SAFELOANS LTD REVIEW - Payday Loans

Safeloans Ltd are a short-term loan lender established in 1989.
They have an SSL certificate which means they have a secure website on both their domain names: SafeLoans.co.uk and PaydayOK.co.uk
They offer a unique service in that you can choose how long you wish to borrow for - from 1 day up to 31 days - and they only charge you for the number of days you borrow. You can get a 7 day loan if that's all you want!
The rate they charge is 1% a day. So if you borrow £100 for 30 days you pay £30 in interest, a bit more than the market average of £25. But if you borrow anywhere from 1- 24 days you pay less than this £25 average.
Flexible Repayment Scheme offered on: 1 month loan; 2 month loan; 3 month loans; or 4 months loans - you choose to suit your budget.
Need cash in the next 1 hour? Then this is your lender of choice - they offer a priority 1 hour funds transfer direct to your bank account. You pay £15 for this priority service.
If you're happy to receive funds by end-of-day then you can opt for the cheaper £10 same day transfer. If you don't want to pay for funds transfer then opt for the free BACS transfer - but it can take up to 3 working days.
Note: Loan applications are processed within 3 working hours of receipt.
No faxing of documents required except for a minority of borderline cases.
They will credit check and credit score you.
Advantages: you pay for the exact number of days you need the loan and not a day more unlike traditional lenders that always charge for 30 days.