E-PAYDAY REVIEW - Payday Loans

  • e-Payday offers loans up to £500 but if you are a first time borrower with them then the most you can borrow is £200.
  • Although the Typical APR is high, the amount you have to pay back for every £100 you borrow is only £120 - by far the lowest in the payday loan market.
  • They offer a same day transfer service however because you have to fax in documentation to get a loan in the first place that slows down the process and you may have to wait a bit more than "same day" to receive funds.
  • But because they do get to see the documents you fax in then that allows them to charge the lower interest rate!
  • Because they request faxed documents then they do not need to credit check you.
  • They do have a secure HTTPS application form.
  • You need to have a UK bank account that is linked not only to your debit card but to your cheque-book too.
  • We do recommend e-Payday.

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