Here are 10 of the most common questions people like to know when applying for a cash advance.
A payday Loans is a small Loan that you can get on the same day you apply that will help you reach payday. These loans can be used for a wide range of purposes such covering unexpected costs or going on holiday. The most common use is probably for emergency bills.
Normally all you need is a regular income and a bank account. Some payday loan providers may also require that you have a chequebook. You must also be over 18 years of age.
Normally you can borrow between £80 to £1000 or up to around $1500 but this may vary slightly depending on the suppliers.
This varies between suppliers but as a realistic example, if you borrowed £500 you could expect to pay back around £625.
This should be detailed on the providers website but you will normally require your last pay slip, proof of your address and bank statements.
This varies according to the supplier but some suppliers secure your loan on the same day you apply, whilst others may provide it the day after you apply.
Paying the money back is normally done using a debit card. You can also use a cheque.
No you do not need to own a home. As long as you can provide details of your address, your homeowner status should not matter.
No, you can only attain one payday loan at a time. It is important that you pay off your current payday loans before taking out another one in order to avoid large repayments.
As long as you can prove that you will be able to payback the loan and its interest, you will still be able to acquire a payday loan.