Payday Text Loans
Do you need some cash for its urgent use but think that you may not be able to repay due to your smaller paycheque? For such people who earn a smaller salary and do not want to put the burden of repaying whole of the loan at once, payday loans are best solutions. At PAYDAY TEXT LOANS, we help you with timely finding out most competitive and affordable offer of payday loans from the lenders so that your overall cost of the loan is manageable within your repayment ability.
We carry a select network of the lenders who are wiling to provide you the cash at lower rates through payday loans no credit check. A distinct advantageous feature of such loans is that instead of presenting documents and paperwork, you need not to undergo through any checking. The borrowers are allowed to stretch the loan for 1 month so that there is not a huge burden of repayment on your paycheques.
Eligibility Conditions To Avail Payday Loans
To avail these text loans , you must be a UK resident above the age of 18 years, must be having a bank checking account and getting monthly paycheque regularly for past six months at least.
These Short Term Loans give you immediate access to the cash ranging from £100 to £1000, with the loan amount depending on your monthly salary. You are not required to pledge anything for collateral as these are unsecured loans for personal works. Thus, there are no risks involved for the borrowers. The loans are initially approved for a short period of one month, until your next payday so that you can repay the loan shortly if your repayment ability permits.
Consequences of Non-Payment:
It is always recommended and expected that you pay on time. In case of non-payment the policies of every lender regarding fees, interest and collection of outstanding debts etc. vary considerably. If your payment schedule needs to be re-arranged, most lenders will contact you via phone or letter. Non-payment will prompt penalties such as extra charges or increased interest rates. In the event that you will not be able to pay back your lender on time, then you must contact your lender immediately. Failure to do so may result in your credit file being adversely affected.
You can directly contact the lender in case of any delay or problem you might be facing pertaining to the payment process. This way, you can discuss all the available payment options in detail. If the issue cannot be resolved, then the lender has the authority to pass on your information to a third party collection agency.
If you cannot repay your loan on time you may be charged a late-payment fee by the lender ranging between ￡1 and ￡100. The fee completely depends upon the lender’s policy. To learn more go through your loan agreements terms and conditions very carefully.
** Subject to status
The process is online, secure and hassle free
The whole process of loan approval is made after keeping the urgent requirement of borrowers. A simple procedure for money transfer is adopted and you can get money without any sort of hassle? you can promptly settle for best available effective loan deals for cash urgency.
Representative Example: Amount of credit: £200 for 30 days you would repay a single payment of £248.00. Interest is 292% per annum (fixed). Representative 1269.7% APR
Warning: Late repayment can cause you serious money problems. For help go to moneyadviceservice.org.uk
* Applications to our lenders are subject to an assessment of affordability and credit worthiness.