How do I qualify for a payday loan?
myadvanceloan.co.uk does not perform a credit check, which makes qualifying for a payday advance easier than for traditional credit. You should meet all of the following requirements:
. Currently employed (or receive regular income)
. Be 18 years of age or older
. Must be a resident of the United Kingdom
. Have a checking or savings account with direct deposit.
What is the procedure to apply for a payday loan online?
To apply for a payday loan, complete and submit the application found on our website. At that point, the approval process will immediately get under way and an agent will notify you of your status.