| Safeloans Ltd (Payday Loan) |
| Lender |
| Safeloans Ltd offers cash loans the same day and at a daily rate. You only pay the interest for the length of time you borrow the loan. Traditional ‘PayDay lenders’ charge interest for a full 30 days, no matter how long you borrow the money for. Safeloans Ltd offers a quick and easy online application with instant approval decisions and same day cash transfers. Apply online in minutes and get cash in your bank today. |
| Advantages |
1. Daily Rate Of Interest
2. Easy Online Application
3. Same Day Payout |
| Disadvantages |
1. High APR.
2. Payday loans are not a long term solution for financial problems. |
| Terms & Conditions |
| Applicants must be 21 years of age living and working in the UK. Wages must be paid directly into a UK bank account and applicants must have a debit card linked to this account. Applications are credit scored |
| Lender: Safeloans Ltd |
|
| Identification Required |
| Generally not required – Safeloans Ltd offer a ( 2 Hour Online Approval ) |
| Restrictions |
1. You must be over 21 and living in the UK.
2. You must be employed with a regular minimum £800 income.
3. You must have a mobile phone and email address. |
| Additional Requirements |
| Debit Card Required: | Yes | Bank Account Required: | Yes |
|
| Costs, Rates & Fees |
| Amount: | £50-£500 | | Total Repayable: | 101% to 129% | | APR: | 2120.1% |
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