Q. What is a pay day loan? |
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A pay day loan is a small advance which is repayable on your next payday up to 30 days away. It is an easy way to borrow money for those who don’t want the formal and lengthy loan agreement procedure with a bank. Apply today money in your account today. |
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Q. What do I need to get a Pay Day Loan? |
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You need a regular income together with an active bank account, cheque guarantee card. |
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Q. How does it work? |
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You apply on line or phone our call centre, they will agree the loan there and then.
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You fax/e-mail/post us copies of the last 2 months bank statements, passport/photo driving licence, 2 recent utility bills and a copy of both sides of your cheque guarantee card. |
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We will fax/e-mail/post you a credit agreement, which you must sign and return. |
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You then post us the relevant number of cheques. The day we receive theses we will credit your account. |
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Up to a maximum of 30 days later we will present your cheques to the bank for payment. |
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Q. Can I extend my loan? |
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Yes. As long as we receive £ 20 per cheque 1 day prior to your banking date, we can roll the loan over for another 30 days. This can be done a maximum of 3 times without us receiving a new cheque and/or copies of your guarantee card again. |
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Q. How long does it take to get a loan? |
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The money can be in your account within hours of your application. |
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