FAQs

What are payday loans?
Payday loans are the answer for the problem when the individual is facing financial crisis. With the assistance of this monetary aid the individual can easily solve his unexpected expenses which generally occurs in-between pay checks. Additionally, the payday loans are small and for short duration.
Is there any pre-conditions criterion to qualify for payday loan?
Of course yes! There are few condition criteria which the applicant is required to fulfil before obtaining a payday loan. These are mentioned below:

Must be an adult i.e. at least 18 years
Permanent employed with minimum salary of £1000
Hold a legal bank account

What is the borrow limit on payday loan?
The amount granted to the borrower will be decided while going through his income, repayment capability and by examining his previous and current financial status. Normally on payday loans borrower will obtain in a range from £ 80 to £ 1500.

What is the time period to get loan amount sanctioned?
Payday loans are generally sanctioned on the same day. Sometimes it only takes few hours to get approval.

How does the loan amount get transferred in the bank account?
Just after the approval of loan, the amount is directly and instantly deposited to the customer’s saving account and hence the customer meets his urgent financial needs.

Is there is any chance for bad credit scorer to apply for these loans?
Definitely yes, borrower who is having poor credit ratings is also eligible to apply for payday loans. At Same Day Payday UK, the professional counsellors and experts will facilitate them to take benefits of payday loans in spite of having bad credit score.

Is there any process to require more information?
To acquire more information, the customer can call us at anytime. Our dedicated representatives are always ready to provide you all possible information about payday loans. Moreover, with the expert’s suggestion also our website will be beneficial to the borrower to know about loans clearly.

What are the services accessible through same day payday UK?
At Same day payday UK, u can get various services which include cash advance payday loans, instant payday loans, no fax payday loans, online payday loans, payday advance loans and many others.

What will be the interest rate?
Generally, all short term loans have high rate of interest but when applying through our website same day payday UK, you will get the interest rate at an affordable price.