Frequently asked questions
- The principle of our work
Paydayiom is a broker, which means that we do not hold out an offer of loans, but we match our customers with lenders. The customer is connected to one of our lenders, as soon as the request form is filled in.
- What is the sum of money that I can count on?
From £100 to £2500.
- Will it take long to receive my money?
It takes several minutes to fill in the request form and be connected to one of our reliable lenders. The sum of money borrowed can be received the next business day.
- How can I get the borrowing?
The money will be transferred into your banking account electronically.
- How quickly I’ll receive the borrowing if I’ve being approved by a third party lender?
In general the money will be transferred the next business day. But it also can be related to your lender, you’d better consider the question with him or her.
- What are the loan prerequisities?
To be 18 +, UK resident who has got a regular income and banking account.
- Why do you need my personal data?
- Do you practice the check of credit score?
We do not practice the check of credit score, but lenders can resort to it.
- What is your Representative APR?
For a thirty day loan of £400 we’ll require 728.9%. But bare in mind that APR can vary in different cases, it is just approximate figures.
- What if I can’t pay back?
You’d better let your lender know about the issue that you could have discussed what to do. Also you can get free consultation at Money Advice Service.(https://www.moneyadviceservice.org.uk/en)
- Where can I get a payday loan if i already have one?
You can use our service here.
- Payday loans for self employed
For more information go here.
- Is it real to get loans for people on benefits / for self employed ?
Yes, it’s real.