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What is a Payday Loan? |
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A payday loan is a temporary cash advance that can help you solve your cash flow problems and avoid paying high interest rates and expensive overdraft penalties. Payday loans are private and do not impact your credit rating. Using a payday loan can help you control your finances - allowing you to apply for the funds you need when you need them. Click here to Apply Online Today at PaydayBank |
1. Would Bad Credit affect my loan application?
| No - As with any loan application we look at your current financial perfomance to ensure that you will have sufficient funds in your bank account on payday to cover your repayment and meet all your other financial commitments. |
2. How do I repay the loan?
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Your debit card is used to take repayment of your payday loan. |
3. Does it matter if I don't have a debit card?
| We require you to have a debit card in order for us to take your loan repayment. |
4. Do you make loans to self employed people?
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Yes - Provided you have a regular income paid directly into your bank account. |
5. When will I receive my Payday Loan?
| Most customers can have funds paid into the account on the same day. PaydayBank have 3 daily payment runs: 1pm, 6pm and early morning. Please note that some banks take longer to clear their funds. In this case the funds should show as cleared within 24-48 hours. | | 
