WAGE DAY ADVANCE REVIEW
WageDay Advance has been in business since 2004 and they are one of the leading UK payday lenders.
Their APR is 2814.2% which translates into an interest charge of £29.5 per every £100 taken out for a period of 30 days. This rate places them among the more expensive payday lenders.
WageDay Advance supplies loans that start from £80 and go up to £400 for first-time customers, and up to £750 for repeat-customers. These amounts are quite typical among payday lenders.
The online application form they provide to their customers is totally secure.
They supply a same day transfer service on the condition that they receive the signed loan agreement no later than 6:00pm from Monday to Saturday. The cost of this service is £15. In case you have time to wait, you can opt for a BACS transfer which is free of charge, but can take up to 3 days.
WageDay Advance does not credit check their customers. Instead, they use an internal vetting system.
In most cases they do not require their customers to fax in any documents. However, they may do so when they have been unable to verify the information you have supplied.
They are not too specific about their eligibility criteria. They only posit that all customers must be regularly employed. They have not set a minimum acceptable monthly income, but in case you wish to avoid any unpleasant surprises during the application process, you should contact the company to ask more information on the matter.
Customers can pay back their loans via direct debit or debit card.
