- Payday Express is a well established payday loan lender and has been providing a personal payday loans service for many years.
- They have a secure online application form.
- Payday Express offer a FREE same day loan transfer to your account BUT only if you are a new customer. Existing customers need to select whether they want their funds transferred by same day (cost: £15) or two day transfer.
- If you apply for a loan and it is fully approved before 16:00 on a working day, your funds will be transferred that day. Payday Express have 3 transfers each working day, at 12:00, 15:00 and 17:00.
- The finance charge of £29 for every £100 borrowed is typical across the payday loan sector.
- Advantages: Payday Express accept applications from Part-time Employees as long as you earn more than £750 per month Net (i.e. after taxes).
- Payday Express accept applicants that are paid weekly - the loan will become repayable on the fourth payday after the funds are granted. Alternatively the repayments can be staggered over your next four paydays - this is a very flexible and unique feature amongst Payday Lenders.
Representative APR 2370.92%
Representative Example: If you Borrow £100 for 28 days then the:
- Total Charge for Credit is £129
- Total Amount Repayable is £129
- Interest Rate is 378% per annum (Variable)
- Representative APR is 2370.92%